Bitcoin stuck at $28K

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin stuck at $28K

FxPro | 1179 일 전

Market picture

Bitcoin is down 1.3% over the past week, finishing around $27,800. Ethereum lost 2.7% to $1760. Other leading altcoins from the top 10 showed mixed dynamics: from a decline of 8.2% (Polkadot) to a growth of 13.6% (XRP).

Total crypto market capitalisation, according to CoinMarketCap, fell 1.4% to $1.16 trillion over the week.

Bitcoin had updated 9-month highs to around $28,900 but corrected in the second half of the week.

As a result of another recalculation, bitcoin's mining difficulty rose by 7.56%. The figure renewed its all-time high at 46.84 T. The average hash rate was 335.23 EH/s. Correlated metrics have increased by more than 30% since the beginning of the year.

News background

Tether technical director Paolo Ardoino said the company has about $1.6 billion in excess reserves to support its stablecoin USDT. In his view, amid the banking crisis and global economic uncertainty, bitcoin may well surpass its previous record high of $68,000.

The Fed's board of directors has once again rejected Custodia Bank's application for membership, indicating that the bank's business model does not meet the goals set out in the Federal Reserve Act.

JPMorgan bank said the US banking crisis has opened up opportunities to increase market share for some crypto exchanges by offering banking services to cryptocurrency firms and investors.

German securities processing giant Deutsche Wertpapier Service Bank AG (dwpbank), which manages 5.3 million customer accounts for various banks, has launched wpNex, a bitcoin trading platform.

Nasdaq, the operator of the stock exchange of the same name, has announced plans to launch cryptocurrency storage services by the end of the second quarter of 2023.

By the FxPro analyst team

FxPro

4.5

437개 리뷰

종류: NDD

규제: FCA (UK), SCB (The Bahamas)

태그 : 분석

The Fed Has Changed the Rules of the Game

The Fed kept rates unchanged, but everything else turned decidedly more hawkish. Higher inflation forecasts, higher expected rates and the end of forward guidance mean markets are now on their own. Every inflation print and every job report will matter more than ever—expect volatility to become the new normal.

Headway | 4 시간 51 분 전

Midweek Technical Look on JP225, OIL, BTCUSD

JP225 hits fresh record high above 71,000. Oil drops to three-month lows on peace deal optimism. Bitcoin breaks below 65,000 after hawkish Fed.

XM Group | 6 시간 42 분 전

Today Technical Analysis: Oil continues its decline with Brent falling below $77 a barrel

Brent crude continues to display a clear bearish trend, with sellers maintaining firm control across all major moving averages.

STARTRADER | 8 시간 2 분 전

Today Fundamental Analysis: US stocks close lower as Fed keeps interest rates unchanged, but hints at a rate hike this year

At the first FOMC meeting chaired by Kevin Warsh, the committee kept interest rates unchanged at 3.5%–3.75%. However, the Fed’s updated dot plot turned more hawkish, with policymakers now expecting higher rates in 2026. The median year-end rate forecast rose to 3.8% from 3.4% in March, signaling the possibility of at least one rate hike next year.

STARTRADER | 8 시간 19 분 전

US500 – The Fed Just Turned Hawkish, and Stocks Felt It

The Fed just shifted gears. Instead of rate cuts, nine officials now expect a hike this year. New chair Kevin Warsh's message: beating inflation comes first. Markets reacted fast—S&P 500 dropped over 1%, the dollar surged, and yields hit a one-year high. Warsh also dropped forward guidance, so traders now watch data over Fed promises. The next move hinges on jobs and inflation numbers.

Born2trade | 8 시간 33 분 전

Dollar rallies on Fed’s hawkish hold; BoE awaited

Dollar rises after Fed signals rate hike in 2026 - New Chair Warsh does not submit a rate projection - BoE to stand pat; focus to fall on guidance - Stocks slide on Fed outcome, but futures rebound

XM Group | 10 시간 13 분 전

GBPUSD Awaits Bank of England Meeting Near April Lows

GBPUSD is attempting to stabilise near 1.3317 on Thursday morning. The pound sterling barely reacted on Wednesday to weaker-than-expected UK inflation data. Investors preferred to take a wait-and-see approach ahead of today’s labour market statistics and the Bank of England meeting.

RoboForex | 11 시간 7 분 전

Fed’s Hawkish Lifts the Dollar, Pressures Gold and Equities

🦅 Warsh's Fed erases all 2026 rate cut expectations — DXY surges to 11-week high at 100.57, 2Y yields spike 16bps. Gold and tech stocks slide. Dot plot pushes easing to 2027-28. WTI drops as US-Iran sign preliminary ceasefire. IEA warns of 8M bpd oversupply in 2027. Jobless claims up next.

CPT Markets | 11 시간 10 분 전

Review Score

플랫폼

가격 책정

고객 서비스

특징

EURUSD	1.14594	GBPUSD	1.3204	AUDUSD	0.70152
USDJPY	161.429	USDCAD	1.41329	USDCHF	0.80469