Bitcoin Approaches $120K While Ether Soars Towards $4.7K Amid Trump Comments and Fed Speculations
Cryptocurrency markets have experienced a notable surge, driven by reactions to President Trump’s remarks regarding the inclusion of crypto in retirement plans, and expectations of potential interest rate cuts from the Federal Reserve. Analysts indicate that Ether’s price has jumped nearly 30%, reflecting an uptick in short-term volatility and observations of potential further increases.
Key Points:
- The crypto market witnessed gains as traders responded to political developments, Federal Reserve anticipations, and rising ETF investments in Ether.
- Comments from President Trump, including his intent to explore the incorporation of cryptocurrencies into retirement plans, fueled the market’s positive outlook.
- Traders are showing interest in both Bitcoin and Ether, with Ethereum being highlighted as having considerable upside potential in the immediate future.
“BTC implied volatility remains near all-time lows while ETH’s short-dated vol has jumped materially — that’s a sign traders see more upside and near-term action in ETH,” one trader mentioned. “BTCの暗示的なボラティリティは過去最低水準であり、ETHの短期ボラティリティは大きく跳ね上がっている。それは、トレーダーがETHにさらに上昇の可能性を見ているサインだ。”
With Bitcoin hovering just below $120K, and with other altcoins such as Solana and BNB Chain also gaining ground, overall market sentiment remains optimistic. The implications of proposed rate cuts from the Fed add an additional layer of support for risky assets, further enhancing positive expectations among traders.
