Risk-on Bounce: Bitcoin & Ethereum Rally as Rate-Cut Hopes Stir Markets
Bitcoin surged toward approximately $93,400, while Ethereum climbed past $3,200, as optimism over upcoming central bank rate cuts revived demand across markets.
Macro sentiment remains a key driver. When interest-rate expectations shift, crypto gains can follow quickly. However, for a sustained up-trend, this needs backing by renewed volume and institutional demand, not just short-term speculation.
Altcoin ETF Expansion: Grayscale Investments Launches First U.S. Spot ETF for Chainlink (LINK), Draws Early Inflows
Grayscale listed a spot-LINK ETF, attracting early capital and rallying the LINK token, injecting optimism into altcoins beyond just BTC and ETH.
This marks growing maturity and diversification for crypto investment vehicles. Institutional-style access to altcoins could broaden capital flows. However, with macro volatility high, expect high risk and high reward dynamics.
Ethereum Strong Fundamentals: Network Upgrade & Shrinking Exchange Supply Strengthens ETH Case
On-exchange reserves of Ethereum fell to a low level, approximately 8.7% of total supply, reducing immediate selling pressure. Meanwhile, overall network improvements continue to boost Ethereum’s structural outlook.
Decreasing supply on exchanges often precedes price appreciation when demand returns. ETH’s network fundamentals combined with tighter supply may make it a favored asset if macro tailwinds align.
Regulatory & Institutional Rails Expand: Major French Bank Group Enters Crypto Retail via BPCE, and Global Compliance Wins for Major Exchange Group
French banking group BPCE enabled crypto-asset purchases, including BTC, ETH, SOL, and USDC, for millions of clients starting from December 8th, widening retail access. Additionally, a major exchange group secured full compliance licensing under a top-tier regulator, raising global trust levels.
Infrastructure growth and mainstream banking integration pave the way for larger, more stable capital flows into crypto, which could be a structural positive beyond the usual volatility-driven cycles.