The biggest tokens exchanged slowly while the merchants were waiting for the meeting of the Federal Reserve on Wednesday. Solana’s soil (soil) stood out with an almost record open interest in the future classified by the CME.
Monero (XMR) focused on privacy increased by 6% over 24 hours, moving beyond the massive blockchain Reorg which raised centralization problems. Other winners were IMX, up almost 13%, AVAX, adding 6% and hash, which exchanged 4% more.
The key market signals have painted a mixed table, warning of an increase in volatility after the Fed’s decision.
“On the surface, the MVRV ETF climbed to 2.29, and the impression of liquidity show strong institutional offers,” said Timothy Misir, research manager, BRN, in an email referring to the market value report to the value made.
“Below the surface, the cumulative volume of the Delta spot has even weakened while the momentum indicators took place. This moment of gap without a large participation is the classic configuration for a trace based on the title or a net monitoring if the Fed meets the hopes of the market.”
Positioning of derivatives
By Omkar Godbole
- Most of the major cryptocurrencies, including BTC and ETH, continued to experience the capital outings of the term contracts, resulting in a drop in open interest.
- AVAX stands out with OI of more than 14% while the market capitalization of the token seems to exceed $ 13 billion for the first time since February 2.
- Solana OI has reached a record summit of more than 70 million soil, with positive financing rates pointing to bull -up capital entries.
- On the CME, OI in Solana Futures fell to 7.63 million soil compared to the 8.12 million soil record on September 12. However, the three -month annualized bonus is much more than 15%, offering an attractive return for transport traders.
- BTC CME OI continues to improve, but the overall positioning remains light compared to ether and term contracts.
- In DRAB, BTC bias and ETH put options continue to facilitate all tenors, because traders provide for Fed rate reductions. The soil and XRP options remain biased upwards.
- On the OTC network paradigm, block flows included BTC calendar differences and the short-circuit of call and put options.
Talk about tokens
By Oliver Knight
- While the cryptography market remains in a tight range after a brief summit and a hollow on Monday, a token runs its own race: IMX increased by 15% in the last 24 hours, a daily negotiation volume rushing to $ 144 million.
- The climb raised IMX, the native token of the unchanging web3 game platform at a five-month summit.
- The bullish feeling around the immutable can be attributed to a dry probe that was abandoned earlier this year and to the general optimism around the game sector. The game is expected to reach $ 200 billion in income this year with new growth forecasts in 2026 in parallel with the release of Grand Theft Auto 6 from Rockstar Gaming.
- ImmuTable is well placed to capitalize on this growth after teaching the Ubisoft game giant during the next iteration of Might and Magic Fates in April.
- Blockchain technology could have a key role to play in games if the trends move towards the property of articles at stake, which could see the implementation of non -cornities (NFTS) tokens in a game that could then be collected or sold for crypto tokens.
- IMX is currently negotiating at $ 0.736 after erupting a key resistance level. It will probably come back to test $ 0.70 as a support before potentially improve, provided that the volume of trading can maintain at these levels.
