Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The crypto market froze in anticipation of the PCE data

January, 31 2025
watermark Economic news

The cryptocurrency market is showing consolidation on Friday. Bidders took a wait-and-see attitude ahead of the release of important December data on the PCE price index in the United States.


PCE data is a determinant of inflation for the Federal Reserve and can significantly affect interest rate forecasts. This week, the Federal Reserve left the rate unchanged, stressing that its reduction is unlikely in the near future.


The second largest cryptocurrency, Ether, is showing growth of 1.6%, reaching $3,243.87. XRP, on the contrary, decreased by 1%, trading at $3.0866. 


Instability in the memicoin market persists. $TRUMP declined by 7.2%, bringing it close to 60% below the peak reached after the launch. 


Solana, Cardano and Polygon show limited dynamics, remaining in narrow ranges. Dogecoin, in turn, decreased by 1.2%.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2025 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.