Febuary 2 BTCUSD BingX Chart Analysis and Today's Headline

BingX’s Bitcoin Chart


The US Federal Reserve announced a 25 basis point increase in its benchmark interest rate to a range of 4.5% to 4.75%, the smallest increase since March last year. Bitcoin is up 3.73% over the last 24 hours and rose to an intraday high of $24,263.89. The largest cryptocurrency rose above $23,800 after the Fed's interest rate decision as the results are in line with the expectation. Investors will focus on more information in the next two days, including initial jobless claims, tech company earnings reports on Thursday, such as Amazon (AMZN) and Alphabet (GOOGL), and unemployment data on Friday. If the results are better-than-expected, the BTC/USDT pair could rise to $25,000.

Today’s Cryptocurrency Headline

ImmutableX to Launch All-In-One Web3 Gaming Passport System

ImmutableX, the Ethereum scaling system, plans to launch the all-in-one pass system Immutable Passport in April this year, aiming to provide Web3 gamers with non-custodial wallet, player profile, and identity verification solutions, and help Web3 game studios attract new players. According to reports, Immutable Passport is similar to Xbox Gamertag or Apple ID. It does not require a password when logging in, does not retain the user's private key, and does not participate in signing transactions. Players will be able to access tools integrated into Immutable Passport, including digital wallets, fraud protection, and seamless authentication across Web3 games and marketplaces.

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