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Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting
21.3.2023
Bitcoin consolidated recent gains on March 21, as markets await the upcoming Federal Open Market Committee (FOMC) meeting. Many expect that the Federal Reserve will maintain rate hikes, however at a slower pace of 25 basis points. This comes after the U.S. announced it will explore measures...
Billionaire ‘Bond King’ Jeffrey Gundlach Expects Fed to Raise Rates Next Week — ‘That Would Be the Last Increase’
15.3.2023
Billionaire Jeffrey Gundlach, aka the “Bond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, which “would be the last increase,” he said. In addition, Gundlach cautioned: “The inflationary policy is back in play with...
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
14.3.2023
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after the central bank announced...
Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony
8.3.2023
The Fed chair said no decision has yet been made on the size of the coming March rate hike
Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’
2.3.2023
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes
23.2.2023
Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is “substantially” slowing. Bitcoin was also higher, as it rose...
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
23.2.2023
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot; bitcoin and ether rebound but are still in the red
Bitcoin Price Remains Lower After Release of FOMC Minutes
22.2.2023
The U.S. central bank raised its benchmark fed funds rate by 25 basis points at its most recent meeting
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of FOMC Minutes
22.2.2023
Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting profits. Ethereum has also declined, however remains above...
Bitcoin Price and Ethereum Prediction: Can FOMC Meeting Minutes Boost The Cryptocurrency Market?
22.2.2023
Bitcoin, the world's largest cryptocurrency, has failed to maintain its upward momentum and has fallen below $24,000 in the last 24 hours, dropping from its peak of $25,100 due to a significant reversal in the cryptocurrency market. Following Bitcoin's lead, Ethereum has also seen a gradual decline...
Bitcoin Price and Ethereum Prediction: Are BTC and ETH Poised for a Surge Ahead of FOMC Minutes Tomorrow?
21.2.2023
Bitcoin and Ethereum are two of the most widely traded cryptocurrencies in the market, with both having experienced a lack of volatility over the past few days. As investors and traders eagerly await the Federal Open Market Committee's (FOMC) minutes scheduled to be released tomorrow, the question...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross
20.2.2023
Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday...
Bitcoin Price and Ethereum Prediction: Will FOMC Meeting Minutes Impact BTC and ETH This Week?
20.2.2023
Bitcoin (BTC) and Ethereum (ETH), the two biggest cryptocurrencies in the world, continue to hold above the $24,000 and $1,600 marks, respectively. However, they experienced a slight decline this morning, with Bitcoin falling from $25,000 to $24,000.
The crypto market continues to fluctuate...
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
14.2.2023
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty...
Is BTC price about to retest $20K? 5 things to know in Bitcoin this week
6.2.2023
Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month
Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'
2.2.2023
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech
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, Ethereum Technical Analysis: ETH, BTC Marginally Higher Ahead of FOMC Meeting Results
1.2.2023
Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates by 25 basis points, taking current rates to 4.75%. Bitcoin was in the green on Wednesday,...
Bitcoin meets FOMC after 39% January gains with Fed path 'uncertain'
1.2.2023
The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy
Bitcoin Prices and Ethereum Prediction; The US FOMC and Fed Rate Today
1.2.2023
Bitcoin (BTC) and Ethereum (ETH) have been cruising along the market, with their prices staying above $23,000 and $1,500 respectively. This has contributed to an overall growth of the global crypto market cap which currently stands at $1.05 trillion, showing a 0.91% increase in the last...