Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Bitcoin and Ethereum rose following yesterday's Federal Reserve meeting, where interest rates were kept unchanged.
The lack of new announcements from the Fed bolstered demand in the cryptocurrency market, as officials did not express significant concerns about the future of the U.S. economy. While it is expected that rate cuts may not begin until summer, there are no indications of delays beyond that timeframe. Once inflation begins to decline again, the Fed is anticipated to resume its monetary policy easing cycle. This has helped the crypto market regain confidence and sustain demand for riskier assets.
The cryptocurrency market is currently benefitting from the stability of the Fed's monetary policy. Investors view the current environment positively, as the lack of new restrictive measures provides opportunities for growth and flexibility. The decline in inflation allows the Fed to adopt a more adaptable approach, which is crucial for encouraging investments in high-risk assets. Additionally, there is growing excitement around potential new projects and technologies that could further stimulate interest in cryptocurrencies. Innovations and advancements in blockchain technology continue to attract attention, providing additional incentives for investors. This interest is reflected in the sustained popularity of digital currencies such as Bitcoin and Ethereum, which remain top choices for many investors looking to diversify their portfolios.
As for the intraday strategy in the cryptocurrency market, I will continue to take action, particularly during any significant pullbacks in Bitcoin and Ethereum. I remain optimistic about the continuation of the medium-term bull market, which has remained intact.
As for short-term trading, the strategy and conditions are described below.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.