Crypto Markets Navigate Fed Uncertainty, ETF Shifts, and Miner Evolution; Dash Eyes 400% Rally
Crypto Markets Navigate Fed Uncertainty, ETF Shifts, and Miner Evolution; Dash Eyes 400% Rally
The crypto market experienced a mixed week with significant outflows from Bitcoin funds due to hawkish Fed remarks, though Solana ETFs saw strong debut inflows. Ethereum faced cooling demand for its spot ETFs and a potential price correction. Meanwhile, Dash showed promising signs for a substantial rally, drawing parallels to Zcash's previous performance. In a notable development, a major Bitcoin miner secured a multi-billion dollar deal with Microsoft, highlighting the industry's pivot towards AI infrastructure.
Investors trimmed exposure to Bitcoin funds amid US policy uncertainty, even as Bitwise’s new Solana staking ETF attracted strong debut inflows last week.
Ethereum’s price risked a deeper correction toward $2,800 as institutional demand through ETH ETFs and treasury companies declined
Dash’s setup mirrors Zcash’s pre-breakout phase, hinting at a possible 400% rally if it breaks above a multiyear technical resistance zone.
IREN’s Microsoft partnership underscores how Bitcoin miners are reinventing themselves as AI infrastructure providers amid tightening margins.