Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
Macroeconomic factors and centralization concerns are putting pressure on Ethereum’s price post-Merge. Go to Source Powered by WPeMatico
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Jerome Powell is prolonging our economic agony
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip off the band-aid. Go to Source Powered by WPeMatico
Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC. Go to Source Powered by WPeMatico
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week that showed U.S. inflation jumped last month by 8.3% per annum. Fed Raises Federal Funds Rate by 75bps anticipates ‘Ongoing Increases’ On September 21, … Read more
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — dollar index hits 20-year high
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000. Go to Source Powered by WPeMatico
Bitcoin analysts give three reasons why BTC price below $20K may be a ‘bear trap’
A set of technical indicators see Bitcoin price ending its prevailing bearish cycle. Go to Source Powered by WPeMatico
‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst
With the Merge resulting in a ‘buy the rumor, sell the news event,’ Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower” given how hawkish the Fed has been. Go to Source Powered by WPeMatico
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
In a recent Twitter Spaces, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics. Go to Source Powered by WPeMatico
XRP price risks 30% decline despite Ripple’s legal win prospects
The Federal Reserve’s rate hike spree will likely spoil XRP’s most bullish fundamentals in years. Go to Source Powered by WPeMatico
Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022. Go to Source Powered by WPeMatico
