{"id":41867,"date":"2025-08-13T05:31:47","date_gmt":"2025-08-13T05:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41867"},"modified":"2025-08-13T05:31:47","modified_gmt":"2025-08-13T05:31:47","slug":"bitcoin-holds-near-120k-ether-rallies-towards-4-7k-on-trumps-comment-fed-rate-cut-bets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41867","title":{"rendered":"Bitcoin Holds Near $120K, Ether Rallies Towards $4.7K on Trump’s Comment, Fed Rate Cut Bets"},"content":{"rendered":"
\n

Crypto markets extended gains on Wednesday as traders digested a mix of political tailwinds, dovish Fed expectations, and ongoing ETF inflows into ether (ETH).<\/p>\n

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting.<\/p>\n

Ether extended a strong week with gains of nearly 30%, nearing fresh highs that has historically preceded rotations and market frenzy in altcoins and microcap tokens.
ETFs tied to the token registered $520 million in positive flows on Tuesday, data shows<\/a>, on track to reach over $2 billion in weekly flows for the first time.<\/p>\n

Bitcoin (BTC) remained steady just under $120,000. Solana\u2019s SOL (SOL) surged 12% to $198, BNB Chain\u2019s BNB (BNB) added 5% to $837, and XRP (XRP) gained 4% to $3.25. Dogecoin (DOGE) and Cardano (ADA) rose over 8%, continuing a tendency of following ETH price action.<\/p>\n

Traders say recent comments from U.S. President Donald Trump fueled sentiment after ordering regulators to \u201clook into\u201d the possibility of adding crypto \u2014 alongside private equity \u2014 to U.S. 401(k) retirement plans. <\/p>\n

While this prospect is currently exploratory, the possibility of retirement accounts gaining direct exposure to crypto would represent a significant structural shift in demand.<\/p>\n

\u201cEthereum has been the standout, with mainstream equity analysts now joining the FOMO trade,\u201d said Augustine Fan, head of insights at SignalPlus, in a Telegram message. \u201cBTC implied volatility remains near all-time lows while ETH\u2019s short-dated vol has jumped materially \u2014 that\u2019s a sign traders see more upside and near-term action in ETH.\u201d<\/p>\n

Implied volatility (IV) is the market\u2019s forecast of how much a crypto\u2019s price might move in the future, based on options prices. If IV is low, traders aren\u2019t expecting big swings and if it\u2019s high, they\u2019re bracing for bigger moves.<\/p>\n

Short-dated volatility refers to the implied volatility of options that expire soon, typically within days or weeks. This reflects expectations for near-term price action rather than the long-term outlook.<\/p>\n

In this case, BTC\u2019s IV is near record lows, indicating that traders expect its price to remain relatively stable. ETH\u2019s short-dated volatility is jumping, which suggests that traders expect larger near-term price swings \u2014 and probably more upside \u2014 in ETH compared to BTC.<\/p>\n

Rate-cut bets added fuel to the move. Markets now price a high likelihood of the Federal Reserve lowering rates before year-end, easing macro headwinds for risk assets.<\/p>\n

\u201cEthereum\u2019s breakout past $4,600 reflects growing confidence in its institutional adoption,\u201d said Nick Ruck, director at LVRG Research, told CoinDesk. <\/p>\n

\u201cBitcoin holding near $119,000 shows resilient demand. A dovish Fed pivot could further accelerate ETH\u2019s outperformance, especially with ETF speculation and scaling upgrades ahead,\u201d Ruck added.<\/p>\n

Meanwhile, FxPro\u2019s Alex Kuptsikevich noted the rally is unusual in that altcoin strength appears to be pulling BTC higher, not the other way around.<\/p>\n

\u201cBitcoin is testing historical highs above $122,000 with the next major target at $135,000-$138,000. Ethereum is now in striking distance of its all-time high above $4,800,\u201d he said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto markets extended gains on Wednesday as traders digested a mix of political tailwinds, dovish Fed expectations, and ongoing ETF inflows into ether (ETH). Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41867","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41867"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41867\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}