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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.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.The price of bitcoin was recently higher by 5% at $63,
First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
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.
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.
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Bitcoin traded near $60,000 after Fed cut rates by 50 basis points.Fed members expect median benchmark rates to come down to 4.4% by
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,
2d
on MSN
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 ...
cryptopolitan
59m
Is Wall Street the worst thing to ever happen to Bitcoin?
Bitcoin is acting more like a regular stock, with its price now closely tied to Wall Street and U.S. equity markets. Recent ...
Opinion
CoinDesk on MSN
3d
Opinion
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, ...
AMBCrypto
6h
Bitcoin climbs higher amid Fed’s liquidity drop — Can BTC break above $65K?
Bitcoin shows resilience amid Fed liquidity squeeze, targeting to break $65K for further gains. The Federal Reserve’s ...
22h
Ethereum could break out of underperformance against Bitcoin following Fed rate cut
Ethereum has largely underperformed in the current bull cycle, rising only about 8% against Bitcoin's 43% since the beginning ...
https//beincrypto.com
1d
Bitcoin Rallies as Goldman Sachs, Citi, Morgan Stanley Predict More Rate Cuts
The Fed's rate cuts boost Bitcoin and markets. Big banks, including Morgan Stanley and Goldman Sachs, offer differing impact ...
5d
Radical Fed Bombshell Predicted To Send Crypto Prices ‘Skyrocketing’ After Bitcoin Suddenly Crashes Under $60,000
The chief executive of Wall Street giant JPMorgan, Jamie Dimon, has warned the Federal Reserve and the U.S. dollar isn't "out ...
Money Morning
1d
Bitcoin Won't Shake this Annoying Trend Until November 6
The uncertainty that the markets are facing ahead of November’s elections is likely to cause investors to begin increasing ...
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