BTC Rebound: Macro Relief Before FOMC?

Another week has wrapped up in the crypto market, and this time, the mood is noticeably brighter! Investors are feeling optimistic as prices have been on the rebound. Bitcoin (BTC), for instance, bounced back from a low of $76,000 to hit $84,000 just before the U.S. Federal Open Market Committee (FOMC) meeting next week. And it wasn’t just Bitcoin—major altcoins joined the party, mirroring those gains. As the week closes, the total value of the cryptocurrency market is once again aiming for the $3 trillion mark.
Here’s a rundown of some of the biggest crypto market stories that CoinGape Media covered this past week:
Crypto Market: Bitcoin Advancements This Week
Bitcoin, the king of crypto, has been buzzing with positive developments over the last week. Despite some recent price swings, investor sentiment remains upbeat. A major highlight? Global financial powerhouse Cantor Fitzgerald launched a $2 billion Bitcoin financing venture. To ensure top-notch security for institutions, they’ve teamed up with crypto custody specialists Anchorage Digital and Copper.
In other news, Cathie Wood’s Ark Invest doubled down on its Bitcoin bet, adding another 997 BTC to their holdings. This week alone, they spent a cool $80 million through Coinbase to increase their BTC stash.
Interestingly, even with the market’s recent ups and downs, a strong 95% of investors holding U.S. spot Bitcoin ETFs are choosing to HODL strong. Because of this resilience, market experts are increasingly optimistic about Bitcoin’s long-term price potential.
Adding to the positive vibes, the Singapore Exchange (SGX) has announced plans to launch Bitcoin futures contracts very soon.
Furthermore, Clearstream, Deutsche Boerse’s post-trade division, is gearing up to roll out custody services for Bitcoin and Ethereum before the year ends. These were some of the key Bitcoin-centric updates making headlines in the crypto market this week.
Are Prices Getting Ready for Big Economic News?
Meanwhile, looking at the bigger picture, the market seems to be in a recovery phase as we head into the U.S. FOMC meeting next week on March 19th. This monetary policy decision is a big event that investors worldwide are watching closely.
Currently, the general expectation across the market is that the U.S. Federal Reserve will hold interest rates steady. Adding to this, the latest U.S. Consumer Price Index (CPI) data showed inflation is cooling down a bit, which is generally good news for riskier assets like crypto. Now, traders and investors are wondering if this could pave the way for a real price recovery, especially after the market jitters caused by the whole Donald Trump tariff situation.
Global markets, including crypto, definitely felt the pressure previously. However, recent price movements suggest that we might be seeing the start of a recovery and potentially a continuation of the bull market.