What The Fed’s Rate Cut Means For Bitcoin
WEB1 day ago · Getty Images. The Federal Reserve cut interest rates by 50 basis points today (bps), bringing the federal funds rate to a range of 4.75% to 5%. The aggressive rate cut, doubling the widely ...
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say …
WEB1 day ago · Bitcoin is trading near $62K, up 2.4% in the last 24 hours. The CoinDesk 20 (CD20) , a measure of the largest digital assets, is up 3.4%. The broader crypto market moved higher.
Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin …
WEB1 day ago · Fed members expect median benchmark rates to come down to 4.4% by year-end. The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the ...
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
WEB22 hours ago · An hour after the Federal Reserve’s historic announcement declaring that interest rates would be slashed by a half-percentage point on Wednesday, bitcoin jumped from $59,500 to $61,000.
Bitcoin's Price Tops $63,000 After Yesterday's Rate Cut
WEB18 hours ago · The price of Bitcoin (BTCUSD) jumped over $63,000 Thursday following a Federal Reserve interest-rate cut. The Fed's yearslong fight against inflation saw rates rise to a 23-year high. Wednesday's ...
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline - CoinDesk
WEB1 day ago · The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline. Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm ...
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
WEB1 day ago · The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk ...
Bitcoin climbs with US equity futures as traders digest Fed cut
WEB1 day ago · In this article: (Bloomberg) — Bitcoin (BTC-USD) hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets. Most Read ...
Bitcoin stays above $60,000 after Fed’s jumbo rate cut
WEB1 day ago · DXY. 0.04%. BTCUSD. 0.10%. ETHUSD. 0.00%. Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. The Federal Reserve on Wednesday reduced its key policy rate by ...
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC ...
WEBSep 9, 2024 · An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a...
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