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Crypto News is a platform which provides most important news, articles and other content about cryptocurrencies and blockchain today. We provide forecasts, analytics and more.
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Fed rate hike is about Wall Street, not inflation, says economist
12+ hour, 11+ min ago (445+ words) A Federal Reserve rate hike next Wednesday — likely 25 basis points — is essentially universally expected at this point. One of the last holdouts on Wall Street, Goldman Sachs, late Friday, rescinded its forecast that the Fed would stay on hold next…...
Why Bitcoin initially held its gain as rate traders put September hike odds at 85%
11+ hour, 6+ min ago (637+ words) August’s inflation report left the Federal Reserve with a mixed signal: gasoline drove much of the headline increase, but monthly core inflation accelerated. That combination kept Governor Christopher Waller’s conditional case for a rate hike in play even as Bitcoin…...
Bitcoin Slips Below $77K as Fed Hike Odds Surge
3+ day, 5+ hour ago (414+ words) Bitcoin slipped below the psychologically important $77,000 level on Thursday as investors sharply increased their expectations of another Federal Reserve interest-rate hike. The world's largest cryptocurrency fell to an intraday low of roughly $76,748 on Sept. 10. Expectations of tighter monetary policy jumped…...
Bitcoin price risks $76K drop as $78K support weakens
5+ day, 9+ hour ago (835+ words) Bitcoin price fell below $79,000 on Sept. 8 as weakening capital flows and nearby liquidation clusters increased the risk of a deeper pullback toward $76,000. According to data from crypto.news, Bitcoin ($BTC) price traded at approximately $78,450 at the time of writing, down…...
Bitcoin price may stay below $82K until Fed decision: analysts
6+ day, 2+ hour ago (1085+ words) Bitcoin has fallen 0.8% to about $79,176 over the past 24 hours as analysts forecast continued trading between $78,000 and $82,000 before the Federal Reserve’s September policy decision. Bitfinex analysts told crypto.news that Bitcoin’s current structure supports “continued consolidation with an upside bias” rather…...
No, Friday's jobs report hasn't materially boosted Fed rate hike odds
6+ day, 16+ hour ago (281+ words) The argument for a Fed interest rate hike later this month is getting louder in the wake of Friday's stellar jobs report. But look under the hood, and the market-implied probability of that outcome remains modest, leaving the outlook fundamentally…...
Bitcoin price slips below $80K as jobs data lifts hike bets
1+ week, 1+ day ago (884+ words) Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500. According to data from crypto.news, Bitcoin ($BTC) price traded near $79,600 at the time…...
Bitfinex Reveals Higher Yield on Tokenised US Treasury Bill
1+ week, 1+ day ago (281+ words) Cryptonews.net Bitfinex Reveals Higher Yield on Tokenised US Treasury Bill Bitfinex has drawn attention to a tokenised US Treasury bill that offers yields surpassing those of crypto-native lending pools. This insight, shared via a tweet, emphasizes the lack of…...
Surprise nonfarm payrolls print sends Bitcoin back below 80K
1+ week, 1+ day ago (249+ words) According to data released on Friday, the US economy added 162,000 nonfarm payroll jobs in August, significantly outperforming economists’ consensus expectations of roughly 56,000 jobs. In response to the announcement, Bitcoin ($BTC) sold off from $81,300 to local lows of $78,600. At the time…...
BREAKING: Bitcoin Rises as Fed’s Williams Eases Rate Hike and Inflation Concerns
1+ week, 4+ day ago (76+ words) Cryptonews.net BREAKING: Bitcoin Rises as Fed’s Williams Eases Rate Hike and Inflation Concerns New York Fed’s President John Williams on Wednesday said long-term bond yields are rising due to a solid economy, not inflation fears. His wait-and-see comments on…...