Bitcoin surges past $64k as expectations for monetary easing rise

Bitcoin continued its upward trajectory late Tuesday, surpassing $64,000 as traders anticipate further monetary easing measures from central banks around the world. The growing expectation of a second consecutive 50 basis point interest rate cut by the US Federal Reserve in November has provided a strong tailwind for the cryptocurrency market. At press time, Bitcoin […]

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Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow

Traders Tuesday pushed expectations of a second consecutive 50 basis point rate Fed rate to 60%.

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Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations

"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex

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Fed Easing Cycles: Investors’ Initial Expectations Versus Final Outcomes

A look at investor expectations on the size of Fed rate cuts over past cycles versus what actually happened.

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Why Bitcoin could chop and drop despite Fed rate cut expectations

Per Hayes, BTC could drop below $50k despite the expected Fed rate cut.  Financial institutions are reportedly parking money into the Fed’s RRP for higher yields instead of risk assets like The post Why Bitcoin could chop and drop despite Fed rate cut expectations appeared first on AMBCrypto.

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Bitcoin could dip to $45,000 after rate cuts – Bitfinex

Rate cuts may lead to short-term Bitcoin volatility, but long-term bullish trends could emerge as economic confidence and liquidity expectations shift. The post Bitcoin could dip to $45,000 after rate cuts – Bitfinex appeared first on Crypto Briefing.

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Bitcoin funds see $319 million in outflows as US economic data strengthens

Strengthened US economic data may lead to increased sensitivity in crypto markets, impacting investment strategies and interest rate expectations. The post Bitcoin funds see $319 million in outflows as US economic data strengthens appeared first on Crypto Briefing.

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Crypto products hit with $305M outflow amid strong US economic data

CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.

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Widespread negative crypto sentiment ‘evident’ across regions, CoinShares says

Digital asset investment products experienced multi-million outflows last week, driven by reduced expectations of a U.S. interest rate cut following stronger economic data. The crypto market is seemingly gripped by widespread negative sentiment “across various providers and regions,” as digital…

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Bitcoin inflows surge to $543 million after Powell’s dovish comments

Bitcoin's sensitivity to interest rate expectations highlights its potential volatility and influence on broader crypto market dynamics. The post Bitcoin inflows surge to $543 million after Powell’s dovish comments appeared first on Crypto Briefing.

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Coinbase analysts doubt rate cuts will drive market movement

Crypto markets remain stagnant despite expectations of Fed rate cuts, with Coinbase analysts warning that monetary easing alone is unlikely to drive a recovery. Coinbase analysts question whether monetary easing will act as a catalyst for market recovery, despite traditional…

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Bitcoin is bullish because rate cuts are coming: Bitfinex

Analysts at Bitfinex suggest that the latest Consumer Price Index (CPI) data aligns with expectations, bolstering the case for a Federal Reserve rate cut in September. Based on the latest CPI data released on Aug. 14, it seems that the…

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Bitcoin gains as May CPI data shows moderate inflation numbers

Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3. 3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year.

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U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.

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U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses

BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.

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U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High

Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.

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Bitcoin Could Lift to $83K in the Coming Days, Analyst Says

The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.

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Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders

Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away.

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Bitcoin surges above $60,000 following jobs report

Quick Take Trading Economics data shows that the unemployment rate edged up to 3. 9% in April, surpassing expectations of holding steady at 3. 8%. Unemployment has been below 4% since February 2022.

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Bitcoin price wobbles ahead of Fed’s rate decision

Bitcoin fell below $60,000 amid expectations of a hawkish Fed.

The post Bitcoin price wobbles ahead of Fed’s rate decision appeared first on Crypto Briefing.

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Marathon Digital’s hash rate is pulling ahead of expectations a week after the halving

Bitcoin miner Marathon Digital is ahead of schedule, now expecting to reach 50 EH/s of mining power by end of 2024 instead of 2025. The post Marathon Digital’s hash rate is pulling ahead of expectations a week after the halving appeared first on Crypto Briefing.

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No Fed Rate Cuts? No Worries For Bitcoin, Says Research Firm

As the US economy grapples with rising inflation expectations and scaled-back forecasts for Federal Reserve rate cuts, the Bitcoin market remains buoyant, according to a detailed analysis by Reflexivity Research.

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Gold Rally Defies Easing Rate-Cut Expectations

Gold prices have been setting record highs in recent weeks despite easing expectations on the number of rate cuts this year.

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U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y

Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.

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Bitcoin and gold are becoming increasingly correlated in conservative investment strategies

In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to monetary policy and interest rate cuts.

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Investors bullish crypto and tech stocks, BofA says

Investors poured billions into tech stocks and doubled their crypto investments on expectations of Fed rate cuts and economic resilience. A research report conducted by the Bank of America Global Research team indicates that investors have been actively buying tech…

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Crypto market, Bitcoin go bearish following US CPI report

The global crypto market and the leading cryptocurrency, Bitcoin (BTC), registered a slight decline as the U.S. Consumer Price Index (CPI) data exceeded expectations. According to data from the CME Group, the CPI annual rate dropped from 3.4% to 3.1%…

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Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

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Will Bitcoin Drop to $40,000 After Higher Than Expected CPI?

