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Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered the market ahead of today’s Federal Reserve rate decision. Following … Read more
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate. Go to Source Powered by WPeMatico
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote. Go to Source Powered by WPeMatico
“You can’t think of a worse macro environment” than right now, Tudor Jones tells mainstream media ahead of the Fed’s presumed rate hike confirmation. Go to Source Powered by WPeMatico
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans. Go to Source Powered by WPeMatico
The U.S. central bank will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement. Go to Source Powered by WPeMatico
Bitcoin’s correlation with stocks has risen to alarming levels, according to some market analysts. Go to Source Powered by WPeMatico
Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break out of the $2,950 resistance level. Bitcoin BTC was back in the … Read more
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years. Go to Source Powered by WPeMatico
A descending triangle breakdown coupled with XRP’s correlation with Bitcoin can put downward pressure on price. Go to Source Powered by WPeMatico