Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains
The central bank took note of "modest" progress towards returning to 2% inflation.
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Jun 12, 2024 at 6:14 p.m. UTC
Jun 12, 2024
FOMC
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Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
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Jun 12, 2024 at 7:56 a.m. UTC
Jun 12, 2024
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Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.
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Jun 11, 2024 at 5:11 p.m. UTC
Jun 11, 2024
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Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.
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May 3, 2024 at 4:55 p.m. UTC
May 3, 2024
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
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Mar 20, 2024 at 6:19 p.m. UTC
Mar 20, 2024
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Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut
"The market has gotten ahead of itself on the rates side," said one analyst.
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Jan 31, 2024 at 10:28 p.m. UTC
Jan 31, 2024
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Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Investors will monitor Fed Chair Jerome Powell's press conference Wednesday for signs of potential rate cuts next year.
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Dec 12, 2023 at 9:43 p.m. UTC
Dec 12, 2023
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Bitcoin Retakes $35K After FOMC as Solana's SOL Leads Sharp Altcoin Rally
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.
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Nov 1, 2023 at 9:23 p.m. UTC
Nov 1, 2023
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Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin
Signs that the U.S. central bank might refrain from further rate hikes this cycle could lead to a new breakout in bitcoin prices.
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Nov 1, 2023 at 3:07 p.m. UTC
Nov 1, 2023
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Bitcoin Catches Market Cap of Elon Musk's Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting
The Fed is widely expected to hold rates steady next week but traders will be watching for signals about future policy moves.
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Oct 27, 2023 at 3:39 p.m. UTC
Oct 27, 2023