Oh, Bitcoin, the elusive darling of the crypto world, currently hovering below $107,000 like a shy ghost at a dinner party. Its value, stuck at a modest $104,325, has been struggling with a supply overhang, as if the whole market is holding its breath, waiting for the next big move. The FOMC (Federal Open Market Committee) meeting is looming large, and traders are biting their nails, waiting to see if the next interest rate decision will send Bitcoin soaring or crashing to new lows.
Will Bitcoin Have a Party, or Will It Get Left Outside in the Cold?
Michael van de Poppe, the crypto wizard with a knack for predicting doom and gloom, has weighed in. He thinks Bitcoin might drop below $105,000, potentially triggering a cascade of liquidations. Ah, yes, the sweet, sweet drama of pre-FOMC market swings. The kind of volatility that makes traders feel like theyāre on a rollercoaster built by someone with a bad sense of humor.
#Bitcoin starts to lose the level, so there is a very likely case that we’re going to accelerate with the downwards momentum.
Sub $105,000 would push the liquidation game into play and then we’ll likely start falling deeper (and end the correction).
People might suggest itsā¦
ā MichaĆ«l van de Poppe (@CryptoMichNL) June 17, 2025
Bitcoinās price is now sitting at $105,602.45, down 1.03% in the past 24 hours. Not a major disaster, but not exactly a victory dance either. Meanwhile, traders are keeping their eyes peeled for any sign from the Fed. The latest CPI report was like a slap in the face for anyone hoping for smooth sailing, with rising inflation and sluggish growth shaking things up.
The markets, ever the drama queen, are convinced there wonāt be an interest rate cut this monthāat least according to the CME FedWatch Tool. Polymarket seems to agree, giving a 98% chance that nothing will change in June, and an 84% chance for July. So, for now, the Fed is in āwait and seeā mode.
šØNO RATE CUTS THIS WEEKšØ
Everyoneās watching rate cuts. But the real liquidity comes from SLR.
SLR = the rule that limits how much debt banks can hold. When the bond market starts cracking, they will change it and allow massive leverage.
That change is imminent. And itā¦
ā Quinten | 048.eth (@QuintenFrancois) June 17, 2025
According to some analysts, the real action wonāt come from interest rate cuts but from a more obscure source of liquidityāthe SLR, or Supplementary Leverage Ratio. This rule restricts how much debt banks can hold. If the pressure on this rule eases, it could give banks the ability to absorb more debt, potentially pumping liquidity into the market without a need for more Quantitative Easing (QE). The Fedās hesitation is now viewed by some as purely political. Will they take the plunge, or remain stuck in indecision?
Bitcoin Hyper: The Real Showstopper!
Amid the rollercoaster ride of Bitcoinās price, thereās a new kid on the blockāBitcoin Hyper. Described as the first Bitcoin Layer-2 chain, it promises scalability and speed, which, frankly, sounds like exactly what the crypto world needs to avoid getting bogged down in sluggish transactions. Bitcoin Hyperās presale is live, and if youāre not paying attention, you might miss the boat.
The presale has already raised a healthy $1,347,102.53. But donāt wait too longāonce the price increases from its current $0.011925, you might regret not getting in while the gettingās good.
Current Presale Stats:
- Current price: $0.011925
- Amount raised so far: $1.3 million
- Ticker: HYPER
Want in? You can buy with either a credit card or crypto assets. Bitcoin Hyper is more than just a quick way to move memecoins around; it promises to unlock fast, cheap Bitcoin transactions and could be a game-changer for decentralized applications (dApps) too.
With about 25% of the tokens allocated for business development and community activation, thereās plenty of room for growth. Plus, 20% is earmarked for viral marketing, 15% for the community, 10% for exchange listings, and a solid 30% for ongoing development. Keep your eyes on the HYPER tokenāthis might just be the one that takes the world by storm.
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2025-06-17 19:15