The post Federal Reserve Set to End Quantitative Tightening Phase This Month appeared on BitcoinEthereumNews.com. Key Points: Federal Reserve’s expected QT phase end, easing financial pressures. Market anticipates December QT conclusion based on Fed signals. Cryptocurrency markets may benefit through improved USD liquidity. The Federal Reserve is poised to conclude its three-year quantitative tightening phase this week, aiming to alleviate money market pressures amid recent banking system liquidity concerns. Ending QT could stabilize markets, improve liquidity, and potentially boost cryptocurrencies like Bitcoin and Ethereum amid heightened investor optimism. Fed’s $2 Trillion Asset Roll-Off and Market Impact Market reactions reflect a positive shift as equities rise and bond yields drop, anticipating a return to easier monetary conditions. According to Arthur Hayes, a Fed QT pause traditionally signals increased liquidity and market volatility, presenting opportunities for cryptocurrencies. BTC and ETH prices are expected to gain from enhanced USD liquidity, while DeFi TVL may see notable growth. According to market experts, the end of quantitative tightening is expected to lead to a more favorable environment for risk assets, including cryptocurrencies. This shift may encourage increased investment and innovation in the crypto sector. “The strategy’s role in stabilizing money markets and supporting future liquidity through tools like the Standing Repo Facility (SRF).” — Jerome Powell, Chairman, Federal Reserve How the 2019 QT Halt Sparked Crypto Surges Did you know? In 2019, the last major halt of quantitative tightening led to significant rallies in risk assets, including a notable increase in crypto inflows and record highs in DeFi total value locked and staking metrics. Bitcoin (BTC) is currently valued at $113,795.52 with a market cap of $2.27 trillion, constituting 59.15% market dominance, according to CoinMarketCap. Its trading volume over the past 24 hours is at $58.22 billion, experiencing a 17.53% change, and has seen varied price changes across different time frames, notably a 5.51% rise over the past week. Bitcoin(BTC),… The post Federal Reserve Set to End Quantitative Tightening Phase This Month appeared on BitcoinEthereumNews.com. Key Points: Federal Reserve’s expected QT phase end, easing financial pressures. Market anticipates December QT conclusion based on Fed signals. Cryptocurrency markets may benefit through improved USD liquidity. The Federal Reserve is poised to conclude its three-year quantitative tightening phase this week, aiming to alleviate money market pressures amid recent banking system liquidity concerns. Ending QT could stabilize markets, improve liquidity, and potentially boost cryptocurrencies like Bitcoin and Ethereum amid heightened investor optimism. Fed’s $2 Trillion Asset Roll-Off and Market Impact Market reactions reflect a positive shift as equities rise and bond yields drop, anticipating a return to easier monetary conditions. According to Arthur Hayes, a Fed QT pause traditionally signals increased liquidity and market volatility, presenting opportunities for cryptocurrencies. BTC and ETH prices are expected to gain from enhanced USD liquidity, while DeFi TVL may see notable growth. According to market experts, the end of quantitative tightening is expected to lead to a more favorable environment for risk assets, including cryptocurrencies. This shift may encourage increased investment and innovation in the crypto sector. “The strategy’s role in stabilizing money markets and supporting future liquidity through tools like the Standing Repo Facility (SRF).” — Jerome Powell, Chairman, Federal Reserve How the 2019 QT Halt Sparked Crypto Surges Did you know? In 2019, the last major halt of quantitative tightening led to significant rallies in risk assets, including a notable increase in crypto inflows and record highs in DeFi total value locked and staking metrics. Bitcoin (BTC) is currently valued at $113,795.52 with a market cap of $2.27 trillion, constituting 59.15% market dominance, according to CoinMarketCap. Its trading volume over the past 24 hours is at $58.22 billion, experiencing a 17.53% change, and has seen varied price changes across different time frames, notably a 5.51% rise over the past week. Bitcoin(BTC),…

        Highlights:  The BNB price is down 2% to $1111.46, despite the trading volume spiking 26%. The BNB on-chain demand has slipped, with the open interest plummeting 3% showing a drop in demand.  The technical outlook shows a tight tug-of-war, with the bulls attempting to overcome resistance zones.   The BNB price is down 2% today, to trade at $1111.46. Despite the plunge, the daily trading volume has soared 26% showing increased market activity among traders. However, BNB Chain has seen declining network activity, with the open interest plummeting, signaling a drop in demand.  On Chain Demand on BNB Cools Off The BNB Chain is in a state of cooldown of network activity, which indicates low on-chain demand. In most instances, when a network fails to ensure large volumes or revenues, it means that there is low demand or outflows to other networks.  BNB DeFi Data: DeFiLlama According to DeFiLlama data, the volume of the Decentralized Exchanges (DEXs) is down to at least $2.12 billion in comparison to the high of $6.313 billion on October 8, which also means low on-chain liquidity.  On the other hand, Coinglass data shows that the volume of BNB has grown by 3.97% to reach $4.95 billion. However, the open interest in BNB futures has dropped by 3.36% to reach $1.74 billion. This reduction in open interest is an indication of a conservative stance by investors since the number of new positions being opened is low. This could be an indication that investors are not so sure about the short-term price outlook. BNB Derivatives Data: CoinGlass Meanwhile, the long-to-short ratio is sitting at 0.9091. This shows that the traders are undecided on BNB price’s next move, as it sits below 1.  BNB Price Moves Into Consolidation The chart displays the BNB/USD price action on a 4-hour timeframe, with the token currently hovering around $1111.46. The 50-day Simple Moving Average (SMA) is at $1113, while the 200-day SMA sits at $1129, cushioning the bulls against upside movement. The price has mostly been trending below both SMAs, indicating that the bears are having the upper hand.  The BNB trading volume is up, soaring 26%, signaling the momentum is real. On the 4-hour chart, BNB is trading within a consolidation channel. In such a case, this pattern may act as an accumulation period, giving the bulls hind wings to break above resistance zones.  BNB/USD 4-hour chart: TradingView Zooming in, the Relative Strength Index (RSI) sits at 44.15, below the 50 level. This shows weakening momentum in the BNB market, and might lead to the RSI plunging to the oversold region if the bulls don’t regain control. In the short term, the BNB price could move up to $1113 resistance and flip it into support. A close above this zone will see the bulls target $1126 resistance, giving the bulls strength to reclaim the $1230 mark.  Conversely, if the resistance zones prove too strong, a dip towards $1012 could be plausible. In such a case, this could be a prime buy zone for the risk-takers. In the long term, if the token keeps the hype alive, the bulls may reclaim the $1375 high or higher.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.