Last update: Mar 28, 2025 11:16
Timezone: UTC
Get real-time FOMO alerts on our Telegram Channel
Sort by: Time FOMO Score Direction
Filter: All Bullish FOMO Bearish FOMO
cointelegraph.com Mar 20, 2025 10:41

Why is the crypto market up today? - The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion on March 20. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 4%, respectively.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Risk-on sentiment pushed the crypto market upThe crypto market rebound mirrors gains in US equities following the Fed’s decision to leave interest rates unchanged.The S&P 500 and the Nasdaq rose by 1.08% and 1.4%, during the late New York trading session on March 19. Crypto-related stocks also climbed higher, with crypto exchange Coinbase (COIN) rising by 4.75% and Strategy (MSTR) gaining nearly 7.4%.BREAKING: The S&P 500 adds +$500 billion of market cap today as the Fed extends their rate cut pause for the 2nd straight meeting. pic.twitter.com/948U2U7gKe— The Kobeissi Letter (@KobeissiLetter) March 19, 2025The US Dollar Index (DXY) remains at its lowest levels since early November and is down more than 6.04% from its Jan. 13 peak of 110.17. This comes after the Federal Open Market Committee (FOMC) meeting, which saw the US central bank leave interest rates unchanged at 4.25%-4.50%, meeting market expectations.The committee now projects two rate cuts by the end of the year.The latest data from CME Group’s FedWatch Tool sees 16% odds of a 0.25% cut in May with the odds increasing to 60.1% in June.Fed target rate probabilities for June 18 FOMC meeting. Source: CME GroupWith traders now pricing in a higher likelihood of rate cuts, risk assets, such as cryptocurrencies, have seen renewed interest from traders.Pro-crypto policy expectationsAdding to the market’s upward momentum is speculation that the US government was preparing an update to its cryptocurrency policy.Key takeaways:US President Donald Trump is expected to speak at Blockworks’ Digital Asset Summit (DAS) in New York City on March 20.BREAKING: President Trump will address DAS tomorrow This is the first time a sitting President has addressed a crypto conference. pic.twitter.com/x3gnGP0yAN— Blockworks (@Blockworks_) March 19, 2025There are speculations that Trump will make major updates to his administration’s crypto policies.“This would be his first major update since March 6, when the national crypto reserve was established,” capital markets commentator The Kobeissi Letter said in a March 19 post on X, adding:“Rumors state President Trump may be making a significant change to his strategy.”Trump’s recent comments about establishing a Strategic Bitcoin Reserve and his pro-crypto stance have sparked excitement among investors. Following his election, Bitcoin ETF inflows hit a record $3.4 billion per week, and Bitcoin breached the $100,000 level before setting a new all-time high above $109,000. This reflects institutional enthusiasm for a potentially crypto-friendly regulatory environment.Combined with the Fed’s dovish stance, this optimism has resulted in BTC price rebounding above $85,000.According to  BitMEX co-founder Arthur Hayes, “QT is basically over on April 1,” highlighting that markets should now focus on potential SLR exemption or restart of QE. Hayes believes $77,000 was the likely bottom for Bitcoin.JAYPOW delivered, QT basically over Apr 1. The next thing we need to get bulled up for realz is either SLR exemption and or a restart of QE. Was $BTC $77k the bottom, prob. But stonks prob have more pain left to fully convert Jay to team Trump so stay nimble and cashed up.— Arthur Hayes (@CryptoHayes) March 20, 2025Related: US recession would be a big catalyst for Bitcoin: BlackRockCrypto market technical reboundChart technicals show that the crypto market’s gains today are part of a rebound that started after the price dropped to a multimonth low of $2.44 trillion on March 11.TOTAL crypto market cap daily candle chart. Source: Cointelegraph/TradingViewThe total market cap, currently at $2.77 trillion, seeks to break above the resistance zone between $2.8 trillion and $3 trillion, where both the 200-day and 50-day SMAs sit.If this happens, it would signal a bullish breakout from the current downtrend, with bulls targeting all-time highs around $3.20 trillion, i.e., the 100-day SMA.Meanwhile, the daily RSI has jumped from near oversold conditions at 31 on March 11 to the 47, suggesting the bullish momentum is picking up.This 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: 90%
@BTC_Archive Mar 20, 2025 08:57

gm:) $86,000 Bitcoin

FOMO: 90%
cointelegraph.com Mar 20, 2025 08:57

Coinbase becomes Ethereums largest node operator with 11% stake - A Coinbase report revealed that the crypto exchange is Ethereums biggest node operator, having 11.42% of the total staked Ether within the blockchain network. In a performance report, Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH. Anthony Sassano, host of The Daily Gwei, said that Coinbases stake makes the exchange the “single largest node operator” in the network. Sassano added that while the staking platform Lido is bigger as a collective, each node operator has a much smaller percentage share. Source: Anthony SassanoRelated: 83% of institutions plan to up crypto allocations in 2025: CoinbaseCoinbase validator uptime and participation rate at 99.75%Coinbase also shared that it exceeded its target for validator uptime, which indicates the percentage of time when validators are operational. It also had a similar figure for its participation rate, a metric that indicates how well validators perform their consensus duties.Coinbase also reported that its validators had an average uptime of 99.75%. Coinbase said they outperformed their target of 99% uptime without compromising security standards. The exchange attributed the performance to an upgrade implemented in 2024, which allowed the exchange to keep validators running while performing beacon node maintenance. Meanwhile, Coinbase validators’ participation rate is also at 99.75%. This exceeds the network average of 99.52%. In addition, the Coinbase average for signing and submitting blocks produced by their MEV relays is 99.76%, higher than the network average of 99.38%. While Coinbase operates a centralized exchange platform, the company said it distributes its validators across several regions to help maintain a truly distributed and decentralized Ethereum blockchain. The exchange said its validators operate in Japan, Singapore, Ireland, Germany and Hong Kong. Coinbase validator average performance versus Ethereum network averages. Source: CoinbaseEther surges above $2k on March 20Coinbase’s recent report was followed by a surge in ETH prices as ETH accumulation addresses started stockpiling significantly. 7-day ETH price chart. Source: CoinGeckoOn March 2, Ether hit a weekly high of $2,060.73, surging by 12.3% in seven days. On March 19, the asset’s daily trading volume reached $17.4 billion as its price surpassed $2,000. The surge comes as ETH price sentiments turned bearish. On March 11, Yuga Labs’ vice president of blockchain suggested that ETH could drop as low as $200 in a prolonged bear market. Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

FOMO: 85%