Bitcoin Price May Stay Below $82K Until Fed Decision: Analysts

Two Factors Could Break Bitcoin (BTC) out of Range Trading As Chances of Fed Rate Hike Next Week Hover Around 60%: CoinShares

Bitcoin (BTC) is once again trading like gold as investors hedge against potential inflation, according to new analysis from the digital asset management firm CoinShares. James Butterfill, CoinShares’ head of research, notes that dueling speeches from Federal Reserve chairman Kevin Warsh and Fed governor Christopher Waller left different impressions about the possibility of a September […]

Bitcoin price may stay below $82K until Fed decision: analysts

Bitcoin has fallen 0.8% to about $79,176 over the past 24 hours as analysts forecast continued trading between $78,000 and $82,000 before the Federal Reserve’s September policy decision. Bitcoin price remains capped near $82,000 Bitfinex analysts told crypto.news that Bitcoin’s…

CoinShares: Bitcoin inflows track Fed rate bets, not an exit

Crypto investment flows are increasingly reacting not to crypto-specific news, but to shifts in the US interest-rate outlook. CoinShares said this week that the Federal Reserve remains a major constraint on Bitcoin’s ability to decisively break above the psychologically important $80,000 level—even as inflows show investors are still willing to hold the asset. In a [...]