Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week
The Fed prepares an inflation move that could act as a “sledgehammer” for crypto and risk assets. Go to Source Powered by WPeMatico
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The Fed prepares an inflation move that could act as a “sledgehammer” for crypto and risk assets. Go to Source Powered by WPeMatico
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support. Go to Source Powered by WPeMatico
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the Federal Reserve will destroy the U.S. economy with interest rate hikes. He advises people to invest in “real money,” naming bitcoin as an example. Robert Kiyosaki on Fed Rate Hikes, U.S. Economy, Bitcoin The author of Rich Dad Poor Dad, … Read more
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months. Go to Source Powered by WPeMatico
The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next week. Presently, the crypto economy is down … Read more
BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Go to Source Powered by WPeMatico
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of … Read more
Last week regulators worried about the “de-integration” of financial sector and global energy consumption — all because of crypto. Go to Source Powered by WPeMatico
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate. Go to Source Powered by WPeMatico
Timing the market bottom is impossible, but several technical and on-chain indicators suggest that it’s time to start accumulating Bitcoin. Go to Source Powered by WPeMatico