Close Menu
LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Business
  • Markets
  • Policy
X (Twitter) Telegram
LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Business
  • Markets
  • Policy
X (Twitter) Telegram
LockMeta
Markets 9 months ago

Bitfinex Alpha: Crypto Market Volatility Will Increase, Expect Further Fed Rate Hikes

According to the Bitfinex Alpha report, the possibility of a U.S. interest rate hike continues to loom over the market after there was more evidence that inflation accelerated again in February and consumer spending was strong. The S&P 500 lost half of its gains in January last month as investors reassessed expectations.

Bond markets, initially optimistic in January that the Fed would soon pause rate hikes, have also reversed course on rate hikes. While Bitfinex Alpha expects more rate hikes, the Fed’s tightening of monetary policy from last year is starting to have an impact on the economy. In the cryptocurrency market, Bitfinex Alpha expects increased volatility in the short term.

The total market capitalization of the crypto market fell below the important $1 trillion mark as the prices of bitcoin and ethereum fell sharply over the weekend. Market dynamics continue to be dominated by futures markets with larger liquidations. Volatility appears to be here to stay.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAdidas to host Into the Metaverse event in Berlin, Germany on March 25
Next Article Data: The inflow of Ethereum L2 stablecoin funds in the past 7 days exceeded 2 billion US dollars

Related News

2 days ago

SEC seeks public feedback on Franklin Templeton and Hashdex spot Bitcoin ETFs

4 days ago

Before the market rebounded, USDT accounting for 3.54% of the total supply was transferred to the exchange

4 days ago

During the decline of BLUR in the past 24 hours, three whales deposited a total of approximately 7.17 million BLUR to the exchange

5 days ago

The total locked-up volume of Layer 2 rose to US$14.72 billion, a 7-day increase of 11.21%

5 days ago

The damage was approximately US$54.7 million, and we have negotiated with the attacker to provide a 10% bounty for their return

5 days ago

The GBTC discount rate has reached approximately 8.6%, the lowest record since July 2021

6 days ago

GBTC may face $2.7 billion in outflows when converted to ETF

6 days ago

Bull market expected to arrive early next year

The Latest
Markets 2 days ago

SEC seeks public feedback on Franklin Templeton and Hashdex spot Bitcoin ETFs

Business 2 days ago

Chairman of the Monetary Authority of Singapore: Bitcoin has no underlying assets and cannot be used for cross-border payments

Altcoins 2 days ago

The number of addresses holding DOGE exceeded 5 million

Bitcoin 2 days ago

Bitcoin velocity is at historic lows

Business 4 days ago

Seeking a statutory maximum sentence of 10 years in prison for former Binance CEO CZ

Crypto Assets
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
Market Dynamics
  • Business
  • Markets
  • Policy
Support
  • Contact Us
  • Advertise
About
  • About Us
  • Privacy Policy
  • Terms of Service

The daily digest for crucial crypto news updates.

X (Twitter) Telegram
Disclaimer:

LockMeta endeavors to provide accurate and current information. However, due to the evolving nature of the crypto space and reliance on external sources, we cannot guarantee its complete accuracy. We advise users to conduct their own research and consult professionals before making decisions. LockMeta assumes no liability for actions based on our content.

© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.