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Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.

The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.

The market is waiting for the Fed’s next move, or clarity around an ETF, say analysts

DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting the Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
- 16:24Analyst: BTC Weekly MACD Indicates Resurgence of Bullish MomentumAccording to CoinDesk, analyst Omkar Godbole stated that the weekly MACD histogram for Bitcoin has crossed the zero line, indicating a resurgence of bullish momentum. This bullish signal coincides with Bitcoin rebounding from the 50-week Simple Moving Average (SMA), mirroring the trends seen in mid-2024 and early 2023, when BTC subsequently experienced significant increases. The analyst noted that in the past five years, the MACD has entered the positive zone five times, with only one false signal occurring in March 2022 (circled in the chart), leading bulls to misjudge the market direction.
- 16:23S&P 500 Index falls 0.2%, hitting intraday lowThe S&P 500 Index fell 0.2%, hitting an intraday low.
- 16:23White House: Trump Secures Historic $1.2 Trillion Economic Commitment in QatarAccording to Jinshi reports, the White House stated that U.S. President Trump reached a historic $1.2 trillion economic commitment in Qatar.