📉 Fed rate cut expectations fuel crypto market interest, despite cautious signals
Japanese digital asset management company Metaplanet continues to actively accumulate bitcoin. According to The Block, the company has purchased an additional 463 BTC worth $53.7 million, paying an average of $115,895 per coin.
Metaplanet now holds 17,595 BTC, maintaining its position as the seventh-largest public company in the world by bitcoin holdings. Ranked above are industry giants such as MicroStrategy, Marathon Digital (MARA), XXI Century Capital, Bitcoin Standard Treasury Company, Riot Blockchain, and Trump Media.
Institutional interest — including from Metaplanet — is helping support a positive outlook for the crypto market. This is particularly relevant amid growing expectations that the U.S. Federal Reserve might cut interest rates as early as September.
However, Fed officials continue to signal no immediate changes, putting some pressure on the market. Following a recent pullback to around $112,000 per BTC, many traders took profits, but the market is showing signs of stabilization.
⚠️ Mixed signals from the regulator are prompting investors to proceed with caution, but strong interest from major players points to sustained long-term confidence in cryptocurrency as an asset class.
All content provided on this website (https://wildinwest.com/) -including attachments, links, or referenced materials — is for informative and entertainment purposes only and should not be considered as financial advice. Third-party materials remain the property of their respective owners.