Crypto stocks outlook ahead of FOMC meeting
Bitcoin miners Core Scientific rose 33% as stocks of Bitfarms, Stronghold Digital, CleanSpark all ended the past week higher. Coinbase and Robinhood shares also rose as Bitcoin broke above $23,000. FOMC meeting is this week and the market reaction will be key to what next for Bitcoin and crypto stocks. A number of crypto-related stocks […]
Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?
Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes. Bitcoin could surge past the $17k resistance level soon. BTC eyes the $17k resistance level The United States Federal […]
Bitcoin (BTC/USD) rebounds slightly after the FOMC but is the cryptocurrency bullish?
Bitcoin has been steady after FOMC statement The cryptocurrency remains tied to wider crypto concerns BTC needs to overcome $16,500 to become bullish Bitcoin (BTC/USD) rose slightly on Thursday after the US Federal Reserve statement. The cryptocurrency was held to the $16,500 level after a soft stance by the officials. BTC was already gaining ahead […]