-
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New Highs
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U
-
Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations Rise
Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations RiseOn Wednesday (September 11), CME Bitcoin futures (BTC) closed at $57,685.00, down 0
-
Bitcoin falls below $56,000 as Fed rate cut expectations cool
Bitcoin falls below $56,000 as Fed rate cut expectations coolBitcoin (BTC) and the broader cryptocurrency market declined in early trading on Wednesday, a move that coincided with diminished expectations for a Fed rate cut following the release of the August Consumer Price Index (CPI) report. The report showed that overall inflation rose at its slowest pace in more than three years in August, but it did not increase market expectations for a significant rate cut from the Fed
-
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm Payrolls
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7
-
Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed Meeting
Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future
-
Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows Weigh
Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows WeighBitcoin prices have plummeted again, falling more than 4% and breaking below $54,000. The second-largest cryptocurrency, Ethereum, has seen an even steeper decline, falling over 6%
-
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election Outcome
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election OutcomeBitcoins weak trading pattern is likely to persist for another month as crypto traders await clarity on the Federal Reserves interest rate cuts and the upcoming presidential election. August was a rough month for crypto, with Bitcoin dropping 10
-
The Cryptocurrency Market Plunges, Bitcoin Falls Below $57,000, Can a Fed Rate Cut Save the Day?
The Cryptocurrency Market Plunges, Bitcoin Falls Below $57,000, Can a Fed Rate Cut Save the Day?The cryptocurrency market has gotten off to a rough start, with the total value plunging nearly $200 billion in the past 24 hours to around $2.03 trillion
-
The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains Uncertain
The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains UncertainA potential rate cut hinted at by Federal Reserve Chair Jerome Powell on Friday sent Bitcoin prices soaring past $62,000. However, the short-lived price surge also triggered a liquidation of over $21 million in short positions within an hour, coupled with some long liquidations
-
Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts, What's Next?
Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts
-
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent Performance
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance
-
Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New High
Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500