How The Fed Rate Cut Could Make Bitcoin Volatile
The bitcoin market is bracing for a volatile month as the U.S. Federal Reserve’s anticipated interest rate cut looms large.
Dave Birnbaum, Contributor
Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability
With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch t…
Jamie Redman
Crypto products post $726M outflows amid rate cut uncertainty
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.
Cointelegraph by Helen Partz
US Fed Chair To Signal Support For Rate Cut In Upcoming Conference
The post US Fed Chair To Signal Support For Rate Cut In Upcoming Conference appeared first on Coinpedia Fintech News For the first time since 2020, the Federal Reserve finally seems to be on track to cut U.S. interest rates in September. The US Federal Reserve chair Jerome Powell is widely expected …
Nidhi Kolhapur
Bitcoin News Today: How the FED’s Potential Rate Cut Is Pushing BTC Higher
The post Bitcoin News Today: How the FED’s Potential Rate Cut Is Pushing BTC Higher appeared first on Coinpedia Fintech News After the Fed released FOMC minutes on Wednesday that signaled a possible rate cut next month, Bitcoin’s (BTC) price surged 2 percent to reach a daily high of about $61,830. T…
Nidhi Kolhapur
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are e…
Jamie Redman
Fed Official Discusses Potential Rate Cut in September
Bitcoin price neared $60,000 but did not surpass it. Fed member Gooslbee discussed the need to reconsider the current interest rate. Continue Reading:Fed Official Discusses Potential Rate Cut in Septe
COINTURK NEWS
Wharton Professor Urges Emergency 0.75% FED Rate Cut Now!
Wharton professor and famous economist Jeremy Siegel implored the Fed rate cut aggressively now
exbasi.com
Fed Plans to Cut Interest Rates
The Fed is cornered and must act. Poor employment data confirms economic slowdown. Continue Reading:Fed Plans to Cut Interest Rates The post Fed Plans to Cut Interest Rates appeared first on COINTURK
COINTURK NEWS
China’s Interest Rate Cut Boosts Cryptocurrency Market
China's interest rate cut surprised and boosted the crypto market. Analysts predict Bitcoin will break a new all-time record by September.Continue Reading:China’s Interest Rate Cut Boosts Cryptocurren
COINTURK NEWS
China’s Interest Rate Cut Boosts Cryptocurrency Market
China's interest rate cut boosts cryptocurrency market. BTC price is above $67,000, with potential for new records.Continue Reading:China’s Interest Rate Cut Boosts Cryptocurrency Market
COINTURK NEWS
China’s Interest Rate Cut Boosts Cryptocurrency Market
China's interest rate cut surprises and boosts cryptocurrency prices. Experts predict Bitcoin may reach new all-time highs by September.Continue Reading:China’s Interest Rate Cut Boosts Cryptocurrency
COINTURK NEWS