Here’s how the crypto market reacted to the Fed’s 0.25% cut

2024-12-20 13:53

After the Fed cut the interest rate by 0. 25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit.

On Dec. 19, the Federal Reserve reduced its….

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Источник: btcmanager.com

cut market → Результатов: 126


Bitcoin Price RSI Breakout Could Target $9K Short-Term

Bitcoin price has been trapped within a powerful downtrend that’s cut the leading cryptocurrency by market cap’s value by nearly 50% over the course of the last few months. Coinciding with the downtrend, Bitcoin’s Relative Strength Index has been confined below a decreasing trendline that the cryptocurrency has now broken out of, suggesting that a... The post appeared first on NewsBTC.

2020-1-6 19:00


Interest Rates Cut by Federal Reserve, Though A Pause Is Coming

Just as expected, the Federal Reserve approved a quarter-point interest rate cut today, which is the third cut that the authority has performed this year. The financial market was anticipating this vote, according to reports from CNBC, during which time the Federal Open Market Committee lowered the benchmark funds rate to 1.5% to 1.75%, which […]

2019-10-31 02:44


Dow Edges Higher After Mixed Jobs Report Cements Fed Rate Cut Odds

The Dow prepared to close the week firmly in negative territory, even though a mixed jobs report empowered the stock market to crawl to a moderate recovery for a second straight day. Nonfarm payrolls missed estimates for September, but upward revisions to the previous two months helped bring the unemployment rate down to a five-decade […] The post Dow Edges Higher After Mixed Jobs Report Cements Fed Rate Cut Odds appeared first on CCN.com

2019-10-4 16:35


Spring Labs To Create Blockchain Registry For $5.6B Energy Loans Market

Spring Labs, a blockchain-centered startup has acquired a license to track the liens registry in the $5.6 billion energy-efficiency loan market using DLT, reported Bloomberg. The main goal of the startup would be streamlining the loaning process using the decentralized tech to cut frauds and increase overall efficiency. As per the deal, four lenders under […]

2019-10-1 19:50


Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting

The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the US central bank will adopt its second straight interest rate cut. That move should bolster the stock market, but does it mean anything for bitcoin? Will Interest Rate Cut Ignite Bitcoin Price Boom? Nigel Green, the founder of $10 billion […] The post Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting appeared first on CCN.com

2019-9-17 18:43


Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you might want to listen up. Wien, who at the beginning of the year predicted the S&P 500 would advance 15 percent in 2019, is reportedly so impressed by the stock […] The post Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien appeared first on CCN Markets

2019-8-21 21:00


Market Watch: Bitcoin Could Launch To New Highs As Stocks Sink

Bitcoin has been making progress since the rate cut by the U.S Federal Reserve. Since then, Bitcoin has risen from $9,000 to over $12,000 and still pushing despite the crashing stock market. Bitcoin’s progress is not about to stop, as Bitcoin bull and head of research at Fundstrat, Tom Lee says the stock market may […] The post Market Watch: Bitcoin Could Launch To New Highs As Stocks Sink appeared first on ZyCrypto.

2019-8-8 20:23


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