Bitcoin hits new ATH as Fed cuts interest rates by 25 bps
Bitcoin spiked to a new all-time high above $76,600 on Thursday amid bullish sentiment around Donald Trump’s election victory. The Federal Reserve’s decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets. Analysts say the influx of ‘cheap capital’ could strengthen the bull market. Bitcoin rose for the third […]
Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut
Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K. Ethereum and Solana have also surged, reflecting a broader crypto market rally. Caution remains due to economic uncertainties and potential regulatory issues. Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points. […]
Bitcoin price dips below $25k after Fed decision- what next?
Bitcoin price fell below $25,000 after the Fed rate pause news. An analyst points out that the decline saw bulls lose a 7-month trendline support and $20k-$22k could be next. The main resistance zone is between $26k and $28.3k, which can be touched if BTC bounces back. Bitcoin price broke below the $25,000 level overnight […]
AltSignals (ASI) presale pace up as Fed hints at rate pause
AltSignals (ASI) token sale continues as crypto is poised to react higher. This follows hints by the US Federal Reserve of pausing interest rate hikes. ASI token could also benefit from expected explosion in interest around artificial intelligence (AI) projects. Artificial intelligence continues to make waves, with both consumers and businesses looking to tap into […]
Bitcoin slides off Fed meeting before bouncing back, but what next?
Key Takeaways Federal Reserve hikes 25 bps, Bitcoin drops over 6% Bounceback in prices follow, however, as market bets on rate cuts down the line Bitcoin originally fell to $26,700 and is now back at $27,700 Tight monetary policy appears to be coming to a close, which is exactly what Bitcoin investors want to hear […]
Bitcoin price prediction ahead of Fed decision, NFP data
Bitcoin price declined slightly on Monday after nearing the resistance at $24,000. Macro factors will be the key drivers for Bitcoin and other asset prices. Consumer confidence, Fed decision, and NFP data will be in focus. Bitcoin price pulled back slightly on Monday as investors started focusing on the key economic data from the US […]
Bitcoin retreats below $18k as Fed raises interest rate to a 15-year high
Bitcoin has dropped below the $18k once again following its rally earlier this week. The Federal Reserve raised interest rates by half a point a few hours ago. The total crypto market cap continues to stay above $800 billion. Federal Reserve raises interest rate once again The Federal Reserve announced on Wednesday that it had […]