Fed
Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations
"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex
Le Bitcoin chute à 58 000 $ alors que la Fed fait face à des attentes partagées de baisse des taux
« Le marché a rarement abordé la réunion de la Fed avec une incertitude maximale (à mi-chemin entre 25 et 50 pb) », a déclaré Marc Chandler, stratège en chef du marché chez Bannockburn Global Forex.
Chances of 50 Basis Point Fed Rate Cut Next Week Jump to 47%
The odds for the U.S. Federal Reserve to cut its benchmark fed funds rate by 50 basis points are on the rise, according to CME FedWatch. This comes after an article from the Wall Street Journal’s Nick Timiraos, nicknamed "Nikileaks" for his excellent sources inside the Fed, suggested that the size of the rate cut was still up for debate. CoinDesk's Benjamin Schiller presents the "Chart of the Day."
How to Make the Most With Your Crypto in the Next Rate Cut Cycle
CoinDesk's Jennifer Sanasie discusses the implications of a Fed interest rate cut on crypto markets. Plus, insights on a report from 10X Research that explains why a 50 basis point rate cut could potentially lead to market volatility and economic concerns. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
The data is expected to show a continued progress on the inflation front, cementing the case for Fed rate cuts.
What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
Bitcoin (BTC) has been trading under pressure following the Fed's hawkish interest rate projections on Wednesday, but some analysts remain bullish on the leading cryptocurrency. 10x Research founder Markus Thielen said in a note to clients that lower CPI numbers tend to drive bitcoin prices up and they expect this trend to continue. CoinDesk's Michele Musso presents "The Chart of the Day."
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including an update that Celsius will be shipping out more than $3 billion to its creditors as the firm's bankruptcy is officially closed. A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, FTX customers get a hopeful legal update.
Fed Likely to Be Most Dovish Central Bank Next Year, Research Shows
Bitcoin (BTC) has slipped from 18-month highs seen last week, but many crypto traders remain optimistic about a spot bitcoin ETF approval in the U.S. This comes as the Fed is expected to cut rates by 100 basis points next year, becoming the most dovish among advanced nations' central banks. GSR Markets co-founder and President Rich Rosenblum shares his crypto markets analysis.
Could History Repeat Itself? Fed Officials Favoring Rate Pause Revives Memories of Bitcoin's 2019 Surge
U.S. Fed officials are leaning in favor of a pause in hiking interest rates, strengthening hopes that the tightening cycle has ended and bitcoin (BTC) could be due for a bullish breakout. Jennifer Sanasie presents "The Chart of the Day."
Bitcoin Price Lingers Below $26K as Interest Rates 'Could Stay High' For Some Time: Analyst
Risk assets, including crypto, seem headed for a goldilocks moment as new research from Chicago Fed economists suggest the U.S. central bank has raised interest rates high enough to cut inflation to its 2% target without sparking a recession. eToro US Investment Analyst Callie Cox discusses what this means for bitcoin (BTC) and the crypto markets at large.