Crypto Market Sheds $730 Billion in 100 Days as Altcoins Lead Declines

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The crypto market lost over $730 billion in value over the past 100 days. Altcoins suffered the steepest decline, with mid- and small-cap tokens hit hardest. Continue Reading: Crypto Market Sheds $730 Billion in 100 Days as Altcoins Lead Declines The post Crypto Market Sheds $730 Billion in 100 Days as Altcoins Lead Declines appeared first on COINTURK NEWS .

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USD Analysis: Critical PCE and GDP Data Reveal Shocking Fed Policy Signals for 2025

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BitcoinWorld USD Analysis: Critical PCE and GDP Data Reveal Shocking Fed Policy Signals for 2025 NEW YORK, March 2025 – Financial markets face a pivotal moment as TD Securities analysts highlight two critical economic reports that will determine the U.S. dollar’s trajectory through 2025. The Personal Consumption Expenditures (PCE) price index and Gross Domestic Product (GDP) data, scheduled for release this week, carry profound implications for Federal Reserve policy decisions and global currency valuations. Market participants worldwide now focus intently on these indicators, knowing they could trigger significant USD volatility across forex markets. USD Analysis: Understanding the Dual Data Focus TD Securities’ research team emphasizes the interconnected nature of PCE and GDP data for comprehensive USD analysis. The Personal Consumption Expenditures price index represents the Federal Reserve’s preferred inflation gauge, while Gross Domestic Product measures overall economic growth. Together, these metrics provide a complete picture of economic health that directly influences monetary policy decisions. Consequently, forex traders and institutional investors monitor both datasets simultaneously to anticipate Federal Reserve actions. Recent market movements demonstrate heightened sensitivity to inflation signals. For instance, the USD index fluctuated significantly following last month’s Consumer Price Index (CPI) report. However, Federal Reserve officials consistently emphasize their reliance on PCE data rather than CPI when making policy decisions. This distinction makes the upcoming PCE release particularly consequential for currency markets. Meanwhile, GDP figures will reveal whether economic growth supports continued monetary tightening or suggests potential headwinds. PCE Inflation: The Fed’s Preferred Metric Explained The Personal Consumption Expenditures price index differs fundamentally from the more commonly cited Consumer Price Index. The Bureau of Economic Analysis calculates PCE using a different methodology that accounts for consumer substitution between goods. This approach typically results in slightly lower inflation readings than CPI. More importantly, the Federal Reserve explicitly targets 2% annual PCE inflation as its primary policy objective. Therefore, PCE data directly influences interest rate decisions that impact USD valuation. Historical Context and Current Projections Over the past decade, PCE inflation has averaged approximately 1.8%, slightly below the Fed’s target. However, post-pandemic economic conditions pushed the metric above 7% in 2022 before moderating. Current analyst projections suggest core PCE (excluding food and energy) will register between 2.3% and 2.6% for the latest reporting period. Any deviation from these expectations could trigger substantial USD movements. For example, a reading above 2.6% might strengthen the dollar as markets anticipate more aggressive Fed tightening, while a figure below 2.3% could weaken the currency on expectations of delayed rate hikes. The following table illustrates recent PCE trends and their USD impact: Quarter Core PCE USD Index Reaction Fed Response Q4 2024 2.4% +0.8% Hawkish statement Q3 2024 2.7% +1.2% Rate hike implemented Q2 2024 2.1% -0.5% Pause maintained GDP Data: Economic Growth Signals and USD Implications Gross Domestic Product represents the total monetary value of all finished goods and services produced within a country’s borders. For USD analysis, GDP growth rates provide crucial context for inflation data. Strong economic expansion typically supports currency strength, but excessive growth can fuel inflationary pressures that prompt tighter monetary policy. Conversely, weak GDP figures may signal economic vulnerabilities that limit the Federal Reserve’s ability to combat inflation through rate increases. The Bureau of Economic Analysis will release its advance estimate for first-quarter 2025 GDP alongside the PCE data. Economists currently project annualized growth between 1.8% and 2.2%, representing moderate expansion following 2024’s 2.4% full-year growth. Several key components warrant particular attention: Consumer Spending: Comprising approximately 70% of U.S. GDP, this component directly reflects household economic confidence and purchasing power. Business Investment: Capital expenditure signals corporate optimism about future economic conditions. Government Spending: Federal and state expenditures contribute to overall economic activity. Net Exports: The trade balance affects USD demand through currency exchange requirements. Interpreting the GDP-PCE Relationship TD Securities analysts emphasize interpreting both datasets together rather than in isolation. For instance, strong GDP growth coupled with