Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step

November 24, 2024 Bitcoin.com

bitcoin.com

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 […]

Massive ,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?

November 15, 2024 Coin Telegraph

Bitcoin corrects as US inflation data emerges — Is the rally to 0K at stake?

Coin Telegraph

Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies.

Bitcoin (BTC) traded down by 4.1% on Nov. 14 following US inflation data that marginally exceeded market expectations. This decline mirrored the S&P 500 index futures, which fell from 6,023 to 5,980 over four hours.

As a result, traders are now questioning the extent of this correlation and when Bitcoin’s inflation-hedging attributes might offer some protection in an environment of persistent inflation.

S&P 500 index futures (left) vs. Bitcoin/USD (right). Source: TradingView

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record

November 7, 2024 Coin Telegraph

Bitcoin

BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest-rate decision.

Bitcoin is consolidating at $75,000 on Nov. 7 as markets gear up for a United States macro event.

BTC/USD 1-hour chart. Source: TradingView

Bitcoin’s (BTC) price action reached new record highs of $76,480 on Bitstamp before a modest pullback, data from Cointelegraph Markets Pro and TradingView confirmed.

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Bitcoin price metrics align to project further upside for BTC

November 6, 2024 Coin Telegraph

Adoption

Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.

Bitcoin (BTC) surged by 10.5% to hit a new all-time high at $75,350 from Nov. 5 to Nov. 6 following former US President Donald Trump's win in the 2024 election.

Despite the recent price fluctuations, the market is demonstrating a strong foundation that supports continued growth. Bitcoin derivatives highlight the robust improvement in sentiment and the absence of excessive leverage, which are essential for gains above $75,000.

Bitcoin 2-month futures annualized premium. Source: Laevitas.ch

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

September 28, 2024 Bitcoin.com

bitcoin.com

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 […]

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

September 18, 2024 Bitcoin.com

bitcoin.com

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 […]

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut

September 18, 2024 Coin Telegraph

Bitcoin

Bitcoin price rallies to $61,000 after the US Federal Reserve cuts rates by 50 basis points for the first time since 2020.

Bitcoin rallied above $61,000 following the United States Federal Reserve’s decision to cut interest rates by 50 basis points. The Fed’s decision to cut rates for the first time since 2020 is a move long predicted by crypto traders, and most anticipate Bitcoin and the wider cryptocurrency market to benefit from the policy reversal.

Data from Cointelegraph Markets Pro and TradingView followed BTC’s price action as it reacted to the rate cut decision even as the market awaited accompanying commentary from Fed Chair Jerome Powell.

BTC/USD 15-minute chart. Source: TradingView

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Trio of US Senators Including Elizabeth Warren Ask Fed Chair Jerome Powell To Cut Rates by 75 Basis Points

September 18, 2024 The Daily Hodl

Daily Hodl

A trio of Democratic senators want the U.S. Federal Reserve to cut the federal funds rate by 75 basis points this week. In a public letter penned to Fed Chair Jerome Powell, Elizabeth Warren (D-Massachusetts), Sheldon Whitehouse (D-Rhode Island) and John Hickenlooper (D-Colorado) argue that recession risks and a softening labor market justify significant rate […]

The post Trio of US Senators Including Elizabeth Warren Ask Fed Chair Jerome Powell To Cut Rates by 75 Basis Points appeared first on The Daily Hodl.

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

BTC price slips from $60K as Bitcoin traders brace for FOMC ‘fireworks’

September 18, 2024 Coin Telegraph

Bitcoin

Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years.

Bitcoin (BTC) dipped at the Sept. 18 Wall Street open as crypto markets anticipated the United States Federal Reserve interest rate decision.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed a 1% BTC price drop accompanying the start of the US trading session.

Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Supply

Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

September 18, 2024 Bitcoin.com

Bitcoin

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 […]

FOMC

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