However, bitcoin and other non-yielding assets may benefit in the coming months as liquidity returns and investors rotate out of cash-heavy positions into growth and alternative stores of value.
Record XRP and Solana futures activity pushed open interest on the derivatives giant’s platform to roughly $3 billion, signaling renewed retail and institutional appetite for altcoin exposure.
The near-$100 spike on rival DEX Lighter wasn’t whale activity but an automated trading error that exposed the challenges of maintaining transparency and usability on decentralized exchanges.
Major cryptocurrencies are trading higher ahead of a busy week featuring key Federal Reserve and Bank of Japan rate decisions alongside earnings reports from influential Mag 7 stocks.
The release of September's Consumer Price Index (CPI) is expected to show a 3.1% rise in the cost of living from a year earlier, the highest in 18 months, according to FactSet.