Bitcoin And Gold Slide As Fed Chair Signals Hawkish Stance
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4 Articles
BI Rate Predicted Not to Drop Unless Fed Interest Rates Are Cut
Bitcoin Drops to $76,877 as Fed Rate Hike Odds Jump to 55.7%
Bitcoin got hit hard Friday. The price slid to $76,877, wiping out most of a strong weekly gain after Federal… Read the original on Bitcoin Plummets to $76,877 as Fed’s Hawkish Tone Sparks $481 Million Liquidation. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
In just one hour, the price of gold fell by more than $128 per ounce after the US Federal Reserve (Fed) signaled a potential interest rate hike.
Bitcoin And Gold Slide As Fed Chair Signals Hawkish Stance
BitcoinWorld Bitcoin and Gold Slide as Fed Chair Signals Hawkish Stance Bitcoin (BTC) and gold (XAU) both declined as Federal Reserve Chair Jerome Powell adopted a hawkish tone, signaling that interest rate cuts may be delayed, according to market analysis as of the latest trading session. Market Reaction to Hawkish Fed Powell’s comments, which emphasized the need to maintain restrictive monetary policy to combat inflation, triggered […] This po…
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