Bitcoin, US stocks decline as Powell signals slower rate cuts

2024-10-1 15:00

BTC dropped 3.5% on Monday following Powell’s remarks on Fed rate cuts.  The asset held above key short-term support at $63K, but will it continue to hold?  Bitcoin [BTC] and US stocks dThe post Bitcoin, US stocks decline as Powell signals slower rate cuts appeared first on AMBCrypto.

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rate cuts bitcoin powell stocks signals slower

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Dump These Dow Stocks When the Fed Cuts Rates Wednesday: CNBC Report

The Federal Reserve is poised to cut the base rate on Wednesday for the first time since the global financial crisis. The big question is what happens to the Dow and the S&P 500? Which Dow stocks will benefit from monetary easing at the Fed and which will suffer? CNBC tracked the stock market’s performance […] The post Dump These Dow Stocks When the Fed Cuts Rates Wednesday: CNBC Report appeared first on CCN Markets

2019-7-30 15:23


Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets.

2019-6-7 11:28