What The Fed’s Rate Cut Means For Bitcoin
WEB2 days 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 ...
Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin …
WEB2 days ago · Fed members expect median benchmark rates to come down to 4.4% by year-end. The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the ...
Bitcoin's Price Tops $63,000 After Yesterday's Rate Cut. What's …
WEB1 day 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 price attempts to turn the tide after Fed’s 0.5% rate cut
WEB2 days ago · Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut Bitcoin price rallies to $61,000 after the US Federal Reserve cuts rates by 50 basis points for the first time since 2020. 5249 ...
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say …
WEB2 days ago · The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by year-end.
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
WEB2 days 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 price rises after Fed interest rate cut - Yahoo Finance
WEB2 days ago · Bitcoin has gained by over 4% to $62,505.57 (£47,088.57) following the US Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points.The new range now stands at 4.75% to 5 ...
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s …
WEB2 days ago · A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets. ... Bitcoin stays above $60,000 after Fed’s jumbo rate cut. ... Bitcoin stays above ...
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...
How The Fed Rate Cut Could Make Bitcoin More Volatile - Forbes
WEBSep 12, 2024 · Getty Images. The bitcoin market is bracing for a volatile month as the U.S. Federal Reserve’s anticipated interest rate cut looms large. After a sharp price decline from $65,000 in late August ...
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