elevated PCE inflation would likely prompt aggressive Federal Reserve action, potentially strengthening the USD significantly. Alternatively, robust GDP expansion with moderating PCE might support a more gradual policy approach. The most challenging scenario involves stagnant growth with persistent inflation – often called stagflation – which could create conflicting pressures on USD valuation. Historical analysis reveals distinct patterns in how these indicators interact. During the 2015-2018 tightening cycle, consistent GDP growth above 2.5% allowed the Federal Reserve to raise rates despite PCE inflation remaining below target. This policy normalization strengthened the USD index by approximately 15% over three years. Currently, markets face different conditions with inflation above target but growth moderating from post-pandemic peaks. Federal Reserve Policy: The Transmission Mechanism to USD The Federal Reserve’s dual mandate requires balancing maximum employment with price stability. PCE data directly addresses the price stability component, while GDP growth correlates with employment conditions. When both indicators suggest overheating, the Fed typically implements tighter monetary policy through: Federal Funds Rate Increases: Higher interest rates make USD-denominated assets more attractive to global investors. Balance Sheet Reduction: Quantitative tightening reduces dollar liquidity in financial markets. Forward Guidance: Policy statements influence market expectations and currency valuations. Current Fed Chair Jerome Powell has emphasized data-dependent decision-making throughout 2024 and into 2025. This approach means each PCE and GDP release carries immediate policy implications. Market participants now parse every decimal point in economic reports, knowing that even minor deviations from expectations could alter the projected path of interest rates. Consequently, USD volatility frequently spikes around these data releases as traders reposition based on new information. Global Context and Comparative Analysis USD analysis requires considering international economic conditions alongside domestic data. The European Central Bank, Bank of Japan, and Bank of England also face inflation challenges with varying economic growth profiles. Relative monetary policy trajectories significantly influence currency pair valuations. For example, if the Federal Reserve maintains tighter policy than other major central banks, interest rate differentials typically support USD strength against those currencies. Recent months have shown diverging approaches among global central banks. While the Fed has signaled willingness to maintain elevated rates, the ECB has hinted at earlier easing, and the BOJ continues its ultra-accommodative stance. These policy differences create opportunities for currency traders but also increase the importance of accurate USD analysis based on reliable PCE and GDP data. Market Implications and Trading Considerations Forex markets exhibit predictable patterns around major economic releases. Typically, volatility increases in the hours preceding the data as traders reduce positions to manage risk. Following the release, rapid price movements occur as markets digest the information and adjust expectations. Successful USD trading around these events requires understanding both the data itself and market positioning. Several technical factors influence how PCE and GDP data affect currency markets: Options Positioning: Large options expiries can amplify or dampen price movements. Liquidity Conditions: Thin trading periods may exacerbate volatility. Correlation Breakdowns: Traditional relationships between assets sometimes weaken during major events. Algorithmic Trading: Automated systems respond to data releases within milliseconds. Risk management becomes particularly crucial around these high-impact events. Many institutional traders employ strategies that limit exposure during release windows or use options to define maximum risk. Retail traders should similarly consider position sizing and stop-loss placement when trading USD pairs around PCE and GDP announcements. Conclusion TD Securities correctly identifies PCE and GDP data as critical inputs for comprehensive USD analysis. These interconnected indicators provide essential insights into inflation trends and economic growth that directly inform Federal Reserve policy decisions. As markets navigate uncertain economic conditions in 2025, accurate interpretation of these reports will separate successful currency strategies from reactive trading. The upcoming data releases will likely establish the USD’s directional bias for the coming quarter, making them essential viewing for all market participants engaged in USD analysis across global forex markets. FAQs Q1: Why does the Federal Reserve prefer PCE over CPI for inflation measurement? The Fed considers PCE a more comprehensive inflation gauge because it accounts for consumer substitution between goods and covers a broader range of expenditures. Additionally, PCE uses a chain-weighting methodology that better reflects changing consumption patterns over time. Q2: How quickly do markets typically react to PCE and GDP data releases? Currency markets react within seconds of major data releases, with the most significant movements often occurring in the first minute. However, full price discovery may take several hours as analysts interpret nuances and consider