This is a US news story, published by CoinGape, that relates primarily to Bitcoin news.
For more US news, you can click here:
more US newsFor more Bitcoin news, you can click here:
more Bitcoin newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
upcoming altcoin rally. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest next crypto market rally news, Altcoin Whales Prepare news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
altcoin marketCoinGape
•
62% Informative
After the US Fed meeting on Wednesday , Bitcoin and the broader crypto market came under heavy selling pressure in what seems to be a sell-the-new momentum after the Fed meeting.
The Federal Reserve Chair Jerome Powell kept interest rates unchanged at 5.25% while speaking about the possibility of a rate cut ahead in September .
The ALT/BTC pair can bleed further during the August consolidation.
Whales have been positioning themselves for the upcoming altcoin rally.
VR Score
38
Informative language
23
Neutral language
41
Article tone
formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
3
Affiliate links
no affiliate links