NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Why Crypto Market Could See Summer Rally With Support From U.S. Equities

Reynaldo Marquez
Reynaldo Marquez
2 years ago
2 mins read
crypto bitcoin btc btcusd Ethereum

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto market remains in the green with major gains over the past weeks. The general sentiment in the market is shifting as Bitcoin, Ethereum, and other top 10 altcoins regain previously lost territory.

Related Reading | Why Bitcoin Must Beat $25,500 To Establish A Bull Rally

The chances of an extended bullish momentum seem to be increasing as the macro-economic factors impacting risk-on assets mitigate in short timeframes. The U.S. Federal Reserve (Fed) has begun a period of no contact with the media, and dollar inflation seems bound to decline.

This metric as measured by the Consumer Price Index (CPI) stands at a 40-year high and will take a dive in its July print according to data provided by the Bank of America. The banking institution surveyed the market and determined investors “really expect inflation to drop” over the next two years.

In addition, as stated by economist Alex Krüger, U.S. equities indices are trending to the upside with “remarkably strong” technical. The Nasdaq 100 and the S&P 500 have broken out of long ascending triangles which suggests a reclaimed of previous highs.

The Nasdaq 100 is currently trading at 12,343 with important gains since the start of July. Krüger believes this Index could return to its April 2022 levels which would represent an important bullish trend. The economist said via Twitter:

Given the absence of Fed surprises until September’s FOMC (expect July to be a non-event) and assuming no major negative developments on the European front, a summer rally taking prices there makes sense to me.

Crypto btc btcusdt ethereum ethusdt
Source: Nasdaq 100 Index on Tradingview via Alex Krüger

These three factors, absent Fed, a potential decline in inflation, and U.S. equity rallying, are the best-case scenario in the current macro-economic conditions. The crypto market has been showing a high correlation with the Nasdaq 100 and could benefit from a summer rally.

Bitcoin, Ethereum, and other cryptocurrencies are already breaking above critical resistance levels. ETH’s price leads the market recovery with a 50% profit in the past week and BTC’s price follows with a 23% profit.

What Could Get In The Way Of A Crypto Summer Rally?

According to Krüger, U.S. equities need to remain in the green during this earnings season. Stock indices have been reacting well to earnings reports from Netflix, but Tesla and Apple’s reports could truly define this period as a win or a retrace for the crypto market.

Related Reading | Solana And Avalanche Poised For Gains As Crypto Market Enjoys New Tailwinds

Ethereum Crypto ETHUSDT
ETH’s price with important gains on the 4-hour chart. Source: ETHUSDT Tradingview

If BTC and ETH’s price can extend their current bullish trend, the next major obstacle might come from the Fed and their September Federal Open Market Committee (FOMC) meeting. Krüger added:

After next week and before September’s FOMC (Sep/22) the main things to watch will be CPI inflation data, UMich inflation expectations and payrolls, with the key event being September’s CPI (Sept/13). Mark the calendars with those two dates.

Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ripple koers, wat gaat XRP doen

XRP koers toont bullish patroon rond $2,20 – wat gaat Ripple doen?

De Ripple koers is over de afgelopen 7 dagen met slechts 0,9% gestegen, ondanks positieve signalen vanuit de SEC. Wat...

Lars Diederiksen 2 hours ago
More Solana ETFs Planned as Snorter Bot Corners Market for Solana Memes

Crypto ETF Race Heats Up, More Solana ETFs Planned as Snorter Bot Corners Market for Solana Memes

The SEC’s filing cabinet has to be pretty full these days, and their ‘paperwork pending’ stack is getting perilously high....

Aaron Walker 2 hours ago
mastercard x chainlink

Η Mastercard συνεργάζεται με την Chainlink για την παροχή άμεσων μετατροπών fiat-προς-crypto για τους κατόχους καρτών

Η Mastercard συνεργάζεται με την Chainlink, προσφέροντας στον χρήστη τη δυνατότητα να αγοράζει κρυπτονομίσματα απευθείας με την κάρτα του. Όλα...

tsvetoslavad 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin price news

$179,000 Or $79,000? Bitcoin Faces Critical Cycle Pivot, Says Analyst

Jake Simmons 7 minutes ago

Dolar najsłabszy od pięciu lat, a Bitcoin wraca na rekordowe tory

newsbtc 1 hour ago

Сатоши из XRP возвращается

lisachaikina 2 hours ago

Premium Sponsors

Press Releases

  • Dogecoin surged today! ETHRANSACTION reveals the reasons...

    1 hour ago
  • BULL

    ...

    2 hours ago
  • 仮想通貨投資注目:ビットコインが107,000ドル突破、SoFiが仮想通貨市場を活性化しNYSEがトランプETFを発表

    ...

    2 hours ago
  • 仮想通貨 1000倍狙い:InvescoとGalaxy DigitalがSOL現物ETFを申請、専門家は100倍成長の可能性を秘めたトレーディングボットトークンを推奨

    仮想通貨 1000倍狙い:InvescoとGalaxy...

    2 hours ago
  • ico 仮想通貨注目:Snorter BotがSolana市場を独占

    ico 仮想通貨 注目:Solana...

    2 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.