Bitcoin approaches 64,000 dollars, Fed speaks at 2 PM

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Bitcoin is approaching 64,000 dollars this Wednesday, driven by a Solana rebound that lifts Ether in its wake, while Korean semiconductors plunge more than 7 percent. Markets await the minutes from the July 28-29 FOMC meeting, which could reveal for the first time since 2016 the votes of three members favoring a rate hike. VanEck identifies 8 capitulation signals out of 12, with realized volatility falling to 27.2 percent, and expects an accumulation phase between September and November. Long-term holders sold 356,000 BTC in one month, but whales added 2.9 billion dollars of Bitcoin in 60 days, approximately 43,000 BTC, a contradictory signal illustrating two opposing market views between Strategy and BlackRock. The Fed minutes, released at 2 PM, will set the tone for risk appetite through the end of summer.

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Telemac
Telemachttp://cryptoinfo.ch
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