Bitcoin raced to $62k as Fed teased September rate cut

Bitcoin surged by $1,100 in just 10 minutes after Federal Reserve Chair Jerome Powell shared dovish remarks during his Jackson Hole speech. “The time has come for policy to adjust,” Fed chair Powell said on Aug. 23 at Jackon Hole…

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Bitcoin jumps as Powell signals Fed policy adjustment

Powell's dovish stance and potential rate cuts could boost investor confidence, leading to rallies in risk assets like Bitcoin and other cryptocurrencies. The post Bitcoin jumps as Powell signals Fed policy adjustment appeared first on Crypto Briefing.

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Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes

Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.

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Bitcoin fails to rally from dovish FOMC meeting - Why?

BTC failed to rally despite a dovish FOMC meeting on 31st July.  July Jobs report on Friday could add volatility and set the next BTC price direction.  Bitcoin [BTC] decoupled from US equiThe post Bitcoin fails to rally from dovish FOMC meeting - Why? appeared first on AMBCrypto.

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Bitcoin Stuck in a Range – But Bullishness Remains

Bitcoin is still trading under $70,000 per coin, a nearly 400% increase from its late 2022 lows. The market is bracing for a volatile 2024 presidential election and a long-awaited dovish pivot from the Federal Reserve.

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Is Bitcoin Dogs worth buying as Pro says BTC returns ‘will come down’?

Bitcoin is in focus today after Robert Mitchnick of BlackRock Inc said returns coupled with the world’s largest cryptocurrency “will come down” moving forward. Is Mitchnick dovish on Bitcoin now? But that doesn’t mean he’s dovish on BTC at all.

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Bitcoin: Should you expect an '18-month' post-halving rally this year?

Massive retracement before the BTC halving event is “not unusual.” An extended rally always ensues the halving event, lasting 6-18 months. Bitcoin [BTC] rebounded following a dovish US FThe post Bitcoin: Should you expect an '18-month' post-halving rally this year? appeared first on AMBCrypto.

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Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars

Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.

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Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller

The recently hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.

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Bitcoin Could Reach $45K by Year-End, Analyst Says

Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.

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There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said.

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Analyzing the factors behind Bitcoin's recent rally

The smaller-than-expected U.S. Treasury supply estimate for Q1 2024 and Fed's dovish policy aided the rise. Market participants were bullish on Bitcoin at the time of writing. The crypto marThe post Analyzing the factors behind Bitcoin's recent rally appeared first on AMBCrypto.

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BTC price climbs above $28.6K as Bitcoin awaits ‘very dovish’ Fed Powell speech

Bitcoin may witness a “very dovish” move from Powell as high U.S. bond yields cause a stir, while BTC’s price passes $28,600.

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Bitcoin bounces from support ahead of the Fed’s decision

Bitcoin found support at $25k (again) YTD performance remains impressive A dovish Fed may trigger even more strength Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels.

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Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.

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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.

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Crypto price prediction: Arbitrum (ARB), EOS, VeChain

Cryptocurrency prices had a strong performance this week as Bitcoin jumped above $30,000 and Ethereum soared to over $2,000. This rally coincided with the ongoing dollar sell-off, the latest American consumer inflation data, Shapellla upgrade, and dovish Federal Reserve minutes.

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Crypto market faces potential $1 billion impact as Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon, and Solana experience significant price surge.

The first quarter of 2023 saw a significant surge in the prices of major cryptocurrencies such as Bitcoin and Ethereum, putting the crypto market in a pivotal moment. Bitcoin, in particular, almost doubled in value from its late 2022 lows due to the belief that the Federal Reserve could adopt a dovish stance.

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Will Bitcoin Price Return To $20,000? Here’s What Investors Expect

Bitcoin price is still trending comfortably above the $23,000 level as it maintains its bullish trend. This has continued for a couple of weeks now, propelled forward by the newly adopted dovish stance of the United States Federal Reserve.

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Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations

On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this.

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Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce

The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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No Let-Up in Demand for Bitcoin, Ether Puts After Dovish Fed Minutes

Puts tied to BTC and ETH continued to draw demand as the crypto market remained focused on the FTX contagion.

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No Letup in Demand for Bitcoin, Ether Puts After Dovish Fed Minutes

Puts tied to BTC and ETH continued to draw demand as the crypto market remained focused on the FTX contagion.

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Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy the Fact' Bounce

"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said.

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CoinShares: A dovish Fed and weaker dollar could benefit Bitcoin

Bitcoin (BTC) is likely to outperform in the face of a dovish flip from…

The post CoinShares: A dovish Fed and weaker dollar could benefit Bitcoin appeared first on CoinJournal.

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When Will The Federal Reserve Make A Policy Pivot?

Analysts are predicting the Federal Reserve will turn dovish, but timelines for this remain unclear. The Bitcoin Magazine Pro team shares their thoughts.

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Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close

The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry.

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Time for A Santa Claus Rally? Dovish-Leaning Fed Sends Bitcoin, Crypto, and Stocks Higher

Given that the market was less prepared for a dovish Fed, we could see a surprise sharp move higher and then a short-squeeze into the year-end or early January. The post Time for A Santa Claus Rally? Dovish-Leaning Fed Sends Bitcoin, Crypto, and Stocks Higher first appeared on BitcoinExchangeGuide.

