Showing posts with tag "federal reserve"

Bitcoin Rebounds Post-Fed Interest Rate Hike Announcement

Bitcoin fell before rebounding in response to the Federal Reserve's recent interest rate hike, following the lead of equities. On

December 26, 2024
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news

Bitcoin Falls Back to $40K as Crypto Market Loses Nearly $100B in 24 Hours

After Federal Reserve Chairman Jerome Powell indicated that interest rate hikes should be undertaken "more quickly," cryptocurrency markets remained dull

December 20, 2024
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news

BTC, ETH, Several Other Tokens Suffer 6-Month Price Lows Amid the Fed’s Plans to Hike Interest Rates

The prices of several digital currencies, including Bitcoin (BTC) and Ethereum (ETH), plummeted to six-month lows on Monday amid a

December 20, 2024
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news

‘Crypto is 95% Fraud, Hype, Noise, and Confusion’ – Minneapolis Federal Reserve President

According to the Minneapolis Federal Reserve’s President and Chief Executive Officer, Neel Kashkari, cryptocurrency has no real value and may

December 22, 2024
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news