FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 20, 2025 04:54

US recession would be a big catalyst for Bitcoin: BlackRock - BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo Finance.Mitchnick said Bitcoin (BTC) is catalyzed by increased fiscal spending, deficit accumulation, lower interest rates and monetary stimulus — all of which tend to happen in recessions.“And it’s catalyzed to some extent over fears of general social disorder,” Mitchnick pointed out. “And that too, unfortunately, is something that can happen in a recession.”🚨 LATEST: BlackRock Global Head of Digital Assets Robbie Mitchnick says, “If you look at Bitcoin fundamentally on a long-term basis, it really seems like an asset that should be uncorrelated or even inversely correlated against certain risk factors that exist.” pic.twitter.com/bC0zKqF3xB— Cointelegraph (@Cointelegraph) March 19, 2025The BlackRock executive said the market is “not particularly well calibrated” to Bitcoin, and many still view it as a risk-on asset.Risk-on assets, such as stocks, commodities and high-yield bonds, tend to suffer during times of economic crises, but Mitchnick said in September that he believed the asset was mislabeled. “But that’s where the opportunity comes in for education in a market and asset class that’s still very nascent.”Mitchnick said BlackRock has been helping some of its clients see through some of these conflicting narratives.He added that some of BlackRock’s more “sophisticated long-term Bitcoin accumulator” clients see the market correction as a buying opportunity and aren’t bothered by the current economic headwinds.Meanwhile, researchers from cryptocurrency exchange Coinbase were less bullish, saying crypto’s positive outlook for the first quarter had “clearly been misplaced” by recession fears and the recent tariffs imposed.“Fears of a dramatic US economic slowdown or even recession have caused sentiment to turn sharply,” Coinbase Institutional said in its monthly outlook report on March 17.Related: Crypto market’s biggest risks in 2025: US recession, circular crypto economyBlackRock has played a key role in the institutional and wealth advisory adoption of Bitcoin through its iShares Bitcoin Trust ETF — which holds the most net assets of any Bitcoin investment product at $48.7 billion.Mitchnick isn’t worried about the mass net outflows across most spot Bitcoin exchange-traded funds of late — pointing out that it has mostly come from hedge funds’ unwinding of the spot futures arbitrage trade, not the long-term buy-and-hold investors.Bitcoin is currently trading at $86,000, up 3.8% over the last 24 hours.Magazine: Meet lawyer Max Burwick — ‘The ambulance chaser of crypto’

FOMO: 88%

cointelegraph.com Mar 20, 2025 04:41

Leveraged bets on FOMC meeting ‘guaranteed recipe to lose money’ — Trader - A crypto trader warns that going heavy on leverage before the monthly United States interest rate decision is a surefire way to lose money in crypto trading. After the Federal Reserve’s statement confirmed the US central bank intends to leave interest rates unchanged in its target range between 4.25% to 4.5%, Bitcoin’s price barely moved, as the market had already widely expected no change in the interest rate. However, after Fed chair Jerome Powell said the probability of a recession is “not high,” despite independent economists raising the odds of one, the overall crypto market saw an upswing, leaving traders betting on the downside caught off guard. “A guaranteed recipe to lose money,” MN Trading Capital founder Michael van de Poppe said in a March 19 X post. CoinGlass data, which tracks a 12-hour window, shows $188.77 million was liquidated from the crypto market, with $127.80 million of that being short positions.Approximately $257.03 million in short positions have been liquidated over the past 24 hours. Source: CoinGlassBitcoin (BTC) surged 3.84% in six hours after Powell’s speech to hit $87,427 before pulling back to $85,760 by publication. Ether (ETH) climbed 2.27% in the same period, while XRP (XRP) gained 2.40%, adding to its 7.50% rally leading into the interest rate announcement, according to CoinMarketCap data.“The initial statement isn’t as important. The words from J. Powell are,” van de Poppe said, adding, “That’s what likely defines Bitcoin price action for the coming period.” Bitcoin is up 3.49% over the past 24 hours. Source: CoinMarketCapRelated: Bitcoin risks new death cross as BTC price tackles $84K resistanceCrypto analyst says the Bitcoin rally will not continue in the near termCrypto trading account BitcoinHyper said, “FOMC meeting made Bitcoin pump directly into the big liquidation level.” “Even if BTC goes higher, this is not a good level to look for new long positions,” the trading account said.Matt Mena, crypto research strategist at 21Shares, made a similar forecast, saying that while the US Federal Reserve’s “dovish shift” on interest rates could give Bitcoin a short-term boost, it may not be sustainable.“Bitcoin is likely to remain in consolidation mode until a clear catalyst emerges,” Mena said. “Looking further ahead, the broader macro environment remains supportive of a bullish case for BTC,” Mena said in a statement viewed by Cointelegraph.According to Powell, the median forecast from FOMC members is that interest rates will be at 3.9% at the end of 2025 and 3.4% at the end of 2026.Magazine: Classic Sega, Atari and Nintendo games get crypto makeovers: Web3 GamerThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%

coinpedia.org Mar 20, 2025 04:36

Bitnomial Drops SEC Case After Ripple Win, Set to Launch XRP Futures - . The SEC, which initially filed the lawsuit in December 2020 over claims that Ripples XRP was an unregistered security, has now dropped its appeal, marking a major shift in …

