CryptMarket Analysis — 18-09-03
Crypto markets remained cautious in the last four hours ahead of the closely watched Fed rate cut, with traders largely pricing in a 25 basis point reduction. Bitcoin and Ethereum prices held steady, supported by renewed ETF inflows and anticipation of easier monetary policy, although fragility persists given recent spot demand weakness and profit-taking risks noted by key analysts. Regulatory momentum intensified as France, Austria, and Italy collectively pushed for stronger EU oversight of crypto markets under MiCA, advocating for direct ESMA supervision and tighter rules on non-EU platforms—moves likely to reshape compliance requirements and cross-border operations across Europe. Meanwhile, memecoins were particularly hard hit in the broader market drawdown, with significant sell-offs signaling risk-off sentiment among retail traders. Overall, short-term sentiment is neutral-to-cautious, with macro events and regulatory shifts dominating trader focus.