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I see that BTC, ETH, and SOL have been rising recently while traders focus on what the Fed will do next. The Big 7 tech stocks have a significant influence on sentiment right now, and the weakening of the USD is also helping the crypto rally.
It's interesting that the price action is narrow for a few hours because everyone is waiting for economic data and Fed signals. When earnings numbers come out and we see how the markets react, we might observe bigger moves.
Just a fun fact: CoinDesk, the media outlet covering the crypto space, has a track record of award-winning coverage, especially on major industry stories. So their updates are usually reliable for market intelligence. Anyway, thanks to everyone who shared market insights today. What are your thoughts on this momentum?