implications for future data. Q3: What represents a significant deviation from PCE expectations that would move markets? For core PCE, deviations of 0.2 percentage points or more from consensus forecasts typically trigger substantial market reactions. However, the context matters – a 0.2% miss during stable periods may have greater impact than the same deviation during highly volatile periods. Q4: How does GDP data influence USD differently than PCE data? GDP primarily affects USD through growth expectations and their implications for future interest rates, while PCE directly impacts current inflation assessments and immediate policy expectations. Strong GDP with moderate PCE typically supports gradual USD appreciation, while weak GDP with high PCE creates conflicting pressures. Q5: What other economic indicators should traders monitor alongside PCE and GDP? Employment data (especially wage growth), consumer confidence surveys, manufacturing PMIs, and housing market indicators provide additional context for USD analysis. The Federal Reserve also closely monitors these secondary indicators when making policy decisions. This post USD Analysis: Critical PCE and GDP Data Reveal Shocking Fed Policy Signals for 2025 first appeared on BitcoinWorld .

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Russia's tax agency files bankruptcy process for BitRiver subsidiary

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Russia’s tax authority is now applying for the bankruptcy of a BitRiver subsidiary responsible for a massive and unsuccessful project believed to have led to the downfall of the troubled mining giant. The bankruptcy proceedings have been initiated in the Republic of Buryatia, which is hosting a 100 MW data center built by the company, but it has never been powered on amid restrictions on mining and growing debt. BitRiver company faces bankruptcy procedures in Buryatia The Federal Tax Service of Russia, FNS, has filed a bankruptcy petition against the BitRiver-B entity, part of the crypto mining group BitRiver, in the Arbitration Court of the Republic of Buryatia, media reports unveiled. A failed multimillion-dollar investment of the mining behemoth in the region is at the heart of the case. Some say it is the mistake that led to the company’s financial strains and subsequent problems with the state, including the recent arrest of its CEO. According to the regional news outlet “Number One,” which first spotted the court filing , the project to construct the 100 MW data processing center (DPC) in the Mukhorshibirsky District of the Far Eastern territory was first announced in 2020. The local subsidiary, incorporated in the rural administrative center Mukhorshibir with a registered capital of 100,000 rubles, was established to implement the ambitious project, initiated by BitRiver founder and chief executive Igor Runets himself. Construction began in 2022, with a planned launch in the second half of 2024 that never materialized. By February 2024, BitRiver had invested 1.4 billion rubles (over $18 million) in the facility, according to the business news portal RBC. The site was intended to house powerful equipment for big data processing, digital currency mining, and cloud computing, and was supposed to create 100 jobs in the area. However, the project’s realization coincided with expanding restrictions on coin minting in this part of Siberia. In the spring of 2025, the DPC was reportedly ready to commence operations but as a facility repurposed to serve the needs of artificial intelligence (AI) applications. In January of 2026, Russian authorities imposed a full ban on Bitcoin mining in Buryatia for the next five years. Failed mining project blamed for BitRiver’s troubles Sources familiar with these developments claim the failure of the data center project in Buryatia dealt a major blow to the Russian mining giant. Quoted by RBC, they said the group could never recover and was eventually forced to halt mining operations at other places as well. That happened amid mass employee departures and mounting lawsuits filed by contractors and energy suppliers against its entities. BitRiver was established in 2017 and has since become Russia’s largest operator of crypto mining farms and the country’s leading importer of mining hardware. Founder Igor Runets was accused of tax evasion at the end of January, detained and placed under house arrest. One of the demands of Russian prosecutors was that his firms pay due salaries. Russian media reports in the following weeks detailed a tax-dodging scheme allegedly implemented by mining enterprises in the country. Commenting on the BitRiver case, the chairman of the parliamentary Energy Committee, Nikolai Shulginov, accused Russian miners of hiding crypto-related income by officially using the same equipment to provide other services that need computing devices. Russia legalized the minting of digital coins in 2024, requiring those engaged in the activity to register with the FNS and pay due taxes. However, only a third of known mining businesses have done that so far, according to government estimates. BitRiver’s revenue for that year exceeded 10 billion rubles (about $130 million), helping the group top Russian rankings of mining companies in 2025, ahead of Intelion Data, which recently secured Russia’s first loan using cryptocurrency as collateral. If you're reading this, you’re already ahead. Stay there with our newsletter .

