As every week, we sum up the last days with Sebastian Seliga from the Zondacrypto stock exchange.
Macroeconomics and events in the USA
Behind us three important macroeconomic events from the United States.
The publication of the report from the July meeting of FOMC was a key Makro event. The document contained discussions about the potential changes in interest rates in the US, which strongly affects financial markets – both traditional and cryptocurrencies. Growing interest rates usually strengthen the dollar and reduce investors’ appetite to risky assets, such as Bitcoin. In turn, the expectations of reductions or mild monetary policy support cryptocurrency prices.
Data on the number of new applications for unemployment benefit was published. Relatively stable or slightly growing numbers suggest cooling the labor market, which is an argument for future foot reductions by the FED and promotes Bitcoin’s growth.
On August 22, the Fed Chairman Jerome Powell gave a key speech that had a significant impact on the expectations of the future US monetary policy. Historically, speeches in Jackson Hole are able to initiate strong fluctuations on the cryptocurrency market, resetting expectations as to interest rate changes.
These three events – the publication of the FOMC protocol, benefits data and Powell’s speech in Jackson Hole – significantly determined the mood of investors, caused variability and translated into the movements of Bitcoin courses and other key cryptocurrencies.
Events and activities on the Zondacrypto Stock Exchange
Holiday Airdrop ZND
In August, Zondacrypto conducted the largest loyalty campaign this summer – 250,000 ZND tokens were separated as part of the holiday Airdrop, directed to active traders and platform users.
Zondacrypto got involved as a strategic partner Tour de Pologne and Tour de Pologne Women (August 12-14), providing promotional activity during each stage, visibility of the brand at start, finish, fan zones and media exhibition. The company also funded financial prizes for the best players and a special prize at the third stage of the women’s race.
Charity action during the Tour de Pologne
The company organized special zones during a race in cities such as Zakopane, Wieliczka or Kraśnik. Activity involved the possibility of supporting the Foundation for the Maluszek and Juventus Academy Piekary Śląskie through Zondacrypto Pay tools. In the past, the stock exchange financed young footballers’ trips for tournaments to Italy, continuing the model of social commitment.
New functionalities and security
Zondacrypto emphasizes compliance with MICA and Estonian regulations, introducing new tools to accept payments in cryptocurrencies and developing the affiliate program. Ensuring user safety and improving functionality, including Through the intuitive application, they remain the priority of the platform, with over 1.3 million users and nearly 180,000 transactions per day.
Key market trends and prospects
This week is a fascinating time for the cryptocurrency market, with a clear division into two dominant narratives: on the one hand, persistent optimism powered by institutional and macroeconomic factors, and on the other – warning signals from technical analysis.
On-chain data shows that the market remains in the accumulation phase, where large players, the so-called “Whales” still actively increase their positions. This attitude strengthens long -term trust in Bitcoin, giving hope for continuing the upward trend. Analysts do not rule out that in the coming months BTC can reach a ceiling of USD 150,000 and even USD 200,000.
In the shadow of Bitcoin, Altcoins have gained importance, and especially the Ethereum, which strengthens its position in the DEFI and NFT sectors. The influx of funds to ETFs at ETH and the growing interest of the institution confirm its role as a technological market leader.