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Bitcoin Pumps To $61,000, Then Retraces After Fed Aggressively Cuts Interest Rates For First Time In Four Years

Bitcoin rallied above the $61,000 price point on Wednesday following the United States Federal Reserve’s decision to lower its benchmark interest rates by 50 basis points, marking the first rate cut since 2020 after the world’s most important central bank’s most aggressive hiking cycle. дальше »

2024-9-19 00:35


Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. дальше »

2024-9-10 12:00


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Bitcoin’s dual nature: shifting between risk-on and risk-off amid market turbulence

Quick Take The latest US inflation data has surprised analysts, with headline inflation year-over-year (YoY) coming in at 3. 5% — 0. 1% above forecasts. The development is significant considering the Federal Reserve’s most aggressive hiking cycle in decades, according to Statista, which aimed to tame the rampant inflation that the central bank initially claimed was transitory. дальше »

2024-4-11 04:00