2021-6-25 19:13 |
Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991. origin »
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Oil and Bitcoin rebounded in tandem after falling to record lows earlier this week. International benchmark Brent crude surged more than 11 percent to $37. 13 per barrel after its most significant fall since the 1991 Gulf War on Monday.
2020-3-10 17:58 | |
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The latest Fed minutes highlighted divergent views on economic priorities: protecting the labor market vs. staying committed to the 2% inflation target.
Crypto markets largely shrugged while the Fed argued. Historically, crypto prices typically decline during rate increases and rise during rate cuts.
Trump is expected to announce Jerome Powell’s successor before Christmas, accelerating uncertainty around future Federal Reserve policy.
Kiyosaki accused Wall Street of promoting paper assets that benefit insiders. He said gold, silver, and Bitcoin provide value outside institutional control. His Bitcoin forecast puts the price at $250,000 by 2026.
Bybit’s analysis notes the initial tailwind from Fed easing was quickly tempered by Powell’s refusal to pre-commit for December, leaving institutional options traders firmly in a defensive, hedged posture.
Bitcoin Magazine Bitcoin Price Crashes Down to $106,000 As Red Week Continues Bitcoin fell over 3% to around $107,000 on Thursday as traders continued to react to Powell’s cautious outlook on rate cuts and renewed U.
The Federal Reserve reduced interest rates by 25 basis points while announcing an end to quantitative tightening starting December 1st, causing immediate turbulence in cryptocurrency markets. The post Fed Cuts Rates 0.