The post Crypto Market Conditions ‘Exceptionally Strong’ as Bitcoin, Ethereum, XRP Advance appeared on BitcoinEthereumNews.com.

In brief Bitcoin surged to a record high above $124,000 as traders bet on a September U.S. rate cut, with odds exceeding 90%. Analysts cite strong order book dynamics, renewed buying pressure, and a favorable regulatory climate under the Trump administration as key drivers. Ethereum and XRP also advanced, though some warn markets may be overly confident about imminent Fed easing. Bitcoin hit record highs on Wednesday with the increasing odds of an easier monetary policy from the U.S. Federal Reserve. The top crypto is up 3.6% in the past 24 hours and is trading near $123,500, following a record high of $124,128 earlier in the trading session, according to CoinGecko data. “Liquidity is being shovelled into risk assets right now, and there is no obvious sign of any overheating, Pav Hundal, lead market analyst at Swyftx, told Decrypt. “Funding rates are well within normal ranges across all the major global exchanges.”  With the odds of a September rate cut soaring above 90%, a lower interest rate would encourage borrowing and stimulate spending. The stock market and crypto tend to rise in such environments, as investors seek higher yields from risk assets. “When Bitcoin enters price discovery, I focus on orderbook dynamics,” David Lawant, head of research at crypto prime brokerage FalconX, told Decrypt.   “So far, conditions look exceptionally strong,” Lawant added. “Bitcoin has held near all-time highs for weeks despite heavy selling pressure in the order books. Setups like this can fuel explosive rallies once that selling pressure recedes.” Renewed buying pressure and confidence can also be attributed to the crypto-friendly regulatory climate in Washington under U.S. President Donald Trump’s administration.  “Digital Asset Treasuries” are the primary reason for Ethereum’s recent ascent, Sean Dawson, Derive’s head of research, told Decrypt on Monday. He explained that DATs have the…

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Filed under: News - @ August 14, 2025 4:29 pm