US EditionCrypto Market Retreats Ahead of Fed Rate Cut, Here's Why
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9 Articles
Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?
On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement. Fed... The post Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? …
Why is crypto crashing today after the Fed rate cut? Oct. 29
The crypto market is crashing today, with Bitcoin price falling to $111,000, down from this week’s high of $116,500, and the valuation of all tokens falling to $3.76 trillion. Most cryptocurrencies were in the red, with tokens like Aster, Story,…
Bitcoin Price Rally Bound? How the Fed’s Move May Unleash Crypto
Bitcoin price has remained steady above $113,000 as the crypto market shows signs of a brief cooldown. Investors are cautious ahead of the U.S. Federal Reserve’s policy decision and Chair Jerome Powell’s expected post-meeting comments. BTC has traded flat in recent days, stuck below the $115,000 mark with minimal volatility in the broader crypto market. The post Bitcoin Price Rally Bound? How the Fed’s Move May Unleash Crypto appeared first on C…
Criptomoeds record losses with high expectations for monetary policy signals and without such confidence in trade between the US and China
Crypto Market Retreats Ahead of Fed Rate Cut, Here's Why
The post Crypto Market Retreats Ahead of Fed Rate Cut, Here’s Why appeared on BitcoinEthereumNews.com. Key Insights: The crypto market is down today, as volatility ahead of the Fed rate cut decision persists. Uncertainty around the China-US trade outcome is trickling through to crypto prices. For now, the dominant strategy is to tread carefully until the Fed rate cut decision is made. Just as the crypto market appeared to be picking up steam, th…
Bitcoin Capped At $116K As Traders Cut Risk Ahead of FOMC, China Deal - Invest In Crypto News
Key points: Bitcoin traders’ ability to overcome price resistance at $116,000 could hinge on Wednesday’s Fed decision on interest rates and this week’s US-China trade summit. Pro traders are distributing into BTC price rallies while retail-sized investors are buying the dips in spot, and also being liquidated in futures. Bitcoin (BTC) price continues to show strength, rising 13% since its historic liquidation-driven sell-off on Oct. 10, but t…
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