Ah, greetings, seekers of financial wisdom-or at least those who haven’t hit snooze on their crypto alarms yet. ☕ Here’s your daily dose of chaos and clarity in the ever-twisting saga of digital finance.
Before you roll your eyes at another “bull market isn’t dead” proclamation, grab that second cup of coffee (or third, no judgment here). Jeremy Siegel, the sage of WisdomTree, has once again graced us with his presence, insisting that this rally is alive and kicking. But what about crypto? Will Bitcoin and Ethereum hitch a ride on this TradFi train, or are they destined to wait at the station like forgotten luggage? 🚂💼
Crypto News of the Day: When Wall Street Whispers, Does Crypto Listen? 📢
Siegel, ever the optimist, recently declared in an interview with some TradFi outlet (because where else do these things happen?):
“I think this bull market is certainly still intact.”
Oh, Jeremy, always the bearer of good tidings! He points to corporate earnings revisions and market breadth as proof that the rally isn’t just a summer fling but a long-term romance. Roses are red, violets are blue, 5-10% upside sounds nice, doesn’t it? 🌹📈
But let’s not forget his obsession with interest rates. Siegel insists the Fed’s benchmark rate should cozy up closer to the 10-year Treasury yield-like two shy teenagers at a dance. A rate in the “low threes,” he argues, would soothe investor nerves and give small-cap stocks the courage to dream big. 🎢
Of course, there’s always a catch. Low trading volumes? Typical late-August laziness, Siegel shrugs, as traders swap suits for swimsuits. But if Jerome Powell fails to deliver those anticipated rate cuts, well… let’s just say the party might end faster than you can say “rug pull.” 🎉➡️🪑
And then there’s the PCE report-a key player this week. If inflation cools, we might see more green lights for both equities and crypto. Siegel’s optimism hints that looser monetary policy could send capital flowing into Bitcoin, Ethereum, and other digital darlings faster than Elon tweets. 🚀💸
“A potential Fed interest rate cut opens up retail capital, adding to the fiery demand for ETH,” Kevin Rusher of RAAC told BeInCrypto.
Ah yes, nothing screams “fiery demand” like watching Ethereum hodlers debate gas fees while sipping kombucha. 🧋🔥
Chart of the Day
Byte-Sized Alpha
Crypto Equities Pre-Market Overview
Company | At the Close of August 26 | Pre-Market Overview |
Strategy (MSTR) | $351.36 | $351.12 (-0.068%) |
Coinbase Global (COIN) | $308.48 | $308.21 (-0.088%) |
Galaxy Digital Holdings (GLXY) | $24.72 | $24.77 (+0.20%) |
MARA Holdings (MARA) | $15.84 | $15.81 (-0.19%) |
Riot Platforms (RIOT) | $13.69 | $13.65 (-0.29%) |
Core Scientific (CORZ) | $14.04 | $14.08 (+0.28%) |
So, dear reader, will crypto rise like a phoenix from the ashes of skepticism, or will it remain a hesitant spectator in Wall Street’s grand theater? Only time-and perhaps a few more cups of coffee-will tell. ☕✨
Read More
- Violence District Killer and Survivor Tier List
- All Data Pad Locations (Week 1) Destiny 2
- One Piece Chapter 1158 Preview: The God Valley Incident Edges Closer
- One Piece: Oda Reveals A New Character That Can Read The Poneglyphs
- Unleash Devastation: Top Rupture Teams to Dominate in Limbus Company!
- Top 8 UFC 5 Perks Every Fighter Should Use
- The Best Winston Stadium Builds in Overwatch 2
- Valheim Player Spends 20 Months Building Middle-earth in the Game
- Silver Rate Forecast
- The 20 Best Real-Time Strategy (RTS) Games To Wishlist In 2025
2025-08-27 18:06