Bitcoin cools ahead of Fed decision, but HYPE, AAVE, RNDR, and FET flash bullish signals!
The post Bitcoin cools ahead of Fed decision, but HYPE, AAVE, RNDR, and FET flash bullish signals! appeared on BitcoinEthereumNews.com. Bitcoin is consolidating ahead of the Fed’s decision, with tightening liquidity keeping BTC range-bound Selective altcoins have been flashing strength, hinting at a potential capital rotation Bitcoin’s [BTC] taking a breather ahead of the upcoming Fed decision. With liquidity tightening, BTC may be waiting for the next directional move right now. However, while BTC appeared to be cooling off, some altcoins heated up. Hyperliquid [HYPE], Aave [AAVE], Render [RNDR], and Artificial Superintelligence Alliance [FET] have been breaking ranks lately. Here, what’s interesting is that all four assets share key features that could help gauge investor sentiment. Of the four coins, RNDR and FET are AI-driven protocols. Hence, they could be leveraging the growing trend of decentralized artificial intelligence. Meanwhile, AAVE and HYPE are entrenched in the DeFi space, with liquidity provisioning at their core. Together, they reflect a strategic rotation into high-yield, volatility-resistant assets as BTC cools off. Bitcoin investors rotate into future-forward narratives With the FOMC looming, savvy investors aren’t just sitting tight with their BTC bags. Instead, they’re diversifying. And, it’s not just macro jitters causing this shuffle. Internally, Bitcoin Dominance (BTC.D) just tapped a four-year high near 65%. However, it is now facing potential resistance – Indicative of a local top. Source: TradingView (BTC.D) The tactical shift is evident – Capital is rotating where Bitcoin’s mood swings won’t wreck the portfolio. Meanwhile, the ETH/BTC pair is continuing to exhibit low volatility compression on the weekly timeframe. In other words, it reflected a clear lack of conviction in high-cap altcoin rotations, even with favorable historical setups in play. As a result, “next-generation” Web3 narratives have been stealing the spotlight and liquidity flow. From blue chips to brain chips At press time, the AI sector accounted for 1.05% of the total crypto market capitalization, with the same pegged at…
The post Bitcoin cools ahead of Fed decision, but HYPE, AAVE, RNDR, and FET flash bullish signals! appeared on BitcoinEthereumNews.com.
Bitcoin is consolidating ahead of the Fed’s decision, with tightening liquidity keeping BTC range-bound Selective altcoins have been flashing strength, hinting at a potential capital rotation Bitcoin’s [BTC] taking a breather ahead of the upcoming Fed decision. With liquidity tightening, BTC may be waiting for the next directional move right now. However, while BTC appeared to be cooling off, some altcoins heated up. Hyperliquid [HYPE], Aave [AAVE], Render [RNDR], and Artificial Superintelligence Alliance [FET] have been breaking ranks lately. Here, what’s interesting is that all four assets share key features that could help gauge investor sentiment. Of the four coins, RNDR and FET are AI-driven protocols. Hence, they could be leveraging the growing trend of decentralized artificial intelligence. Meanwhile, AAVE and HYPE are entrenched in the DeFi space, with liquidity provisioning at their core. Together, they reflect a strategic rotation into high-yield, volatility-resistant assets as BTC cools off. Bitcoin investors rotate into future-forward narratives With the FOMC looming, savvy investors aren’t just sitting tight with their BTC bags. Instead, they’re diversifying. And, it’s not just macro jitters causing this shuffle. Internally, Bitcoin Dominance (BTC.D) just tapped a four-year high near 65%. However, it is now facing potential resistance – Indicative of a local top. Source: TradingView (BTC.D) The tactical shift is evident – Capital is rotating where Bitcoin’s mood swings won’t wreck the portfolio. Meanwhile, the ETH/BTC pair is continuing to exhibit low volatility compression on the weekly timeframe. In other words, it reflected a clear lack of conviction in high-cap altcoin rotations, even with favorable historical setups in play. As a result, “next-generation” Web3 narratives have been stealing the spotlight and liquidity flow. From blue chips to brain chips At press time, the AI sector accounted for 1.05% of the total crypto market capitalization, with the same pegged at…
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