The U.S. Federal Reserve's Federal Open Market Committee (FOMC) voted to maintain the federal funds rate within a range of 3.5% to 3.75%, a decision that was widely anticipated. However, the consensus was not unanimous, with two officials dissenting in favor of a rate cut. This signals a potential shift toward monetary easing. Concurrently, the U.S. dollar has declined to four-year lows, a move that analysts interpret as the administration leveraging market forces to achieve lower real rates.
This macroeconomic environment is viewed as bullish for cryptocurrencies. A weaker dollar historically correlates with upward repricing of dollar-denominated assets like Bitcoin and high-utility altcoins, pushing investors further out on the risk curve. The news coincides with a PayPal survey revealing that nearly 40% of U.S. merchants now accept cryptocurrency, driven primarily by customer demand, with crypto payments accounting for about 26% of total sales for those merchants.
Amid this backdrop, the AI-focused project DeepSnitch AI ($DSNT) is highlighted as a high-potential investment. Its presale has raised over $1.39 million, and the token price has surged 145-150% to approximately $0.03755. The project is building an AI market intelligence ecosystem with tools like SnitchFeed and SnitchGPT, offering presale buyers exclusive early access. The team's strategy of delaying a public exchange listing aims to create a supply shock, with over 32 million tokens already staked. Promotional codes like DSNTVIP300 offer substantial purchase bonuses.
The article also lists other notable cryptocurrencies: Seeker ($SKR) is noted for a 14% weekly gain following its integration of a liquid-staking protocol for Solana Mobile. Virtuals Protocol ($VIRTUAL) saw a 100% spike in 24-hour trading volume to nearly $128 million. Ondo ($ONDO), a leader in the Real World Asset (RWA) sector, saw a 52% increase in trading volume after launching tokenized U.S. Treasuries on the Sei blockchain. Finally, Ethereum ($ETH) is mentioned as a foundational asset, with developments like the upcoming MegaETH mainnet launch and Fidelity's stablecoin issuance on its network.
