Bitcoin: The Fed's hawkish policies and futures positions impact the market
2026-08-01 03:24:33
According to CoinMeta and 10xResearch, the recent hawkish policies of the Federal Reserve and the increase in futures positions have put pressure on Bitcoin, although it remains bullish above its 7-day and 30-day moving averages. On the Ethereum front, Morgan Stanley's new strategy, whale purchases, and short covering have driven Ethereum prices back up to key levels. The Chainlink network has seen strong growth due to the tokenization of real assets and a new staking program, with an increasing adoption rate by institutions further supporting the network. Its utility has been expanded through widespread integration on multiple platforms and new blockchain deployments, but fluctuations in funding rates and weak revenue have limited its gains. The launch of a new product on the Chainlink network has improved its revenue prospects due to the fees approved by governance. A successful mainnet upgrade has improved fundamentals, but theme-related pullbacks still drag down prices. Accumulation has been maintained through wallet repairs and stable exchange support, but new research indicates that vulnerabilities in peer-to-peer networks have affected the privacy coin market. By streamlining operations through governance measures, it continues to maintain institutional interest in tokenized real assets through deployments on larger networks.
Bullish 0
Bearish 0
Source:X
This content is for market information only and does not constitute investment advice.