Bitcoin Surges After Fed Rate Cut, Recession Fears Linger
Bitcoin rises above $62K as Fed cuts rate, but traders warn rally may be short-lived amid economic slowdown and geopolitical uncertainty.
Bitcoin rises above $62K as Fed cuts rate, but traders warn rally may be short-lived amid economic slowdown and geopolitical uncertainty.
Bitcoin price set to regain $64,000 'very quickly' as Fed signals rate cut, according to Capriole Investments. Crypto experts foresee perfect storm of macroeconomic shifts and cycle timing driving BTC's return to bull market.
Crypto hedge fund CEO says a 50 bps rate cut by the Fed would be positive for crypto, while a 25 bps cut could hurt the markets.
Analyzing the potential impact of the Fed's upcoming rate cuts on the cryptocurrency market, particularly Bitcoin's price movements.
Bitcoin ETFs bounce back strongly as investors expect interest rate cuts, with BTC, ETH, and other major crypto prices rising.
Closely watch the Fed's interest rate decision this week as it could significantly impact the global economy and cryptocurrency market.
The core U.S. inflation rate rose faster than expected in August, likely leading to a smaller Federal Reserve rate cut. Bitcoin's price slipped following the inflation report.
Bitcoin briefly rallies before retracing losses, hitting new one-month lows below $55,000 as U.S. jobs data disappoints and Fed official suggests rate cuts.
As the Federal Reserve considers raising interest rates, cryptocurrency investors are bracing for potential market volatility.
The bitcoin price rose 1% after the U.S. job growth report, but remains lower by 5% from a week ago. The data likely sets the stage for a 25 basis point rate cut by the Federal Reserve.
Bitcoin's price swings amid weaker US manufacturing data and upcoming interest rate decision raise concerns over economic growth and market volatility.
Bitcoin fails to halt a low-timeframe price decline as traders eye upcoming US jobs data, with warning of potential retest to $49.5K.