TheNewsCrypto

US stock indexes, S&P 500, Nasdaq, and Dow, ended higher this Friday.
The crypto market noted an increase of 7.49% in its market cap.
There are a few possible factors behind this rally.
Three US stock indexes have ended Friday on a high note, possibly paving the way for a surge in the global cry

The US Dollar Index has slightly declined, while crypto prices continue to fall, driven by bearish sentiments and concerns over consecutive ETF outflows. Bitcoin and Ethereum ETFs have seen significant outflows, amid a market cap drop of 5.82%.

Justin Sun, founder of Tron DAO, envisions the platform as a hub for AI and machine interactions despite a recent 4.12% drop in TRX price. However, projections suggest a potential 25.09% increase in the coming months, supported by ongoing developments.

There is a 22.7% chance for a 25 bps US Fed rate cut after the March meeting.
Crypto prices are down over the last 24 hours.
Warsh’s preference to shrink Fed’s balance sheet could be a key.
Employment and inflation data is scheduled to be rolled out soon. Meanwhile, there is a slight chance

Tether invested $150 million in Gold.com to enhance access to tokenized and physical gold, integrating its gold-backed token XAUT. This move reflects Tether’s strategy to provide safer crypto assets amidst economic uncertainty.

Gemini laid off workers as a strategic restructuring affecting up to 25% of its workforce.
It got out of crypto betting to focus on regulated core products.
The move reflects an increasing pressure within the industry for compliance with sustainability concerns.
Gemini laid off some of its workf

Amidst a bearish altcoin market, tokens like Midnight, Hyperliquid, and Monero exhibit strength due to clear narratives and development milestones, indicating a flight to quality within crypto sub-sectors.

Aperture Finance experienced a security breach on January 25, losing $3.67 million due to vulnerabilities in specific smart contracts. The hacker then moved $2.4 million worth of ETH to Tornado Cash. The platform has since halted affected functionalities and urged users to revoke risky approvals.

Shorts on ETH, SOL, and BTC have resulted in significant profits of $102.7 million and $55.5 million, respectively, amidst a 24-hour decline in cryptocurrency values. This trend coincides with corrections in Gold and Silver prices, raising investor interest in precious metals.

US stocks of AI companies like Alphabet, AMD, and Nvidia saw declines amid investor concerns about valuation and competition. AI cryptos also dropped 5.75%, reflecting overall market downturns and bearish sentiment. Price predictions indicate potential volatility.