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SPX6900 price prediction 2026-2032: Will SPX6900 soar 10x or crash?

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Key takeaways : SPX6900 price prediction suggests that the coin’s price can reach $0.477844 by the end of 2026. By 2028, SPX may achieve a peak price of $1.01 and an average trading price of $0.929142. In 2032, the target price for SPX is between $1.91 and $2.07, with an average price of $1.99. SPX6900 (SPX) functions primarily on the Ethereum network. The token was created as a meme to entertain wider audiences. It has no real connection with stock market, equities, or securities. The meme coin generates interest through spot trading, market speculation, or perpetual and leveraged trading on different decentralized exchanges; the latter is not recommended for non-professionals due to its high risk and highly volatile nature. SPX6900 is traded on different centralized and decentralized cryptocurrency exchanges. The most popular centralized exchange for trading SPX tokens is Bybit, which has the highest trading volume for this meme coin. SPX6900 (SPX) can be stored in various wallets, including Trust Wallet, Bitget Wallet, and hardware wallets like Ledger. It can also be stored on a centralized exchange like KuCoin and another option could be Kraken, providing easy access to the coin. Early users attest to its credibility and remarkable price performance; however, the meme token still holds the interest of many investors with a daily trading volume in millions and a current circulating supply of 930.99 million SPX, which is also its total supply, although its max supply will be 1 billion tokens. Starting as a non-serious venture, the coin established itself as one of the most high-ranking coins of the year 2024. It was initiated as a useless token but ultimately ended up earning profits in the millions. For example, over a month, SPX earned up to a 9000% return following its ascent through September 2024. What’s next for the meme token in 2026 and beyond? Let’s get into the SPX6900 price prediction and technical analysis. Overview Cryptocurrency SPX6900 Token SPX Price $0.331 (+0.48%) Market Cap $308.69M Trading Volume (24-hour) $12.93M Circulating Supply 930.99M SPX All-time High $2.28 (July 28, 2025) All-time Low $0.000002634 (August 16, 2023) 24-hour High $0.3329 24-hour Low $0.3132 SPX6900 price prediction: Technical analysis Metric Value Price Prediction $0.2448 (-25.31%) Price Volatility 14.04% 50-Day SMA $0.4289 200-Day SMA $0.9245 Market Sentiment Bearish Fear & Greed Index 9 (Extreme Fear) Green Days 13/30 (43%) SPX6900 price analysis SPX6900 price analysis confirmed an uptrend, with the price increasing to $0.331. Cryptocurrency has gained 0.48% of its value. SPX coin has support around $0.297. On February 20, 2026, SPX6900 price analysis revealed an upward trend. The coin’s price increased to $0.331 today. Over the last 24 hours, the altcoin gained 0.48% in value, as bullish momentum took hold today. Today’s recovery is still on the lower side, and the coin faces resistance near the $0.342 level. SPX6900/USD analysis on the 24-hour timeframe The one-day price chart of the SPX6900 coin confirmed a bullish trend in the market. The SPX/USD price increased to $0.331 in the past 24 hours after getting support from the buyers’ side. The buying activities initiated today may bring further gains, as a new green candlestick on the price chart signifies buying interest. SPX6900/USD 1-day price chart. Source: TradingView The distance between the Bollinger Bands defines the intensity of volatility. This distance is comparatively wide, leading to high volatility for today. Moreover, the upper limit of the Bollinger Bands indicator, indicating resistance, has shifted to $0.353. The lower limit of the Bollinger Bands indicator, which serves as the support, has shifted to $0.260. The Relative Strength Index (RSI) indicator is trending in the neutral range. The indicator’s value has increased to index 47. This suggests a returning buying interest on the SPX6900 price chart, but the score is in the middle neutral range. SPX6900 analysis on the 4-hour chart The four-hour price analysis of the SPX6900 coin also confirmed the bullish trend in the market. The SPX/USD value slightly recovered to $0.331 in the past few hours, which hints at the