XRP

FOMO: 90%

coincu.com Mar 20, 2025 03:58

Arthur Hayes Predicts Bitcoin Bull Market Amid Fed Policy Debate - Arthur Hayes suggests changes in Fed policy could drive Bitcoin to $77,000. Current market dynamics analyzed.

BTC

FOMO: 85%

coinpedia.org Mar 20, 2025 03:17

Ripple vs SEC Ends: XRP to Be Part of U.S. Digital Asset Stockpile, ETFs Launching Later This Year - The post Ripple vs SEC Ends: XRP to Be Part of U.S.. XRP, the digital currency tied to Ripple, has found itself at the center of this conversation, with Ripple CEO Brad Garlinghouse offering details …

XRP

FOMO: 85%

coincu.com Mar 20, 2025 02:59

President Trump to Announce Crypto Policy at Digital Asset Summit - President Trump will address the Digital Asset Summit, revealing new U.S. crypto policies and announcing a strategic Bitcoin reserve.

BTC

FOMO: 90%

newsbtc.com Mar 20, 2025 02:30

Bitcoin Long-Term Holder Net Position Turns Green For The First Time In 2025 - Bitcoins long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the BTC: Long-term holder net position change...

BTC

FOMO: 90%

decrypt.co Mar 20, 2025 02:26

Bitcoin Surges Amid Eased Financial Conditions, Analyst Predicts All-Time High in Q2 - Bitcoin has rallied as the Fed eases balance sheet reduction, fueling risk appetite amid shifting global liquidity conditions.

BTC

FOMO: 90%

feeds2.benzinga.com Mar 20, 2025 02:03

Bitcoin, Ethereum, Dogecoin Rally On Jerome Powell\s Dovish Signals: Analyst Says \Lead Weight Has Been Lifted\ As Ripple-SEC Case Concludes - Leading cryptocurrencies ushered in a strong rally Wednesday after Ripple Labs announced victory in the SEC lawsuit and dovish signals from Federal Reserve Chair Jerome Powell. read more

BTC

FOMO: 90%

beincrypto.com Mar 20, 2025 01:00

Hyperliquid (HYPE) Surges 15% as Indicators Signal Further Gains - Hyperliquid (HYPE) is showing strong technical signals across multiple indicators, with the token surging more than 15% in the last 24 hours. The platform continues to demonstrate impressive market performance, generating $47 million in fees over the past 30 days and outperforming major...

ETH

FOMO: 85%

ambcrypto.com Mar 20, 2025 02:00

Ethereum whales dive in as ETH tests critical level – Whats next? - ETH is accumulating bullish momentum after testing a key demand zone.

ETH

FOMO: 85%

news.bitcoin.com Mar 20, 2025 01:30

Ripple Declares Victory as SEC Retreats—CEO Discusses Next Steps, Cross-Appeal - With the SEC dropping its appeal, Ripple’s CEO outlined the company’s next steps, shifting from defense to offense in a major victory for the crypto industry. Ripple Spent $150M Fighting SEC: ‘We Still Have a Cross-Appeal Pending’ Ripple CEO Brad Garlinghouse outlined the company’s next steps after the U.S. Securities and Exchange Commission (SEC) decided […]

FOMO: 90%

fxstreet.com Mar 20, 2025 00:04

Bitcoin whale demand surges by $13B over three days - Bitcoin (BTC) broke above key support levels after the US Fed announced a rate pause, aligning with market expectations.

BTC

FOMO: 85%

news.bitcoin.com Mar 20, 2025 00:50

Bitcoin Hits Intraday High of $87,470 Amid Fed Meeting, Political Support - Bitcoin reached an intraday high of $87,470 at 8 p.m. ET on Wednesday, March 19, 2025, amid heightened market optimism driven by political, regulatory, and macroeconomic factors. Bitcoin Bulls Return The leading cryptocurrency briefly touched the milestone during a volatile trading session, with real-time data showing bitcoin hovering around $87,357 at 8:08 p.m. EDT, with […]

FOMO: 90%

beincrypto.com Mar 19, 2025 23:30

Can XRP Reach a New All-Time High As the Ripple Lawsuit is Over? - XRP is rallying after the SEC officially dropped its lawsuit against Ripple, triggering a 13% price surge in the past 24 hours. Strong technical signals and growing market participation are supporting the bullish momentum. XRPs network activity is also hitting record levels, with active...

XRP

FOMO: 90%