BTC Holds Around $120K While ETH Rises To $4.7K Amid Fed Rate Cut Bets

Bitcoin is at around $120K, while Ethereum rises to $4.7K amid Trump's statements, Fed rate cut expectations

“BTC implied volatility remains close to all-time lows, while ETH short-term volatility has increased significantly, indicating that traders are seeing more room for growth and activity in the short term for ETH,” one trader noted.

Shaurya Malwa | Updated by Parikshit Mishra on August 13, 2025, 6:21 AM Published on August 13, 2025, 5:09 AM

Cryptocurrency markets are showing gains as traders react to political developments, Fed expectations and increased Ethereum ETF inflows.
Ether's price has increased by nearly 30%, with analysts noting increased short-term volatility and potential for further growth.
President Trump's statements about the possibility of exploring cryptocurrencies in pension plans and a potential Fed rate cut have contributed to the optimistic mood in the market.