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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.
- 11:30The European Central Bank plans to decide on the next steps for CBDC next month.According to ChainCatcher, the Governing Council of the European Central Bank will decide on the next steps for CBDC after the conclusion of the preparation phase next month. ECB President Christine Lagarde has urged EU governments to quickly establish a legislative framework to facilitate the introduction of the digital euro.
- 11:28Yala hacker mints 120 million YU on Polygon networkAccording to Jinse Finance, monitored by Lookonchain, the Yala hacker minted 120 million YU on Polygon, and subsequently sold 7.71 million YU on Ethereum and Solana via cross-chain transactions, exchanging them for 7.7 million USDC. Currently, the hacker still holds 22.29 million YU on Solana and Ethereum, and another 90 million YU remains on Polygon, yet to be bridged. The hacker has already swapped 7.7 million USDC for 1,501 ETH and transferred them into multiple wallets.
- 11:05Economist: U.S. Tariff Policies Will Continue to Impact Economic GrowthJinse Finance reported that Seth Carpenter, Chief Economist at Morgan Stanley, stated in an interview with Germany's Handelsblatt on the 13th that U.S. economic growth is clearly slowing down, with one important factor being U.S. tariff policies. The consequences of these policies will continue to manifest in the coming months. Carpenter believes that the U.S. economy is currently facing sustained low growth, and he expects weak growth in the fourth quarter of this year and the first quarter of next year. In 2026, the U.S. economy may grow by only about 1.25%, far below the 2.8% in 2024. In addition, he pointed out that the current performance of the U.S. labor market is significantly weaker than a few months ago. New data shows that from March 2024 to March 2025, the number of new jobs added will be only half of the initial expectations. Furthermore, signs of weakness have also begun to appear in U.S. industrial production.