XRP Near $1.20: Can ETF Inflows Beat Short Pressure After the Fed Sell-Off?
XRP ETFs logged $118.29M May inflows as shorts crowded perps into June. Can fresh demand offset post-Fed sell pressure near $1.20? Key signals, risks, and setups.
Crypto Daily·
June jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
Read full articleXRP ETFs logged $118.29M May inflows as shorts crowded perps into June. Can fresh demand offset post-Fed sell pressure near $1.20? Key signals, risks, and setups.
Record highs in Japan and South Korea stocks highlight potential volatility in global markets, influenced by currency shifts and geopolitical factors. The post Japan and South Korea stocks hit records as dollar gains from Fed boost appeared first on Crypto Briefing.
Key takeaways XMR is down 2% and could record further losses in the near term The Fed’s hawkishness weighs on the broader crypto market. Privacy coins remain under pressure amid weak risk appetite Monero (XMR) continued its downward trajectory on Friday as bearish sentiment persisted across the cryptocurrency market. XMR slipped for a third consecutive […] The post Monero extends losses as Fed hawkishness weighs on the crypto market appeared first on CoinJournal.
The semiconductor rally and US-Iran peace optimism may ease inflation and influence Fed rate decisions, impacting broader market dynamics. The post Wall Street indexes advance on chip gains and Iran optimism, Bitcoin holds steady appeared first on Crypto Briefing.
Wells Fargo’s brokerage, investing and financial advisory division is highlighting one S&P 500 sector that could act as a defensive investment as some stock prices reach inflated levels. Wells Fargo Advisors says that it has a “favorable” rating on the materials sector because a “combination of cyclical and secular forces are aligning to improve” the […] The post Wells Fargo Upgrades One S&P 500 Sector to ‘Favorable,’ Says Investing in the Sector Can Help Reduce Risks Posed by Inflated Stocks appeared first on The Daily Hodl.
Goldman Sachs cut its year-end gold target to $4,900 as delayed Fed rate cuts pressure gold, Bitcoin and broader risk appetite.
S&P 500 record and a 6% SOX rebound put chips back in charge as Intel foundry headlines and Apple chatter sway sentiment. Key catalysts, risks, and signals to watch.
The Fed's hawkish stance signals potential dollar strength, impacting global markets and prompting strategic shifts in currency trading. The post Currency traders pile into dollar call options after hawkish Fed holds rates steady appeared first on Crypto Briefing.