Red Day in Crypto: Market Cools Before Fed Verdict, Institutions Keep Accumulating
Bitcoin dips, altcoins wobble, and institutions quietly reload.
The crypto market opened the day in the red as traders across the world awaited clarity from the U.S. Federal Reserve. With a major rate-cut decision expected this week, investors paused risk-on positioning, causing both Bitcoin and Ethereum to slide slightly from recent highs.
Market Overview: A Red Start to the Day
Today saw a broad market pullback with nearly 86 of the top 100 cryptocurrencies trading lower.
-
Bitcoin (BTC): ~$90.4K–$90.9K, down ~1%
-
Ethereum (ETH): ~$3,110–$3,130, also slightly down
This cooling reflects a typical “wait and see” approach as traders reduce exposure before major macro announcements. Still, both BTC and ETH remain within strong long-term bullish structures.
Regulation & Institutional Moves: Quiet but Important Shifts
While prices dipped, the regulatory and institutional landscape delivered strong signals.
CFTC Approves BTC, ETH & USDC as Derivatives Collateral
A major milestone: the U.S. CFTC now allows Bitcoin, Ethereum, and USDC to be used as collateral in derivatives markets.
This move deepens crypto’s integration into the traditional financial world and gives institutions more flexible ways to operate.
SGX: Crypto Futures Gaining Liquidity
The Singapore Exchange (SGX) reported rising participation in their regulated BTC and ETH futures.
This is another indicator that institutional interest remains strong — even if markets are temporarily volatile.
Bitwise Crypto Index Fund Relisted
Bitwise’s 10 Crypto Index Fund (BITW) officially began trading on NYSE Arca, enabling investors to gain diversified exposure across major cryptos via one regulated product.
Whales Are Buying: Nearly $1 Billion in BTC Accumulated
While the market hesitates, whales are loading up.
Michael Saylor’s firm Strategy acquired nearly 10,624 BTC (~$1B) between December 1–7.
This continued accumulation suggests major players view current price levels as an opportunity — not a threat.
Historically, heavy whale buying during macro uncertainty has foreshadowed strong long-term performance.
Altcoins: Mostly Red, But ZEC Stands Out
Most altcoins saw declines, mirroring the broader market.
However, Zcash (ZEC) gained attention as demand for privacy-focused projects ticked up.
Analysts believe that if BTC and ETH remain range-bound, traders may rotate into high-potential altcoins over the next week.

0 Response to "Red Day in Crypto: Market Cools Before Fed Verdict, Institutions Keep Accumulating"
Post a Comment