Yesterday, the Federal Reserve cut interest rates by 25 basis points, leading to a Market downward trend, particularly impacting Bitcoin, which fell 8% but managed to stay above $98,000. Notably, a major Bitcoin whale moved over 72,000 BTC, prompting speculation about a possible Market peak. Analysts are now questioning whether this is just a temporary ...
Yesterday, the Federal Reserve cut interest rates by 25 basis points and suggested fewer cuts next year, leading to a Market drop. Bitcoin fell 8% from its peak, testing liquidity at $98,000 before recovering slightly. Coinciding with this, data showed that a major Bitcoin whale transferred over 72,000 BTC, sparking speculation about a Market top. ...
On December 18, 2024, the Federal Reserve’s unexpected announcement to limit interest rate cuts sent shockwaves through Wall Street, causing the CBOE Volatility Index, or VIX, to spike by 74%—marking one of the largest percentage increases in its history. This surge reflected heightened investor fear, with the VIX closing at 27.62, up from around 15. ...
On December 18, a significant Market panic ensued following a 25 basis point interest rate cut by the Federal Reserve and Chair Jerome Powell’s hawkish comments. This led to Bitcoin briefly falling below $100,000, while U.S. stocks dropped by about 3%, and the dollar index soared to a two-year high. The CBOE Volatility Index, or ...
Bitcoin has bounced back above $100,000 after dipping below that mark, driven by traders looking for bargains. The cryptocurrency climbed to a high of $101,700 after hitting a low of $98,500 the previous day. This recovery comes despite mixed signals from the Federal Reserve, which has announced plans to cut interest rates, but only twice ...
The U.S. Federal Reserve has lowered its benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third rate cut this year and a total of 100 basis points since September. Despite strong economic growth and rising inflation, this decision was anticipated by the Market. The Fed’s new projections indicate that ...
The Federal Reserve recently lowered its key interest rate by 0.25 percentage points, marking the third consecutive cut. The new target range for overnight borrowing is now between 4.25% and 4.5%. Despite this reduction, the Fed remains cautious about future cuts due to ongoing inflation and solid economic growth. Chair Jerome Powell emphasized the need ...
The crypto Market is showing caution as investors await the Federal Reserve’s rate decision. There are whispers of a possible rate cut that could encourage more risk-taking in the economy, but analysts predict a slight revision in future rate cut projections for 2025. Consequently, major cryptocurrencies like Bitcoin and Ether have dipped by nearly 2%. ...
The cryptocurrency Market is experiencing caution ahead of the Federal Reserve’s interest rate decision. Investors are speculating about a potential rate cut, which could affect risk-taking behaviors in the economy. However, the Fed may signal fewer rate cuts for 2025 than previously expected, leading to a decline in the prices of major cryptocurrencies like Bitcoin ...
Bitcoin reached a new all-time high of over $106,000 as investors anticipated a likely interest rate cut from the Federal Reserve. This rally saw Bitcoin rise by more than 4%, while Ether also gained 4%, approaching the $4,000 mark. The overall cryptocurrency Market, represented by the CoinDesk 20 index, also recorded a 4% increase. Despite ...
