Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K
WEB1 day ago · Bitcoin traded near $60,000 after Fed cut rates by 50 basis points. Fed members expect median benchmark rates to come down to 4.4% by year-end. Markets' appetite for risk assets would be key to ...
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 Climbs With US Equity Futures as Traders Digest Fed Cut
WEB1 day ago · September 18, 2024 at 10:31 PM EDT. Bitcoin hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets. The digital token ...
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline - CoinDesk
WEB2 days 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 Gains After Fed Cut Raises Appeal of Riskier Assets
WEB1 day ago · September 18, 2024 at 2:07 PM EDT. Save. Bitcoin rose after the Federal Reserve reduced borrowing rates for the first time since the Covid pandemic paralyzed the economy more than four years ago ...
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 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 ...
Bitcoin jumps while Dow falls ahead of the Fed’s ... - MarketWatch
WEB3 days ago · Bitcoin jumped Tuesday, a day ahead of the Federal Reserve’s key decision on interest rates, as traders expect the central-bank policymakers to deliver their first rate cut in four years. was up ...
Markets see 0.5% Fed rate cut — 5 Things to know in Bitcoin this …
WEB4 days ago · BTC price weekly close brings bulls down to earth. Bitcoin came under pressure into the Sept. 15 weekly close, costing bulls both $60,000 and a chunk of the week’s recovery. Data from ...
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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