Browsing: Federal Reserve
The price of bitcoin (BTC) fell about 1.5% to $88,300 in the minutes following Powell’s comments. The price at press…
Federal Cuts Rates by 25 Basis Points, Bitcoin (BTC) Price Remains at Record Ahead of Powell’s First Speech Since Trump Win
What will be more important for investors is what Fed Chair Jerome Powell will say about the central bank’s path…
First, and perhaps foremost, the Fed would be conflicted. As an alternative payment service, stablecoins compete with the Fed’s own…
Today’s inflation numbers are likely to reinforce the idea that the Fed may pause any rate cuts in November, but…
Uptrend in Bitcoin’s (BTC) Dominance Rate Threatened by Fed Rate Cycle, Crypto Asset Manager Says
BTC’s dominance rate, or the cryptocurrency’s share in the total market capitalization, has increased from 38% to 58% in two…
The employment picture in the U.S. heated up in September, with the government reporting the addition of 254,000 jobs last…
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin (BTC) Rally
The U.S. Household Survey, which tracks the unemployment rate across 50 states, Washington D.C., and Puerto Rico, showed that as…
In the past five days, bitcoin (BTC) has surged 7%, breaking through $64,000 for the first time since Aug. 26.…
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus.…
“I think [it] is a close call,” Jon Faust, previously a senior advisor to Fed Chair Jerome Powell, told Timiraos.…