Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies. Go to Source
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Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision. Go to Source
Bitcoin price metrics align to project further upside for BTC
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
Bitcoin chases $70K as global tensions ease and crypto traders long the US elections
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election. Go to Source
CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting
In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than … Read more
Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut
Bitcoin price rallies to $61,000 after the Federal Reserve cuts rates by 50 basis points for the first time since 2020. Go to Source
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press release, the central bank remains focused on reaching … Read more
BTC price slips from $60K as Bitcoin traders brace for FOMC ‘fireworks’
Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years. Go to Source
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half a percent that day. Bitcoin … Read more
Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Go to Source
