Bitcoin Breaks $114K: Crypto Market Cap Climbs Ahead of US Inflation Data
2 months ago
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The Big Picture Last Friday The crypto world came alive after Fed Chair Jerome Powell delivered a much-anticipated speech at the Jackson Hole Economic Symposium. Although he didn't explicitly promise a rate cut, his words suggested that September might bring some easing—and that was all the cue digital assets needed. The result? Bitcoin jumped from around $113K toward $116K, while Ethereum surged over 8%, jumping past the $4.6K mark. The broader crypto market rallied, with liquidations spiking 85%—overnight, short positions were caught in a squeeze as prices surged.Powell’s Words Moved the Markets Powell remarked that "current conditions may warrant adjusting our policy stance," signaling that the Fed could pivot soon. That pushed up expectations for a September rate cut, as analysts and tools like CME FedWatch now assign nearly 90% odds to such a move.Quick Highlights You Can’t MissMetricBefore SpeechAfter SpeechBitcoin Price~$113K~$116K +3%Ethereum Price~$4.3K~$4.6K +8%Crypto Market Cap—Up 2.5%, nearing $4TLiquidations Spike—85% rise (>$585M)Note: Crypto markets often react sharply to shifts in Fed policy expectations. Powell's tone—more dovish than expected—was just the spark.What This Rally Means for Investors Short-term surge: Traders who bet against cryptocurrencies were forced to unwind—which fueled the rally. Macro tailwinds: Lower interest rates tend to favor risk-on assets like crypto by making alternatives less attractive. Volatility stays high: Even as prices jump, swings can be dramatic—ideal for traders, but risky for some investors. Friendly InsightImagine you’re at a tennis match, and Powell’s speech is the opening serve. Crypto players—Bitcoin, Ethereum, altcoins—rally hard, surprising those not ready. But it’s early in the match: will the Fed deliver a real cut? Investors are watching closely for the next serve in this economic game.TL;DR: A hint from Powell was enough to send Bitcoin +3% and Ethereum +8%, as markets brace for easier Fed policy. While optimism is high, the Fed’s next moves will determine whether this rally has legs—or if it's just a quick spike. Want to dig deeper into altcoin winners, how macro data fits in, or keep an eye on price action? I'm here, ready to explore.
GST Rate Cut: Best Stocks to Buy in 2025The Indian stock market is buzzing after the government reduced GST (Goods and Services Tax) rates across multiple sectors. Lower tax rates mean cheaper products, higher demand, and better margins – making several companies attractive investment opportunities.Let’s look at the sectors and stocks that may benefit the most.Auto Sector – Strong Revival ExpectedThe biggest winner of the GST cut is the auto industry, especially two-wheelers and tractors. Two-Wheelers (below 125cc) → Hero MotoCorp, TVS Motors, Bajaj Auto Premium Cars (below ₹10 lakh) → Maruti Suzuki Tractors → M&M, Escorts GST reduced from 28% → 18%Broker View: SBI Securities expects a demand surge, especially in rural markets. Auto Parts – Cheaper Components Companies: Motherson Sumi, Endurance, Exide, Amara Raja, Bharat Forge, Gabriel India, Sundaram FastenersGST reduced 28% → 18%Spare parts becoming cheaper will drive both OEM and aftermarket demand. Cement Sector – Boost for Housing & Infra Companies: UltraTech Cement, Ambuja, Dalmia Bharat, Shree Cement, ACC, India CementsGST cut 28% → 18%ICICI Direct highlights strong growth potential as construction costs reduce. Consumer Durables – Festive Demand to Rise Companies: Voltas, HavellsGST reduced 28% → 18%Motilal Oswal expects strong sales in air conditioners, refrigerators, and home appliances. Pharma – Essential Medicines Cheaper Companies: Sun Pharma, Dr. Reddy’s, Cipla, Aurobindo PharmaGST cut 18% → 5%This makes medicines more affordable, increasing domestic demand. Retail Sector – Apparel & Footwear Apparel → Page Industries, Bata India, Trent, V-Mart (GST 12% → 5%) Footwear → Bata, Relaxo, Khadim India, Liberty Shoes (GST 12% → 5%) 📈 Centrum Broking expects strong demand recovery, especially in Tier-2 and Tier-3 cities.Hotel Sector – Travel & Tourism to Gain Companies: Indian Hotels, EIH, Lemon Tree, Chalet HotelsGST reduced 12% → 5%Hospitality is set for a strong revival with more affordable stays for travelers. Financials – Structural Winners (No GST Cut)Even though GST rates haven’t changed, financials remain strong long-term picks. Banks: SBI, HDFC NBFCs: Bajaj Finance, L&T Finance, Shriram Transport Insurance: HDFC Life, SBI Life, ICICI Lombard ICICI Direct recommends them as consistent wealth creators.Conclusion – Which Stocks Should You Buy?The GST rate cut is a game-changer for multiple industries. Investors should focus on:Auto & Auto Parts – demand revival playCement & Consumer Durables – housing & consumption boostPharma – essential and defensive betRetail & Hotels – strong comeback storyFor long-term portfolios, these sectors offer attractive entry opportunities. However, always do your own research or consult a financial advisor before investing. Pro Tip: Keep an eye on festive season demand – it will be the first real test of how strongly GST cuts impact consumer spending.
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