Unexpected US inflation data has led to a $60 billion loss in cryptocurrency market capitalization, cooling expectations for a Federal Reserve rate cut and causing Bitcoin to fall below $50,000. The post Will Bitcoin Drop to $40,000 After Higher Than Expected CPI? appeared first on BeInCrypto.

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Bitcoin retreats below $49k as CPI release dashes hope of rate cuts

Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data.

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Bitcoin holds above $34K despite surprise uptick in US unemployment

Quick Take The latest U. S. jobs data reflected a perceptible deviation from consensus expectations, leading to subtle reverberations in the crypto market. The unemployment rate for October was anticipated to hold steady at 3.

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Bitcoin remains above $34,000 as Fed keeps rates steady

Quick Take In accordance with market expectations, the Federal Reserve maintained a steady stance in its recent meeting, holding the federal funds rate constant between 5. 25 and 5. 50. A significant takeaway from this meeting is the indication of the monetary policy’s direction for the near future.

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Bitcoin's greed index hits 72, is a correction looming?

Bearish sentiment around BTC has been on the rise.  Bitcoin's growth rate slowed down in the last 24 hours.  As the crypto market initiated its bull rally, investors' expectations, especiaThe post Bitcoin's greed index hits 72, is a correction looming? appeared first on AMBCrypto.

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US Q3 GDP growth beats expectations as ECB holds steady

Quick Take Recent macroeconomic data highlights significant events in the international fiscal landscape. The European Central Bank (ECB) held its gun, maintaining the interest rate at the anticipated 4.

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The 10-2 Treasury yield spread: A harbinger of economic downturn?

Treasury yields are one of the most important market drivers and indicators. Representing the return an investor will receive by holding a government bond to maturity, these yields provide a snapshot of investor sentiment, future interest rate expectations, and the overall economic health of a nation.

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U.S. Added 336K Jobs in September, Nearly Doubling Expectations; Bitcoin Slips 1%

The unemployment rate TKTK

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Chancer presale at the $2M mark as expectations of Fed’s rate pause boosts Bitcoin

Chancer has raised $1. 99 million in a presale The presale could benefit from improved crypto sentiment as BTC recovers to $27K Chancer carries a more than 10x gain in the future. Chancer has raised over $1.

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Bitcoin holds steady amid surprising U.S. unemployment surge and dollar dip

Quick Take The recent rise in the U. S. unemployment rate from 3. 5% to 3. 8%, despite projections of it holding steady, has presented an intriguing scenario in the financial sector. This increase has occurred alongside a surge in non-farm payrolls, which exceeded expectations by reaching 187,000 instead of the anticipated 170,000.

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SHIB Burn Rate Jump 1,100% Amid Expectations Of Shibarium Relaunch

Off the back of the much-anticipated Shibarium launch, the SHIB burn rate has seen a tremendous rise. This surge in the burn rate comes despite the Layer 2 blockchain running into problems on the day of its launch last week, and still being in private mode.

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Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI

Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risk assets, including bitcoin.

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Mr Hankey Coin Looks Bullish on IEO Today After $500k Shitcoin Presale Sold Out in 9 Hours

Mr Hankey Coin ($HANKEY), now being dubbed as one of the most successful shitcoins, has just surpassed all forecasts and expectations. The highly anticipated presale ended swiftly following just 10 hours with $500k worth of the viral shitcoin being sold at an unprecedented rate.

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U.S. Added 209K Jobs in June, Missing Expectations for 230K

The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.

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US Q1 GDP comes in hot at 2.0%

Quick Take The first quarter of the year witnessed the U. S. GDP outperforming expectations by landing at a 2. 0% growth rate, surpassing the anticipated forecast of 1. 4%. The impressive performance runs in tandem with the recent U.

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Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause

Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases.

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Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening

"I don't really see a compelling reason to pause rate hikes," Fed's Mester said, validating the recent hawkish repricing of interest rate expectations in the U.S.

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U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls

The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.

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Market uncertainty on Fed rate decision persists as yields rise

Quick Take The market uncertainty of what the Federal Reserve will do next is obvious, as expectations are now almost a 50/50 split between a pause or a 25bps rate hike at the upcoming FOMC on May 3.

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Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation

The U.S. central bank confirmed expectations of raising the rate by 25 basis points.

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MacroSlate Weekly: Bitcoin shines through banking failures, bailouts

Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapter 11 bankruptcy Credit Suisse and First Republic Bank continue to be provided with liquidity Fed initiated stealth QE as balance sheet grows […] The post MacroSlate Weekly: Bitcoin shines through banking failures, bailouts appeared first on CryptoSlate.

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