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Bitcoin, Fed
Bitcoin's volatility intensifies as Fed slashes interest rates ahead of 2024 election
Despite short-term fluctuations, Packham remains optimistic about bitcoin’s long-term outlook. "Bitcoin has a habit of surprising everyone," he said, adding that historical trends suggest a bullish movement next year, regardless of the election outcome.
What The Fed’s Rate Cut Means For Bitcoin
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of the U.S. economy.
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.The price of bitcoin was recently higher by 5% at $63,
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by
Bitcoin on track to rise on weekly basis as Fed delivers jumbo rate cut
Bitcoin is set to rise on a weekly basis following a Fed rate cut, with investors embracing risk-on sentiment in the crypto market.
Bitcoin, Ethereum, and Dogecoin Surge Higher After Fed Cuts Rates
The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin ( BTC 5.43%) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum ( ETH 6.40%) is up 7.6% to $2,470, and Dogecoin ( DOGE 4.93%) is up 6.3% to $0.1068.
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
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-on assets even as some investors tout their use as safe havens.
Bitcoin jumps 6% after Fed cuts rates by 50 basis points
Bitcoin climbs 6% to $63,000 after the Federal Reserve cuts rates by 50 basis points, boosting investor optimism.
Bitcoin Surges after Fed Rate Cut but Bank of Japan Holds Steady
As of publication, BTC has surged 1.66% over the past 24 hours and was seen trading at $63,434. The Fed’s move has also lifted the overall crypto market, with the total market cap rising 2% in response.
Why US Fed rate cut is set to increase appetite for cryptos
The US Federal Reserve’s rate cuts are positive for risk-taking by investors and will boost sentiment towards Bitcoin and other cryptocurrencies, according to experts. Lower interest rates usually help to spur an increase in demand for riskier assets,
2d
on MSN
Bitcoin Hits Three-Week High as Fed Spurs Demand for Risk Assets
Bitcoin touched a three-week high alongside a jump in global equities as an outsized Federal Reserve interest-rate cut ...
5d
Radical Fed Bombshell Predicted To Send Crypto Prices ‘Skyrocketing’ After Bitcoin Suddenly Crashes Under $60,000
The chief executive of Wall Street giant JPMorgan, Jamie Dimon, has warned the Federal Reserve and the U.S. dollar isn't "out ...
cryptonews
1d
Is Altcoin Season Upon Us? Fed Rate Cut Spurs Investors to Go Risk-On
The US Fed's decision to ease interest rates by 50 basis points has pushed investors to risk assets, raising altcoin season ...
Crypto Briefing
1d
Fidelity adds 5K Bitcoin in the past week, now holds nearly 1% of all BTC
Fidelity now holds nearly 1% of all BTC after purchasing 5,000 more, valuing their total holdings at $11 billion.
https//beincrypto.com
1d
Bitcoin Rallies as Goldman Sachs, Citi, Morgan Stanley Predict More Rate Cuts
The Fed's rate cuts boost Bitcoin and markets. Big banks, including Morgan Stanley and Goldman Sachs, offer differing impact ...
1d
VanEck Mid-September 2024 Bitcoin ChainCheck: 1-Year Review Edition
Bitcoin's performance surpasses nearly every other major asset class, but some investors have been spooked by the recent ...
The Tech Report
1d
Forex Analyst – Bitcoin Spikes to $63K Due to Fed Slashing Interest Rates & Trump’s Crypto Exchange
Coinciding with the Fed cutting interest rates and Trump launching a crypto exchange, Bitcoin spiked by 12% – a coincidence?
CoinDesk on MSN
1d
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
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