Bitcoin, Fed
Bitcoin's volatility intensifies as Fed slashes interest rates ahead of 2024 election
Despite short-term fluctuations, Packham remains optimistic about bitcoin’s long-term outlook. "Bitcoin has a habit of surprising everyone," he said, adding that historical trends suggest a bullish movement next year, regardless of the election outcome.
What The Fed’s Rate Cut Means For Bitcoin
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of the U.S. economy.
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk-on assets even as some investors tout their use as safe havens.
How The Fed Rate Cut Could Make Bitcoin Volatile
The bitcoin market is bracing for a volatile month as the U.S. Federal Reserve’s anticipated interest rate cut looms large.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The CoinDesk 20, a measure of the largest digital assets, is up 3.4%. Plus: Polymarket traders have their money on four to five more rate cuts this year.
Bitcoin on track to rise on weekly basis as Fed delivers jumbo rate cut
Bitcoin is set to rise on a weekly basis following a Fed rate cut, with investors embracing risk-on sentiment in the crypto market.
Bitcoin, Ethereum, and Dogecoin Surge Higher After Fed Cuts Rates
The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin ( BTC 5.43%) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum ( ETH 6.40%) is up 7.6% to $2,470, and Dogecoin ( DOGE 4.93%) is up 6.3% to $0.1068.
Why US Fed rate cut is set to increase appetite for cryptos
The US Federal Reserve’s rate cuts are positive for risk-taking by investors and will boost sentiment towards Bitcoin and other cryptocurrencies, according to experts. Lower interest rates usually help to spur an increase in demand for riskier assets,
Crypto Briefing2h
Bitcoin gears up for 'transition phase' as parabolic rise looms, trader highlights
Bitcoin sees 6% rise after Fed rate cut. Traders anticipate potential parabolic movement as BTC enters a "transitional phase" ...
EconoTimes8h
Bitcoin Called Fed's 'Best Thing' by Schiff as Gold Exposes Policy Flaws
Financial expert Peter Schiff contends that Bitcoin has ironically become the Federal Reserves best thing, diverting ...
CoinDesk on MSN5dOpinion
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, ...
Crypto and US stocks show record correlation as Fed policies align markets
A recent correlation study reveals that the 40-day correlation coefficient between the largest 100 cryptocurrencies and the S ...
Bitcoin Hits Three-Week High as Fed Spurs Demand for Risk Assets
Bitcoin touched a three-week high alongside a jump in global equities as an outsized Federal Reserve interest-rate cut ...
CoinDesk2hOpinion
The Fed Must Have Confident Consumers
Last week’s rate cut won’t be the last, says Scott Garliss, as the Fed looks to build consumer confidence. That’s good news ...
Bitcoin jumps while Japan holiday dulls most currencies
Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve's ...
A ‘Huge’ BlackRock Bitcoin ETF Price ‘Surprise’ Is Suddenly About To Hit
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...