A crypto analyst said Bitcoin price correction is coming as US inflation persists. The crypto market volume increased by over $100 billion in the last 24 hours. Crypto miners previously crashed the pr...
Tag: FOMC
Why Did Stocks Drop On Tuesday And What’s Moving Markets This Week?
(Photo by Spencer Platt/Getty Images) Getty Images Key Takeaways The S&P 500 has slid this week, and is down over 3% from Monday’s open in late trading Thursday It comes as Fed Chairman Jay Powell...
FOMC and its Influence on Ethereum: What the Future Holds?
The Federal Open Market Committee is the primary policy-making body of the Federal Reserve System, the central bank of the United States. The FOMC is responsible for setting monetary policy, including...
Rate Hikes Will Continue but Peak This Year, Fed Minutes Show
Crypto faltered and stocks traded sideways after Federal Reserve minutes revealed the central bank has more room to hike interest rates to combat rampant inflation. “All participants” see intere...
Bitcoin BTC Price Seesaws Above $24.1K Following Mixed FOMC Minutes
Ether was recently changing hands at $1,641, off 1.1% from Tuesday, same time. Yet, CoinDesk analyst Glenn Williams noted that BTC and ETH were diverging on a different front, with investors sending b...
Bitcoin Price Analysis Following the Release of FOMC Minutes
Bitcoin (BTC) price is currently trading in the price zone of $24,000. In the most recent meeting, the Federal Reserve raised its benchmark fed funds rate by 25 basis points. The joint meeting of the ...
3 takeaways after the February FOMC Meeting Minutes release
This week it is all about the US economic and macroeconomic data. Yesterday, the market participants awaited the FOMC Meeting Minutes, eager to know what the FOMC members discussed three weeks ago whe...
What To Expect For Crypto Market From FOMC Meeting Minutes?
FOMC Meeting Minutes: When the minutes of meeting from the Federal Open Market Committee (FOMC) are released, the markets are expected to react strongly going by the sell off seen in the last few days...
Crypto Market News: Investors Bet on Long-Term Gains Despite FOMC Fears
Crypto investors are closely watching the release of the meeting minutes from the US Federal Open Market Committee (FOMC). The minutes from the committee’s January 31-February 1 meeting are set to be ...
Bitcoin, Ethereum Price To Retrace Further on US FOMC Minutes
Bitcoin price fell over 4% to $23,902 after facing rejection from the $25,100 level, the crucial 200-WMA, on Tuesday. The BTC price is currently trading near the $24,100 level as traders await the FOM...
BTC Falls Below $24,000 Ahead of FOMC Minutes – Market Updates Bitcoin News
Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have ...
What is S&P 500 technical analysis ahead of the FOMC Minutes? | Definition & Examples
The FOMC Meeting Minutes follow three weeks after the Federal Reserve of the United States announces the funds rate. It is a detailed report about what the FOMC members have discussed at their last me...
Ethereum (ETH) Price Poised For 20% Jump Ahead Of U.S. FOMC Minutes?
The price of Ethereum (ETH) is currently experiencing high levels of instability around $1,670, and the monthly pivot for February is also under a lot of pressure. However, a number of on-chain indica...
Should you buy or sell the US dollar ahead of the FOMC Minutes?
Financial markets are quiet today as US banks are closed due to the Presidents Day holiday. As such, market participants have plenty of time to prepare for the economic events scheduled later in the t...
Silver price crashes below 200MA ahead of FOMC minutes
Metals have had a difficult time in 2023 as concerns about demand coupled with the strong US dollar comeback trouble investors. The crisis in the sector has spread across base metals like copper and p...
Bitcoin Open Interest at Month-Long High Ahead of FOMC Decision
Open interest for bitcoin futures contracts remains near one-month highs as demand for digital assets continues to drive this year’s unexpected rally. Bitcoin futures are trading at $23,230 as o...
Top Cryptocurrencies Showing Bullish Signs Following FOMC Announcement
Published 10 hours ago In its February meeting, the Federal Open Market Committee (FOMC) announced a 25 basis point hike in interest rates. However, as the market participants expected these numbers b...
Assessing if Bitcoin [BTC] traders will change their tune after FOMC
Bitcoin traders’ decision to open short or long positions could depend on the FOMC outcome. Whales have been taking profits since 17 January but the tides might change. Historically, the Federal Open...
Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’
Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in 10 years. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView End of Bitcoin bear market is “defaul...
How Bitcoin Reacted to January’s Highly Anticipated FOMC Meeting
Following another Federal Open Markets Committee (FOMC) meeting on Wednesday, the Federal Reserve agreed to raise its benchmark interest rate by 25%. Bitcoin did not react with its usual fervor to the...
ETH, BTC Marginally Higher Ahead of FOMC Meeting Results – Bitcoin News
Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates...
Bitcoin Stable Amid $23K Ahead of First FOMC Meeting of 2023: Market Watch
The first US FOMC meeting is scheduled to conclude today, and expectations suggest that the Fed will raise the interest rates with another 25 basis points. Amid the growing anticipation, bitcoin, and ...
TRON’s [TRX] sideways structure persists amidst upcoming FOMC meeting
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. TRON could continue to trade in a range for the n...
Bitcoin futures open interest grows ahead of FOMC meeting
Futures open interest (OI) is the total number of open futures contracts for an asset held by market participants. Open interest on futures contracts for any given asset varies daily, representing the...
US dollar index (DXY) forecast: consumer confidence, FOMC, NFP data
The US dollar index (DXY) has crawled back this week ahead of the upcoming US consumer confidence data, FOMC decision, and non-farm payrolls (NFP) data. After falling to $101.58 last week, the index h...
How FOMC Meeting Could Impact the Bitcoin Price on Feb 1st ? Here’s What BTC Traders Can Expect
As the Federal Open Market Committee (FOMC) meeting is slowly approaching this week, the crypto market wonders about the after-effect of the meeting on the BTC price. With so much uncertainty and spec...
Bitcoin price expected to jump on hopes FOMC rate schedule tops out
Data analyzed by CryptoSlate suggests the strong correlation between Bitcoin and gold could mark the start of a price run-up, depending on whether the Fed’s hiking schedule is done by March. The Feder...
How upcoming FOMC meeting will impact Shiba Inu holders’ portfolio
A look at how the upcoming FOMC meeting will influence the Shiba Inu demand. Bullish bias forming but investors still moving with caution in anticipation of final results. The Shiba Inu community is u...
Bitcoin, Ether Prices Strong as Markets Eye Easing Rate Hikes
Crypto markets have taken a brief reprieve after adding more than 30% to their collective capitalization since the start of the year. Bellwether crypto bitcoin (BTC) rose to a peak of $23,360 on Satur...
Could BYD Outpace Tesla If They Sold In North America?
LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...
Fed: FTX Collapse Didn’t Pose Broader Market Risk to Financial System
FTX’s collapse did not pose a risk to financial markets outside of crypto, the Federal Reserve said at its most recent policy setting meeting in December. In minutes from its 2022 Federal Open M...
Key Highlights From FOMC Minutes, Bitcoin And Ethereum Bull Run Coming?
The crypto market rebound witnessed in the first few days of 2023 turned muted after the release of FOMC minutes. The total crypto market volume decreased by 2.08% over the last 24 hours. Bitcoin and ...