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,
Crypto Bullish on 50 BPs Fed Rate Cut, Says Asymmetric CEO
Joe McCann, CEO of crypto hedge fund Asymmetric, believes a large interest rate cut by the U.S. Federal Reserve would benefit crypto markets.
Bitcoin, ether, other crypto prices surge after jumbo Fed rate cut
Bitcoin (BTC-USD) and other major cryptocurrencies jumped in Thursday morning trading after the Federal Reserve delivered its first interest-rate cut since the onset of the pandemic and signalled further policy easing as the year draws to a close.
Bitcoin targets $63k as crypto market awakens after Fed rate cut
Bitcoin (BTC) has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points. The next resistance is at $63k.
Crypto Market Rallies Higher As BofA Predicts 0.75% Fed Rate Cut In Q4
The crypto market surged on Thursday, with Bitcoin and Ethereum leading the gains, as Bank of America (BofA) revised its Fed rate cut forecast.
Crypto Markets to See $1.6 Billion in Bitcoin, Ethereum Options Expire After Fed Rate Cut
Nearly $1.6 billion in Bitcoin and Ethereum options are expiring this week, following the Federal Reserve’s recent rate cut of 50 bps.
US-listed crypto stocks jump after bumper rate cut from Fed
U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut boosted risk appetite, adding to the momentum of an industry that has already secured some big wins this year.
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.
With Fed Rate Cuts Imminent, Here's Which Crypto Sector Could Benefit The Most, According To Bernstein
Potential Federal Reserve rate cuts could rekindle the crypto credit markets and renew interest in DeFi and Ethereum (CRYPTO: ETH), Bernstein an
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.
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Bank of Japan Keeps Interest Rates Unchanged Unlike Fed & HK
The Bank of Japan has decided to keep its interest rate unchanged after US Fed cut rates by 50 bps, and Hong Kong slashed ...
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Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
Arthur Hayes, chief investment officer of Maelstrom and co-founder of BitMEX, has made a bold statement that risk assets, ...
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 ...
The Crypto Market’s Steady Ascent
The turnaround in market sentiment has helped Solana, which has rallied around 20% from the lows seen just before the Fed ...