What The Fed’s Rate Cut Means For Bitcoin
WEB1 day ago · Getty Images. The Federal Reserve cut interest rates by 50 basis points today (bps), bringing the federal funds rate to a range of 4.75% to 5%. The aggressive rate cut, doubling the widely ...
Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin …
WEB1 day ago · Fed members expect median benchmark rates to come down to 4.4% by year-end. The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the ...
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
WEB22 hours ago · An hour after the Federal Reserve’s historic announcement declaring that interest rates would be slashed by a half-percentage point on Wednesday, bitcoin jumped from $59,500 to $61,000.
Bitcoin and crypto stocks rise after the Fed cuts rates half a point
WEB23 hours ago · Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half percentage point reduction in interest rates, the first in more than four years ...
Bitcoin climbs with US equity futures as traders digest Fed cut
WEB1 day ago · The digital token rose as much as 4.9% before changing hands at $62,800 as of 8:56 a.m. Thursday in New York. Global stocks pushed higher, as traders adjusted to the start of an anticipated Fed ...
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
WEB1 day ago · The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk ...
Bitcoin stays above $60,000 after Fed’s jumbo rate cut
WEB1 day ago · DXY. 0.04%. BTCUSD. 0.10%. ETHUSD. 0.00%. Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. The Federal Reserve on Wednesday reduced its key policy rate by ...
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC ...
WEBSep 9, 2024 · An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a...
What will happen to bitcoin prices if the Fed cuts interest rates?
WEBApr 1, 2024 · Bitcoin prices were down Monday, extending a retreat from their record high above $73,000, as Treasury yields jumped and expectations for future Federal Reserve interest-rate cuts were dented...
What Will Happen To Bitcoin Prices If The Fed Lowers Interest ... - Forbes
WEBMar 31, 2024 · Since March, 16th, 2022, the Federal Reserve has gone away from zero-interest rate policy. Throughout 2022 and 2023, the Fed rapidly raised the target range for the policy interest rate until by...
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