-
Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price Dips
Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price DipsData released Thursday by the U.S
-
Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat Up
Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat UpTraders on Tuesday boosted the probability of the Federal Reserve cutting interest rates by 50 basis points for the second time in a row to 61%, as China also joined the near-global monetary easing movement currently sweeping major economies. This news pushed the price of Bitcoin to its highest level in over a month during US afternoon trading on Tuesday, breaking above the $65,000 mark for the first time since early August
-
Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?
Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market
-
Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin Soars
Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin SoarsOn September 17, the three major U.S
-
Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs
-
Fed Rate Cut Expectations Rise, Bitcoin Rallies Strongly, Can It Hold Above $60,000?
Fed Rate Cut Expectations Rise, Bitcoin Rallies Strongly, Can It Hold Above $60,000?The Federal Reserve is set to announce its latest interest rate policy at around 2:00 AM Beijing time on Thursday (September 19th). All analysts anticipate a rate cut, but opinions diverge on whether the cut will be 25 basis points or 50 basis points
-
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
-
Bitcoin's September Challenge: Navigating Rate Cut Expectations Amid Historical Volatility
Bitcoin's September Challenge: Navigating Rate Cut Expectations Amid Historical VolatilityBitcoin (BTC) and the broader cryptocurrency market are facing a challenging environment, exacerbated by the historically volatile nature of September. While a potential rate cut by the Federal Reserve during the FOMC meeting on September 17-18 could bolster Bitcoin, its 30-day volatility has spiked to 70%, with trading volume approaching $3 trillion, reflecting heightened market activity and potentially increased risk
-
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 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%
-
Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?
Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon