Wharton professor Siegel urges 75bps rate cut as crypto plunges

2024-8-6 17:34

Wharton professor Jeremy Siegel called for the Federal Reserve to deploy an emergency rate cut as liquidity fled cryptocurrencies and global markets on recession fears. Cryptocurrency markets dropped over $300 billion in 24 hours as assets like Bitcoin (BTC) and…

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CUTcoin (CUT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.47 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 174.973m CUT / 200m CUT

cut professor wharton markets rate siegel cryptocurrency

Источник: btcmanager.com

cut professor → Результатов: 2


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

$200m in crypto liquidated following 50bps Fed rate cut

The cryptocurrency market witnessed an impressive bullish momentum after the long-awaited rate cut by the U.S. Federal Reserve, bringing increased liquidations. According to data provided by Coinglass, the total crypto liquidations surged by 46% over the past day, reaching almost…

Expert consensus foresees 25bps cut and short-term volatility

Ahead of the Federal Reserve meeting, markets weighed the expected rate cuts and how asset prices might react over the coming months. Of 114 economist opinions polled by Bloomberg, 104 experts predicted the Federal Reserve would cut funding rates by…

How can the upcoming FOMC meeting impact on crypto?

With the FOMC meeting around the corner, could a rate cut provide the liquidity boost Bitcoin needs to rally, or will a smaller cut lead to market jitters? All eyes on FOMC meeting The Federal Open Market Committee is gearing…

Sen. Warren advises 75bps Fed cut on recession fears 

Despite rhetoric about a strong U.S. economy, three Democratic Senators urged the Federal Reserve to implement an aggressive monetary policy shift. Crypto-skeptic U.S. Senator Elizabeth Warren of Massachusetts called on the Federal Reserve and its chair, Jerome Powell, to slash…

Crypto exchange volume in August surged 30% MoM

Despite declining crypto prices last month, centralized exchange volumes saw an uptick in activity.  Data from centralized crypto exchanges showed a 30% month-on-month increase in August, even as Bitcoin (BTC) and other digital assets experienced a historical downtrend. August and…

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.