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Bitcoin Surges Ahead of Fed Rate Cut
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,
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.
First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
US-listed crypto stocks jump after bumper rate cut from Fed
The move could revive interest in bitcoin, the most popular cryptocurrency, which often sways the entire sector as investors chase higher returns and dump safe-havens
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
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
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. The Federal Reserve on Wednesday reduced its key policy rate by half a percentage point, its first cut since March 2020 and the biggest cut in 16 years.
What Does The Fed's Interest Rate Cut Mean For Bitcoin? 50 Bps Cut Is The 'Sweet Spot,' Says Macro Analyst
The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO:
How the Fed's Rate Cut Sparks Crypto Rally and Unveils Hidden Risks
CoinDesk's Jennifer Sanasis dives into the Federal Reserve's recent 50 basis point rate cut and its impact on the crypto market, including a positive reaction from bitcoin and other major cryptocurrencies.
Bitcoin Surges Ahead of Fed Rate Cut: 5 Crypto-Centric Stocks to Gain
The crypto market has been struggling to stage a rebound. However, the enthusiasm surrounding rate cuts saw Bitcoin (BTC), the world’s most popular cryptocurrency, surging above $60,000 for the first time since last month.
17h
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 ...
Investopedia on MSN
13h
Bitcoin's Price Tops $63,000 After Yesterday's Rate Cut. What's Next?
Looser monetary policy could benefit
bitcoin
over the short term, analysts said, though that could reverse if the
Fed
...
22h
on MSN
Bitcoin price hits $62.6K as Fed ‘crisis’ move sparks US stocks warning
Bitcoin sees short-term relief with a BTC price trip above $62,500 — but long-term analysis warns on risk-asset losses.
Opinion
CoinDesk on MSN
1d
Opinion
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, ...
3d
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 ...
2d
How could the Fed meeting impact Bitcoin?
Historically speaking, Bitcoin has performed well following Fed rate cuts. In March 2020, Bitcoin rallied following the Fed’s ...
Internet of People
2d
Bitcoin price jumps to a three-week high
Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency sector and related ...
Inside Bitcoins
2d
Bitcoin Price Prediction As MicroStrategy Raises $700 Million And Elizabeth Warren Calls For Bumper Fed Rate Cut
Crypto All-Stars introduces an industry-first capability via its MemeVault protocol, which enables holders of top meme coins ...
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