Bitcoin, crypto and Fed
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
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.The price of bitcoin was recently higher by 5% at $63,
What The Fed’s Rate Cut Means For Bitcoin
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of the U.S. economy.
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
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-on assets even as some investors tout their use as safe havens.
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) -U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut boosted risk appetite, adding to the momentum of an industry that has already secured some big wins this year.
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
The Federal Reserve on Wednesday reduced its key policy rate by half a percentage point, its first cut since March 2020 and the biggest cut in 16 years. Bitcoin edged up 0.2% Wednesday afternoon to around $60,
Analytics Insight12m
Bitcoin Whale Since Satoshi Era Identifies 3 Altcoins Under $1 That Will Reach $10 When BTC Hits $100,000
Let’s be honest. How many times in our lives do investment tips come from a Bitcoin whale who has been there since the ...
Bitcoin's Rise Over $61K Could Signal Local Top, Binance Volume Indicates
Bitcoin topped $61,000 in the run-up to the U.S. market open on Tuesday, with trading volume on Binance increasing.Jumps in ...
Crypto Briefing9h
Bitcoin enters 'bull pennant' breakout as S&P 500 hits all-time high
Bitcoin's bull pennant suggests a potential surge, with a price target of $158,000 by May 2025 following S&P 500's record ...
CoinDesk14hAnalysis
Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest
The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, ...
Most large cryptocurrencies rise as Bitcoin rallies
Most large cryptocurrencies were up during U.S. morning trading on Tuesday, with Bitcoin seeing the biggest change, climbing ...
‘Shock And Awe’—China Could Be About To Trigger A $1.4 Trillion Bitcoin And Crypto Price Earthquake
Economists are calling for China to unleash $1.4 trillion worth of "shock and awe" stimulus that could kick start the economy ...
TheStreet.com2d
Bitcoin poised to transform capital flows in the digital economy, says Gary Cardone
Nelson began by addressing bitcoin's status as the most well-known cryptocurrency and asked whether its rise would benefit the overall crypto ecosystem. "We got some big asset players putting ...
Rise in Bitcoin scams
In light of a rise in Bitcoin scams impacting assorted residents, the Mount Pleasant Police Department has recently shared ...
Impacts3d
The Rise of Revenue Sharing in Crypto: Rollblock Continues To Gain Traction From Bitcoin Cash (BCH) and Stellar (XLM) Holders
Cryptocurrencies, including Bitcoin Cash (BCH) and Stellar (XLM), pay no dividends to token holders. That’s why Rollblock ...
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the 42,000 ...