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Risky Assets Rejoice: Bitcoin & Gold Spike and Stocks Hit Record High while Dollar Weakens on Powell’s Dovish Speech

While the Fed governor isn’t concerned about the “eye-popping price increases” in the housing market, saying, “I don't think any of this is financial excess,” Christopher Waller sees crypto as odd assets.

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Bloomberg Strategist Reveals Next Focal Point For Bitcoin Based On The U.S. Treasury 30-Year Yield

Bloomberg’s Mike McGlone has reckoned that he is dovish on Bitcoin for the second half of 2021. The senior commodity strategist at Bloomberg made the call asserting that if the U. S. treasury 30-year yield sustained below 2%, Bitcoin and Gold and long bonds would in response bolster.

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Crypto Market Surpasses $2T, Asset Manager Sees BTC As A “Hedge Against Higher Inflation” While ETH OI Doubles to $8.65B

ADA is now leading past $2 and just 15. 27% away from its peak, with Bitcoin and Ether still 28% and 25. 3% off of their respective ATHs. The dollar is staying firm near its highest level in four months as the Fed sets itself apart from more dovish central banks.

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Fed Promises to Keep Monetary Policy Loose; Interest Rate Near Zero & Inflation Above 2%

The dovish tone from the Fed is pushing the USD down, which has been falling throughout this month while the risk-on environment is good for both stocks and bitcoin. The post Fed Promises to Keep Monetary Policy Loose; Interest Rate Near Zero & Inflation Above 2% first appeared on BitcoinExchangeGuide.

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Bitcoin in a ‘Tricky Spot’ as USD Strengthens on The Fed’s Dovish Tone

Powell said, “We’re a long way from a full recovery” which has gold stuck while the S&P 500 having its steepest drop of 2.6% since October. The post Bitcoin in a ‘Tricky Spot’ as USD Strengthens on The Fed’s Dovish Tone first appeared on BitcoinExchangeGuide.

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Bitcoin Weekly Outlook: Price Hangs b/w Dovish Yellen and Rising Yields

Bitcoin started the new week on strong note, finishing higher on Monday amid speculative bets against Treasury secretary nominee Janet Yellen’s confirmation hearing in Washington, where she will make a case for large-scale fiscal budgets to cushion the economic fallout led by COVID-19.

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One Biggest Takeaway from Fed Meeting: There is no Bitcoin Bubble

Bitcoin closed above $20,000 on Wednesday for the first time in its lifetime, just as the Federal Reserve decided to preserve its dovish agenda for the coming years.

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Ex-Federal Reserve Chair Basically Called a Bitcoin Price Bull Run

This year, Bitcoin (BTC) has done astonishingly well. Year to date, the cryptocurrency’s price has gained some 200%, surging off an influx of positive news and the start of a new hype cycle.

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Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot

Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve's dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set […] The post Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot appeared first on CCN Markets

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Veteran Investor Interested in Purchasing Bitcoin against Gloomy Economy

A veteran investor who once called bitcoin a “real fraud” flipped his critical views amidst a gloomy macroeconomic outlook. Mark Mobius, the founder of Mobius Capital Partners LLP, said in an interview that he would probably buy bitcoin as a protection against the Federal Reserve’s dovish stance on the economy.

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Fears Regarding Global Economy May Have Sparked This Bitcoin Rally, But Will It Continue to Fuel It?

Bitcoin has been incurring significant volatility over the past few days, which is, in many ways, emblematic of the improving market conditions, as BTC surged from year-to-date lows of below $4,000 to recent highs of nearly $14,000.

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Bitcoin Price Rising Alongside Negative-Yielding Government Debt

The pool of government debt with negative yields pushed past the $13 trillion-level last week, after the dovish outlooks in both the US and Europe intensified concerns over the health of the economy.

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Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive

A dovish U.S. Federal Reserve is one of the reasons for the recent surge of bitcoin prices, according to Deutsche Bank lead strategist

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Bitcoin (BTC) At 2019 Highs, Is It Because of The FED’s Dovish Stance?

Bitcoin (BTC) prints double-digit gains Central banks could slash interest rates to avert a global recession, boosting risk assets in the short term & safe havens in the long term  Perhaps in anticipation of an economic slowdown and central banks intervening by cutting rates, data suggests fund managers are shifting capital to Bitcoin.

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Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies

James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.

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Dow, Bitcoin Teeter as Markets Wait for FOMC Bounce

Neither Dow futures nor the bitcoin price showed much conviction ahead of Wednesday’s US stock market open, as Wall Street pined for a dovish FOMC statement on interest rates and crypto traders waited for BTC to make its next major push.

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Dow Futures, Bitcoin Teeter as Markets Wait for FOMC Bounce

Neither Dow futures nor the bitcoin price showed much conviction ahead of Wednesday’s US stock market open, as Wall Street pined for a dovish FOMC statement on interest rates and crypto traders waited for BTC to make its next major push.

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