Over the past 24 hours, financial markets have entered a volatility-compression phase and consolidation, as investors digest the latest U.S. inflation data (CPI at 3.4%) while awaiting the Federal Reserve’s FOMC decision.
Market
- Bitcoin ~$77,300 USD
Compressed range ($77.1k - $77.3k) ahead of the Fed meeting.
- S&P 5007,656.54 pts +0.85%
Higher close driven by a reset in rate expectations.
- Nasdaq Composite 26,327.58 pts+0.94% Tech sector rebound after digesting macro data.
- Dow Jones 52,566.22 pts +0.96% Boost from industrial and financial stocks.
Crypto Market
Volatility compression: #Bitcoin is maintaining an intraday range of just $185 USD, signaling the kind of contraction typically seen before a major macro event.
Derivatives and liquidations: $623 million in crypto futures liquidations were recorded over the last 24 hours, with $166 million concentrated in Bitcoin.
Key levels for #BTC: Immediate support in the $76,300 – $76,700 area, and technically compressed resistance between $78,500 and $80,000.
Macro Environment and Wall Street
Yields and the Fed: Attention is focused on the path of the Federal Reserve’s interest rate and on yields on 10-year Treasury bonds (hovering around 4.95%).
Commodities and Debt: Persistent pressure in global fixed-income markets and volatility in oil prices, keeping inflation expectations in the spotlight.
$BTC $Xau $INDEX
Market
- Bitcoin ~$77,300 USD
Compressed range ($77.1k - $77.3k) ahead of the Fed meeting.
- S&P 5007,656.54 pts +0.85%
Higher close driven by a reset in rate expectations.
- Nasdaq Composite 26,327.58 pts+0.94% Tech sector rebound after digesting macro data.
- Dow Jones 52,566.22 pts +0.96% Boost from industrial and financial stocks.
Crypto Market
Volatility compression: #Bitcoin is maintaining an intraday range of just $185 USD, signaling the kind of contraction typically seen before a major macro event.
Derivatives and liquidations: $623 million in crypto futures liquidations were recorded over the last 24 hours, with $166 million concentrated in Bitcoin.
Key levels for #BTC: Immediate support in the $76,300 – $76,700 area, and technically compressed resistance between $78,500 and $80,000.
Macro Environment and Wall Street
Yields and the Fed: Attention is focused on the path of the Federal Reserve’s interest rate and on yields on 10-year Treasury bonds (hovering around 4.95%).
Commodities and Debt: Persistent pressure in global fixed-income markets and volatility in oil prices, keeping inflation expectations in the spotlight.
$BTC $Xau $INDEX
