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Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate … Read more
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year. Go to Source
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no … Read more
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The economic outlook is uncertain, and the Committee is attentive … Read more
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs. Go to Source
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Go to Source
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs Go to Source
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election. Go to Source
With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, it’s scheduled to follow just two days after the U.S. election on Nov. 7. As of now, market forecasts via CME Group’s Fedwatch tool are leaning toward a 25 basis point (bps) reduction in the target rate. The Fed’s … Read more
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors. Go to Source
