Over $9B in USDT, USDC Flood Crypto Exchanges Ahead of FOMC: BTC USD To $130,000?

Before the FOMC meeting is very expected later today, the total coding market ceiling increased by 0.5 % to more than 4.1T. The price of a fixed bitcoin is above $ 116,000, and traders are optimistic in general, and they expect BTC USD to explode over $ 118,000 and about its highest levels in mid -August.

Although confidence is high, the speed with which bitcoin will be largely dependent on the total factors. This time, the eyes are on Jerome Powell and FOMC. In addition to the decision to reduce prices, their comments on economics and monetary policy in the coming months before the end of the year will have a significant impact on capital flows, not only for Bitcoin Chefir Best encryption for purchase.

As of September 17, the world’s most valuable encryption increased by approximately 4 % last week, for each Coingecko. On Coinglass, decent BTC USDT trading activity. More than $ 21 million of US dollar shorts has been closed on the last day. At the same time, The financing rate is positive, which means that the general feelings are difficult as tall pushes short pants to keep their positions.

BTC USD merchants target $ 130,000 after the FOMC price announced today. More than 9 billion dollars in Usdt, USDC and other stablecoins go to the stock exchanges

(source: Coinglass))

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More than 9 billion dollars in an exchanging encryption than stablecoins

Looking at the data on the series, it is likely that it is BTC logoBTC -0.21 %Above altcoins, and even some of Top Solana Meme Coins The edge will be higher, pushing the financing rates more to a positive area.

The latest data on the series shows that over the past 36 hours before the FOMC meeting, about $ 9 billion has been transferred in Top Stablecoins, including USDT and USDC, to encryption exchange.

Stablecoins plays a major role in the ecosystem for encryption, allowing traders to be exposed to the highest coins and work as a safe shelter during turmoil. Whenever Stablecoins is transferred to the exchange of encryption like Binance, Coinbase and Bybit, their holders may suggest that they are keen to buy, a positive net for holders.

On the other side, when Altcoins, including ETH or BNB, moves to exchanges, this is a decline. If there are significant flows of exchanges, the distinctive code prices may be disrupted after a few days.

Over the past 1.5 days, there has been one -dollar stablecoin, one dollar to Binance, the largest one -year movement in more than a year.

An analyst at X said that these flows are a clear sign of buying intent and “new powder” that can ignite encrypted fireworks.

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Will BTC USD explode to the highest new levels ever over $ 130,000?

Traders can only wait and know what FOC will decide on interest rates. If they cut prices and larger price discounts by the end of the year, BTC USD may easily gather above 124,500 dollars to reach their highest levels ever.

Bitcoin
price
The maximum market
BTC
$ 2.32
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In X, a analyst is already noticed that the price of bitcoin is traded at a rate of +7 % on the basis of the short -term cost, as traders target $ 130,000.

On this rate, BTC USD +7 % rose from the average price of short -term holders. Short -term holders are all addresses bought BTC in the last 155 days. Nowadays, this group of bitcoin holders in money.

Meanwhile, the Bitcoin Risk Index, which evaluates the market weakness, is +23 %, which is low in historical standards. This reading shows that the market is calm, which reduces the possibility of sharp withdrawal or unwanted qualifications.

If the counselors of date, BTC USD can increase by another +40 %, putting the price of bitcoin above 150,000 dollars by the end of the year.

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More than 9 billion dollars move in Stablecoins to the stock exchanges, BTC USD to $ 130,000?

  • Bitcoin price company before the FOMC meeting
  • 9 billion dollars in Stablecoins moved to the exchange of encryption
  • FOMC may reduce prices
  • BTC USD will rise to $ 130,000 in the coming weeks

The post is more than $ 9 billion in Usdt, the exchange of flood encoding USDC before FOMC: BTC USD to $ 130,000? First appeared on 99bitcoins.

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