What The Fed’s Rate Cut Means For Bitcoin
WEB1 day ago · Getty Images. The Federal Reserve cut interest rates by 50 basis points today (bps), bringing the federal funds rate to a range of 4.75% to 5%. The aggressive rate cut, doubling the widely ...
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
WEB19 hours ago · 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.
Bitcoin and crypto stocks rise after the Fed cuts rates half a point
WEB20 hours ago · 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 ...
Bitcoin's Price Tops $63,000 After Yesterday's Rate Cut
WEB16 hours ago · The price of Bitcoin (BTCUSD) jumped over $63,000 Thursday following a Federal Reserve interest-rate cut. The Fed's yearslong fight against inflation saw rates rise to a 23-year high. Wednesday's ...
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say …
WEB1 day ago · Bitcoin is trading near $62K, up 2.4% in the last 24 hours. The CoinDesk 20 (CD20) , a measure of the largest digital assets, is up 3.4%. The broader crypto market moved higher.
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
WEB1 day ago · The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk ...
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline - CoinDesk
WEB1 day ago · The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline. Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm ...
Bitcoin climbs with US equity futures as traders digest Fed cut
WEB1 day ago · The digital token rose as much as 4.9% before changing hands at $62,800 as of 8:56 a.m. Thursday in New York. Global stocks pushed higher, as traders adjusted to the start of an anticipated Fed ...
Bitcoin stays above $60,000 after Fed’s jumbo rate cut
WEB1 day ago · DXY. 0.04%. BTCUSD. 0.10%. ETHUSD. 0.00%. Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. The Federal Reserve on Wednesday reduced its key policy rate by ...
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC ...
WEBSep 9, 2024 · An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a...
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