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Bitcoin Surges Ahead of Fed Rate Cut
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, 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.
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.
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.
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.
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
An hour after the Federal Reserve’s historic announcement declaring that interest rates would be slashed by a half-percentage point on Wednesday, bitcoin jumped from $59,500 to $61,000. It is currently trading at more than $63,000 at the time of writing, representing an approximately 6% increase from yesterday's price.
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
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:
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) -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.
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.
22h
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 ...
CoinTelegraph on MSN
2d
Bitcoin price can see $64K 'very quickly' on Fed rate cut — Research
“This Hawkish regime also coincided with
Bitcoin
’s collapse from $60K to $15K. We are now at the start of the exact ...
FXStreet
34m
Bitcoin Weekly Forecast: Fed-led rally could have legs towards $65,000
US spot
Bitcoin
ETFs posted $305.20 million in inflows until Thursday.
Bitcoin
(BTC) has risen 7% so far this week, ...
coinspeaker
1h
Bitcoin (BTC) Price Hits Major Resistance Level Around $64K amid Rising Demand from Whale Investors
The US spot Bitcoin ETFs registered a net cash inflow of over $158M on Thursday, amid the changing economic outlook.
4d
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 ...
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