Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AI-driven tech stocks.
- Bitcoin has held steady above $63,000 and is up about 6% for the month even as AI-linked tech and semiconductor stocks have slumped.
- Traders are split ahead of Wednesday’s Federal Reserve decision, with markets pricing roughly a 30 percent chance of a rate hike.
- Analysts say bitcoin’s correlation with equities has weakened, suggesting this week’s Fed meeting may have a smaller impact on the cryptocurrency than on traditional risk assets.
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- 4 Crypto job postings triple to over 1,200 in September, but applications fall 1 day ago
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- 8 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Crypto poured years into new products. The next challenge is keeping users
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Original sourceCoinDesk
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