Fed

The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets reacted with notable volatility. Bullish Outlook For Bitcoin Just moments ago, the Fed disclosed its decision to reduce the federal funds rate by 0.50 percentage points (bps) for the first time in four years, marking a pivotal shift since the onset of the COVID-19 pandemic. …

Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its latest interest rate decision later today by 2 pm ET The Looming Rate Cut And The Beforemath So far, current market sentiment points towards a 50 basis-point rate…

As the crypto community awaits the Federal Reserve’s (Fed) rate cut announcement on September 18, the stakes are high for Bitcoin (BTC) and the broader financial landscape. This upcoming decision marks the first central bank rate cut since the Fed slashed its key rate to near zero in March 2020 amid the COVID-19 pandemic.  Will A 50bps Cut Spark A Bitcoin Bull Run? According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate…

With the Federal Reserve expected to announce a 50 basis points rate cut in their meeting on Wednesday, the price of Bitcoin (BTC) is likely to be very volatile. Will this be the signal for Bitcoin to start climbing higher? Bigger Fed rate cut looking more likely The chances of a 50 basis points rate hike, to be announced in the Federal Reserve FOMC meeting on Wednesday, have grown impressively over the past few days. Market expectations have swung dramatically,…

As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18, where a 0.50% rate cut could significantly impact its price. BTC’s Future Hangs In Balance Recent insights from crypto analyst Doctor Profit suggest that the…

The post Bitcoin Price Targets $60K Ahead of FED Meeting: Will Interest Rate Hike Fuel the Rally? appeared first on Coinpedia Fintech News Bitcoin has successfully defended the $55,000 mark and is now bouncing back, currently testing the $58,000 level. Traders are eagerly eyeing the $60,000 area, which is seen as a critical resistance point. If Bitcoin holds above this, it could signal stronger upward momentum, further fueling optimism in the market. But is this a sign of calm before…

The post XRP News: Ripple CLO Blasts Fed, Reveals Who’s Really Laundering Billions appeared first on Coinpedia Fintech News Amid rising fears about money laundering in crypto and exchanges, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is setting the record straight! In a fiery post on X, Alderoty called out the U.S. Federal Reserve and SEC for unfairly targeting crypto. He pointed out that traditional finance, like the New York Fed, has been just as guilty of facilitating illicit transfers.…

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. However, there is a possibility that by initiating…

The Federal Reserve’s potential decision to cut interest rates by 50 basis points at its upcoming meeting could have unintended consequences for Bitcoin. While lower interest rates typically boost risk assets, such as cryptocurrencies, the scale of this cut could signal deeper economic concerns that might make investors more cautious. How Fed Rate Cuts Could Impact Bitcoin Historically, the Fed has favored smaller moves, typically opting for 25 bps adjustments. However, the possibility of a 50 bps cut has gained…