presence of bullish elements in the market. However, the low volatility also signifies relatively higher market predictability. SPX6900/USD 4-hour price chart. Source: TradingView The Bollinger Bands are maintaining a narrow distance, leading to low volatility levels. This low volatility signifies relatively lower chances of a reversal or further price appreciation. Moving ahead, the upper Bollinger Band has shifted to $0.358, indicating the resistance level. Conversely, the lower Bollinger Band has moved to $0.309, indicating support. The RSI indicator is trending within the neutral region for now. Its value has slightly increased to index 51 during the last four hours. If buying activities continue to grow, a further increase in the RSI level is possible, which might take it above the 60 threshold. SPX6900 technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.4540 SELL SMA 5 0.3829 SELL SMA 10 0.3229 BUY SMA 21 0.3077 BUY SMA 50 0.4289 SELL SMA 100 0.5047 SELL SMA 200 0.9245 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.3558 SELL EMA 5 0.4032 SELL EMA 10 0.4615 SELL EMA 21 0.4993 SELL EMA 50 0.5695 SELL EMA 100 0.7129 SELL EMA 200 0.8555 SELL What to expect from SPX6900 price analysis? SPX6900 price analysis gives a bullish prediction regarding the ongoing market events, as the coin price has increased to $0.331 today. If buyers push the price above immediate resistance zones, we might see the SPX6900 price increase to the $0.342 level. Is SPX6900 a good investment? Investing in SPX necessitates an evaluation of the SPX market and its emphasis on adaptability. Despite the earlier price spikes and enormous price gains, investors are advised to exercise caution on account of the market volatility of meme coins. Earnings from SPX require long-term investment decisions, whether holding or trading, but in this dynamic market, risk management is primarily achieved through diversification and keeping abreast of developments. Why is SPX up? SPX’s price is trending near $0.331 today. The balance of power is still towards the buyers; moreover, the token’s market sentiment remains positive today. SPX’s nearest support level is at $0.297. Will SPX6900 reach $1? The SPX token may reach $1 in 2028. With the current price action, this outcome seems quite possible, as the token is trending above $0.2, and its market cap will increase by 669% when it reaches this level. Will SPX reach $2? Per SPX price prediction, it has a chance of reaching $2 by 2032 if positive sentiment prevails, which makes SPX tokens a good purchase option. Will SPX reach $5? To reach $5, SPX’s value along with its market cap will have to increase more than nineteen times. Though not impossible, there are chances of reaching near this level by 2032. Does SPX6900 have a good long-term future? Long-term forecasts suggest a gradual increase in the value of SPX over the next two years. Following this period, projections anticipate sustained upward price movement with a potential resurgence in 2029. By 2032, SPX is expected to trade near $2, solidifying its position as a valuable long-term asset. SPX6900 does not only capitalize on mere entertainment but is also driven by the community surrounding it. Recent news/opinions on SPX6900 Some crypto influencers are bullish on SPX6900, including MustStopMurad, ApeToshi Aeon, and Maddox, a best-selling author and blogger known for “The Best Page in the Universe” and technology-related content. Murad shared a post highlighting the community behind SPX6900’s success, and Maddox later shared a video along the same lines. The most recent and bold claim was also made by MustStopMurad, asserting that “A growing number of Bitcoin Maximalists are closeted SPX6900 supporters.” However, such content should be taken with a pinch of salt. A growing number of Bitcoin Maximalists are closeted SPX6900 supporters. You will understand this soon enough. — Murad 💹🧲 (@MustStopMurad) February 4, 2026 SPX6900 price prediction February 2026 This month, SPX is expected to reach a high of $0.488, with an average price of $0.365 and a minimum trading price of $0.147. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction February 2026 $0.147 $0.365 $0.488 SPX6900 price prediction 2026 The price of SPX is predicted to reach a minimum value of $0.131 in 2026. Traders can anticipate a maximum value of $0.477844 and an average trading price of $0.398204. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction 2026 $0.131 $0.398204 $0.477844 SPX6900 price predictions 2027-2032 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2027 0.584032 0.663673 0.743313 2028 0.849501 0.929142 1.01 2029 1.11 1.19 1.27 2030 1.38 1.46 1.54 2031 1.65 1.73 1.81 2032 1.91 1.99 2.07 SPX6900 price prediction 2027 The year 2027 will experience more bullish momentum. According to the SPX price prediction, it will range between $0.584032 and $0.743313, with an average trading price of $0.663673. SPX6900 price prediction 2028 The SPX price prediction climbs even higher into 2028. According to the projections, the price of SPX will range between $0.849501 and $1.01, with an average of $0.929142. SPX price prediction 2029 According to our SPX price prediction for 2029, we expect a maximum price of $1.27, a minimum price of $1.11, and an average price of $1.19. This makes it a good decision to swap one’s crypto into SPX6900. SPX price prediction 2030 According to the SPX6900 price prediction for 2030, the price of SPX will range from $1.38 to $1.54, with an average price of $1.46. SPX6900 price prediction 2031 The SPX6900 price prediction for 2031 indicates the price will range between $1.65 and $1.81. The average price of SPX will be $1.73. SPX6900 price prediction 2032 The SPX6900 price forecast for 2032 is a high of $2.07. According to the SPX coin price prediction, it will reach a minimum price of $1.91 and average at $1.99. SPX price prediction 2026-2032. Source: Cryptopolitan SPX6900 market price prediction: Analysts’ SPX price forecast Firm Name 2026 2027 DigitalCoinPrice $0.000383 $0.10 CoinCodex $0.5980 $0.3405 Cryptopolitan’s SPX6900 price prediction Our forecast shows that SPX will achieve a high price of $0.477844 near the end of 2026. In 2027, SPX will range between $0.584032 and $0.743313. In 2032, the cryptocurrency will range between $1.91 and $2.07, with an average price of $1.99. It is important to consider that the predictions can change at any time and are not investment advice. It is advised to do your own research and conduct detailed due diligence before investing in the volatile crypto market. SPX6900 historic price sentiment SPX6900 price history SPX6900 was launched in August 2023 by its primary creators with an opening price of $0.003 but remained under the radar for over a year. In October 2023, SPX’s value spiked to $0.023 under bullish control, which was a considerable growth trajectory, but still, it remained far from market attention. December of 2023 saw a low price of $0.008, which was quite low as compared to the price in October as per crypto market historical data. SPX6900 saw a stagnating price movement from January to May 2024, only to rise periodically to $0.015. In September 2024, SPX6900 gained an enormous 5600% from September 12 to October 14, reaching $0.913, resulting in a massive market capitalization. The token made higher spikes till November 7, 2024, adding significantly to its market cap; however, the token’s price has deteriorated afterwards. On November 21, SPX6900 stooped to $0.450, losing 50% of its value, which made holders cautious. However, the token regained its lost value and ended the year at $0.856. The meme token entered January 2025 with a price tag of $0.866, but it soon jumped to $1.55 as its circulation and acceptance increased. It corrected strongly in search of support at the start of February, attaining an average price of $0.66, but came down to the 0.46 range in March. In April, the coin was trending near $0.386 on the lower side, while in May, it saw a fabulous recovery, peaking at $1.11 along with some other cryptocurrencies. On June 11, the meme coin attained its all time high of $1.73, and on July 28, it marked another ATH at $2.27. SPX maintained a trading range of $1.06 to $2 in August under complete bullish dominance, proving itself a reliable asset, and was trading at an average price of $1.16 in September. In October 2025, SPX6900 was trending near $1.6, and in November, it fell to $0.78 after losing 50% of its value. In December, the downtrend continued as the token touched $0.63. At the start of January 2026, SPX6900 was trending near $0.64, but in February, it slipped to $0.26, as the current market sentiment is bearish.

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