Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks. Go to Source
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Bitcoin falls under $60K as investors’ global economic slowdown concerns rise
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin. Go to Source
BTC price suddenly drops 5% as Bitcoin rejects low CPI print
Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000. Go to Source
3 reasons why $65K marks the bottom for Bitcoin
Bitcoin’s resilience amid price drops indicates strengthening support at the $65,000 level. Go to Source
Ethereum rally to $3,700? Unlikely, say two derivatives metrics
Ether derivatives were unable to maintain elevated optimism levels, despite the potential spot ETF and recent macroeconomic data. Go to Source
Bitcoin dips as ETFs break 19-day green streak, rumble over US inflation
Traders are seemingly going risk-off ahead of a U.S. CPI print and a Fed monetary policy meeting, with Bitcoin falling to a weekly low. Go to Source
Bitcoin needs ‘3.3% or lower’ CPI print to reach new ATH
Bitcoin price movements may “appear random,” but critical drivers such as inflation are what’s making it move, according to a crypto analyst. Go to Source
Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin
ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print. Go to Source
Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation
Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern. Go to Source
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of … Read more
