Bitcoin Rally Cools as Geopolitical and Rate Risks Pressure Markets
Bitcoin (BTC) is up 28% since Aug. 19 but has lost momentum as markets absorb Federal Reserve rate increases and weigh another possible hike in October.
Bitcoin (BTC) is up 28% since Aug. 19 but has lost momentum as markets absorb Federal Reserve rate increases and weigh another possible hike in October.
ONDO traded at about $0.5084 as of 12 p.m. ET (16:00 UTC) Sept. 29, while Ondo Finance’s tokenized products continued to expand across major blockchain networks.
Long positions accounted for $196 million of the total, while short positions made up $130 million as leveraged trades were cleared on both sides.
QNT rose from $240 in an hour, while short liquidations exceeded long liquidations across Binance, Bybit and OKX.
The announcement concerns crude oil held in the Strategic Petroleum Reserve.
August openings fell 256,000 from a revised July total, while real estate and rental vacancies reached their lowest level since February 2014.
HBAR was down 9.01% over 24 hours, while long liquidations reached $40,000 in the latest hour tracked.
The largest cryptocurrency by market capitalization was trading at $83,152 on Binance spot at 11:43 a.m. ET Sept. 29.
ADA was up 0.66% over 24 hours despite the sharp hourly decline. The measurement was taken from Binance spot ADA/USDT trading at 11:43 a.m. ET on Sept. 29.
The combined liquidations totaled $12.25 million as Bitcoin fell 0.95% to $83,180 across the same hour.
Total Ether liquidations reached $11.95 million as the token fell 1.29% across the same period.
Long positions accounted for $35.06 million, or 96% of the total, across Binance, Bybit and OKX as of 11:28 a.m. ET on Sept. 29.
AVAX remained up 8.71% over 24 hours, while $650,000 in long positions were liquidated during the same hour.
The single liquidation occurred at 11:24 a.m. ET (15:24 UTC) on Sept. 29 on Binance’s perpetual futures market.
Ripple’s XRP fell from $1.55 to $1.51 in one hour while its 24-hour performance remained up 1.14%.
Ether fell from $2,721 to $2,673 over the hour, while 24-hour performance remained up 0.11%.
ZEC was down 9.47% over 24 hours as of 11:28 a.m. ET on Sept. 29.
Binance’s Bitcoin open interest fell from $10.6 billion to $9.2 billion over the past week as spot demand remained weak.
Tokenized gold volumes topped $1.8 billion on centralized exchanges, while Hyperliquid’s HIP-3 markets surpassed $95 billion in cumulative volume.
Ether was trading at $2,698 on Binance spot at 11:08 a.m. ET, down from $2,714 15 minutes earlier.
PUMP was up 14.17% over 24 hours as of 11:08 a.m. ET on Sept. 29, based on direct exchange-price collection.
The preferred stock dividend carries a 12% annualized rate for the period and is scheduled for payment Oct. 15, subject to declaration and legally available funds.
Bitwise’s CEO said Sept. 29 that Avalanche continues to make progress in real-world applications.
NEAR was down 0.79% over 24 hours as short liquidations outpaced long liquidations during the latest hour.
The index fell to 81.9 in September, well below the 89 forecast, as concerns about prices and jobs deepened.
SHIB must hold support and clear a descending trendline to reach $0.00000720-$0.00000730. The setup also allows for a decline to $0.00000575.
TRXS offers brokerage-account exposure to TRX and seeks additional TRX through staking, with a 1.10% sponsor fee.
Brent crude reached $106.99 a barrel after Iranian Foreign Minister Abbas Araghchi said Tehran delivered a seven-point proposal to the United States through Qatar.
The wallet holds 5.84 million NEAR in a position valued at $29.21 million, with an entry price of $2.35 and 10x leverage.
Job openings totaled 7.079 million in August, while July’s figure was revised up to 7.335 million from 7.271 million.
The Bitwise NEAR ETF, trading as NRR on NYSE Arca, began trading Sept. 29 and plans to stake the NEAR held by the fund.
The benchmark yield reached its highest level since May 2004 on Tuesday, keeping long-term U.S. rates in focus for crypto and other risk assets.
Inflation reached 0.8% in August, while the central bank projected price growth would remain within its 0% to 2% stability range through 2028.
BMNR gained 2.12%, while COIN rose 1.93% as all six listed crypto-linked stocks advanced.
SanDisk, Western Digital and SK hynix also advanced, while Corning climbed 2.8% after signing a multiyear fiber-supply agreement with AT&T.
The Dow Jones Industrial Average fell 0.05%, while the S&P 500 gained 0.15% at the U.S. market open.
The Bitwise NEAR ETF trades under NRR, charges a 0.75% management fee and plans to stake holdings through Bitwise’s staking team.
The token was trading at $0.00579 after gaining 9.77% over 24 hours.
Bitcoin gained about 7%, while the altcoin sample delivered an average return of 39.1% and a median gain of 27.5%.