CryptMarket Analysis — 17-09-09
Major market players are closely watching the U.S. Federal Reserve, which is expected to cut interest rates by 25bps this week. Anticipation of easier monetary conditions continues to fuel bullish sentiment, as evidenced by a $2.3 billion inflow into Bitcoin ETFs over the past five days—a strong signal that traders are positioning for upside. At the same time, regulatory scrutiny intensifies across Europe, with France threatening to block crypto passporting and the ECB advancing 'Plan C' for a Digital Euro stablecoin, underscoring deepening competition between centralized and decentralized models. While Bitcoin rallies above $115,000 amid a weaker dollar and falling bond yields, short-term distribution by large holders and rotation into Ethereum suggests mixed risk appetite.
Overall, momentum favors digital assets as ETF inflows and Fed policy drive positive sentiment, but regulatory uncertainty in Europe poses headwinds. Traders should expect increased volatility as macro and regulatory forces collide in the days ahead.