- 25 bps increase ▼11 66%
- No change ▲12 34%
- 25 bps decrease ▲0 <1%
- 50+ bps increase <1%
ORCA rallies 12%: Can $2.50 support survive the FOMC reaction?
- Published
- Updated
ORCA traded above $2.50 while two writeups tracked its move ahead of the FOMC minutes. One piece highlighted a $6.93 million liquidity cluster near the market, and another reported a rise to $2.84 alongside higher spot and derivatives turnover.
Key claims & sources
What it means
ORCA holders and traders would notice the move immediately because one report places the token near $2.50 with a $6.93 million liquidity cluster close by. That makes the current market setup visible to anyone watching the pair, especially around the FOMC minutes window.
In practice, the later report shows a market that traded much more actively than before, with spot volume at $384 million and derivatives volume at $616 million. What stays the same is that the token is still being tracked around the $2.50 level, even as activity around it is larger.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
What Federal funds rate has done before
| When | What happened | Figure |
|---|---|---|
| 36 days ago | Federal funds rate: 3.88 (+0.13) rise | Oct 2026 |
| 2 months ago | Federal funds rate: 3.75 (+0.12) rise | Sep 2026 |
| 3 months ago | Federal funds rate: 3.63 no change | Aug 2026 |
| 4 months ago | Federal funds rate: 3.63 no change | Jul 2026 |
| 5 months ago | Federal funds rate: 3.63 no change | Jun 2026 |
FRED series, with the value of each release and its change.
What could happen next i
- Hike 25bps ▼15 65%
- Fed maintains rate ▲16 36%
- Cut 25bps ▲1 2%
- Hike >25bps ▼1 1%
- 1 more1%
- 0 (0 bps) ▼1 97%
- 1 (25 bps) 1%
- 2 (50 bps) <1%
- 3 (75 bps) <1%