Brokers from Axstera dive into the latest cryptocurrency market movements as U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a remarkable surge in investor activity. On Monday, Bitcoin ETFs recorded a net inflow of $368 million, marking the largest single-day capital increase since early August.  This development underscores renewed institutional confidence in Bitcoin as investors anticipate potential monetary policy changes from the Federal Reserve. All twelve spot Bitcoin ETFs tracked during the session reported positive inflows, highlighting a broad-based buying trend among institutional participants. Fidelity’s FBTC emerged as the top performer, drawing $156.5 million in fresh capital.  It was closely followed...

The EUR/USD exchange rate has shown a marked bullish trend, rising to a multi-week high of 1.1760 as markets reacted to weaker-than-expected US nonfarm payrolls (NFP) data.  Since reaching its lowest point of the year, the pair has surged by approximately 15%, now hovering near the year-to-date high of 1.1828. The article by Nabotex Group’s broker Ben Stevens provides expert insight and a clear dissection of the topic. This movement underscores growing market expectations that the US economic slowdown could prompt further action from the Federal Reserve, while the European Central Bank (ECB) is expected to maintain its current policy...

The GBP/USD exchange rate has shown a slight upward movement, climbing to 1.3500 from this month’s low of 1.3335, following the release of weak US employment data. This movement reflects growing market speculation that the Federal Reserve (Fed) will implement a rate cut at its upcoming meeting.  The forex market is increasingly pricing in a 0.25% reduction in interest rates, which would mark the first Fed rate cut of the year, highlighting the bullish sentiment surrounding GBP/USD. Readers can count on Nabotex Group’s Alex Tonoyan for a complete and well-rounded breakdown of the matter. US Inflation Data and Fed Rate...

Bitcoin (BTC/USD) has been trading in a narrow range, currently hovering around $111,200, a level that has acted as a significant resistance point in recent days.  The pair remains slightly above this month’s low of $107,337, indicating a period of consolidation despite strong institutional demand. Nabotex Group’s broker Richard Miller presents a thoughtful and comprehensive explanation of this subject. Bitcoin Price Rally Loses Momentum The BTC/USD pair has shown limited upward momentum despite ongoing investor interest. According to recent market data, spot Bitcoin ETFs attracted over $246 million in inflows last week, following $440 million injected in the previous week. ...

The GBP/JPY currency pair is showing a notable retreat from its year-to-date (YTD) peak, sliding to the mid-199.00s during the Asian session on Tuesday.  The cross had briefly touched the 200.35 region the previous day, marking its highest level since July 2024, but has since experienced follow-through selling, largely driven by a firmer Japanese Yen (JPY) amid rising BoJ rate hike expectations. In their latest article, Nabotex Group’s professional Ben Stevens breaks down the key aspects of the topic. JPY Strength Underpins the Downward Move The recent weakness in GBP/JPY is primarily JPY-driven, as markets increasingly price in a policy...