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Browsing: Fed
The crypto market’s movements are influenced by expectations of Federal Reserve rate cuts and a rally in global government bonds.
Over 150,000 traders have been wrecked in the past day. The US Federal Reserve did what many anticipated and lowered the key interest rates by…
Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points.Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening…
Bitcoin price continued its semi-green week for a bit today trading above $115,000 today and briefly reaching $116,077. Since then, bitcoin’s price has dumped to the…
Key takeaways: Bitcoin is down 4.3% in October despite historically strong monthly returns.The CME FedWatch tool shows a 96.7% probability of a 25% interest rate cut, fueling…
Bitcoin Ready for ‘Big Moves’ on 91% Chance of Fed Rate Cut: Crypto Daybook Americas: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise)It’s a tough market to trade as bitcoin’s BTC$121,727.88 price swings sharply. Following a late Thursday drop from…