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Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
10.2.2023
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
1.2.2023
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated...
Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Can BTC Reach $30,000 This Month?
1.2.2023
As the Federal Reserve announces its interest rate decision, many investors are looking to the future of Bitcoin and asking: can BTC reach $30,000 this month?
The Federal Reserve announced on Wednesday that its key short-term interest rate would go up by a quarter point, which was less than...
Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance
1.2.2023
Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
17.1.2023
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets
Why is Ethereum (ETH) price up today?
9.1.2023
Ethereum's price is up today with most options traders anticipating a run toward $3,500-$4,000 before April 2023
Macroeconomic data points toward intensifying pain for crypto investors in 2023
6.1.2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision
15.12.2022
Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also...
Bitcoin Price Prediction as US Fed Interest Rate Decision is Announced – Can BTC Pump Up 50% This Week?
15.12.2022
Following the release of the Fed rate hike decision, which is strengthening the US dollar and eventually causing a drop in BTC price, Bitcoin price prediction has turned bearish. Bitcoin price reached a high of $18,400 before a negative reaction. Now, BTC is trading close to a crucial support...
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
'Biggest week of the year' — 5 things to know in Bitcoin this week
12.12.2022
Bitcoin price action, sideways since FTX, could see snap volatility thanks to the "most important" CPI print of the year
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
1.12.2022
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too "cocky" on Bitcoin
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
24.11.2022
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
5.11.2022
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate...
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy
3.11.2022
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy,...
Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike
2.11.2022
The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...
Bitcoin Price Prediction as Federal Reserve Interest Rate Decision Announced
2.11.2022
During the European session, the Bitcoin price prediction remains bullish following the Federal Reserve's interest rate decision. ...
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Bitcoin, Ethereum Technical Analysis: ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot
2.11.2022
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve interest rate decision. Bitcoin was also in the red, and remains below $20,800. Bitcoin...