The Crypto Express

#BTC/USDT ANALYSIS Bitcoin is facing rejection from the Ichimoku Cloud and has also broken down below the 100MA, which is now acting as a resistance barrier. Currently, it is trading above the 200MA, serving as strong support. A rebound from the 200MA followed by a breakout above the 100MA and the Cloud will confirm upward movement. However, a breakdown below the 200MA could trigger further downside in the market.

NEW: METAMASK MAKER CONSENSYS HAS PICKED JPMORGAN AND GOLDMAN SACHS TO LEAD ITS IPO - PER AXIOS PRO

#US DOLLAR ANALYSIS The US Dollar is consolidating within an ascending channel, currently trading above the support trendline. The Ichimoku Cloud is acting as a resistance barrier overhead. A breakdown of the channel would signal a potential downward move. Given the US Dollar’s typical inverse relationship with the crypto market, this price action may play a crucial role in shaping upcoming crypto trends.

MASTERCARD POISED TO ACQUIRE CRYPTO STARTUP ZEROHASH FOR NEARLY $2 BILLION, SOURCES SAY: FORTUNE.

JUST IN: $300,000,000 liquidated from the crypto market in that past 15 minutes as Fed Chair Jerome Powell delivers FOMC speech.

POWELL: TODAY'S CUT WAS RISK MANAGEMENT POWELL: GOING FORWARD IS A DIFFERENT THING

POWELL: WE HAVEN'T MADE A DECISION ABOUT DECEMBER POWELL: WE HAD STRONGLY DIFFERING VIEWS TODAY

POWELL: FURTHER REDUCTION AT DECEMBER NOT A FOREGONE CONCLUSION

POWELL: HIGHER TARIFFS PUSHING UP SOME GOODS PRICES

POWELL: ESTIMATE TOTAL PCE AND CORE PCE ROSE 2.8%

JUST IN: 🇺🇸 Federal Reserve to stop shrinking its balance sheet on December 1st.

FED CUTS BY 25 BPS.

#PHB/USDT Hit 1.040 | +114% So Far 🚀✌️ Massive move - more than 114% profit after our call! 🚀 Perfect analysis and timing from the team 💪 Stay tuned for more high-accuracy crypto calls.📈

🇨🇦 JUST IN: Canada just got a 25bps rates cut.

#BTC/USDT ANALYSIS Bitcoin is facing rejection from the Ichimoku Cloud, which is acting as a strong resistance barrier. Further correction is possible, while a solid breakout above the cloud will confirm a bullish move.

21Shares files for Hype ETF.

JUST IN: 🇺🇸 98% chance of Fed cutting rates by 25 bps today, per traders on Kalshi.

Grayscale debuts Solana staking ETF, as crypto firms push ahead despite government shutdown.

World Liberty Financial to distribute 8.4 million WLFI for early USD1 adopters.