The USD/CAD price rose to the highest level since August 8 ahead of the upcoming FOMC minutes and Canada consumer inflation data. The forex pair rose to 1.2935, which was about 1.65% above the lowest ...
Tag: FOMC
GBP/USD forecast ahead of UK inflation and FOMC minutes
The GBP/USD price pulled back on Monday as investors prepared for a relatively busy week. The pair dropped to a low of 1.2100, which was slightly below last week’s high of 1.2277. The price is about 2...
Widely Followed Crypto Analyst Explores How Long Bitcoin, Ethereum and FTX Token FOMC Rallies Can Last
A leading crypto analyst says Bitcoin (BTC) and the rest of the digital asset markets are rebounding on Federal Reserve Chair Jerome Powell’s dovish post-Federal Open Market Committee (FOMC) press con...
Analyst: Bitcoin is headed for resistance amid FOMC bounce
Bitcoin (BTC/USD) is up 3.2% in the past 24 hours to currently trade around $21,671 and ease off lows seen on Tuesday when a number of negative news reports impacted sentiment. After hitting intraday ...
Why Bitcoin Could Trade Above $22,000 After Today’s FOMC Meeting
Bitcoin is poised to experience volatility during today’s trading session. The crypto market is gearing up for the U.S. Federal Reserve (Fed) Federal Open Market Committee (FOMC) meeting which could r...
FOMC Buzz Gets Crypto Investors Ready With Stablecoin Holdings
All roads lead to one direction even in the crypto market this week: the Federal Open Market Committee (FOMC) meet. It appears that a majority of crypto traders are preparing for the meeting so they c...
Bitcoin Reclaims $21K Ahead of FOMC Interest Rate Announcement (Market Watch)
After yesterday’s price dip below $21,000, bitcoin regained some traction and reclaimed that level. Most altcoins have also turned green today, with MATIC and Ethereum Classic standing out as the most...
Fantom (FTM) Rocketed 45% Last Week Ahead of FOMC Decision
The Fantom (FTM) coin lost some of its traction while falling to the $0.2916 level, unable to continue its upward rally. The majority of coin and token prices rose, indicating that the previous week w...
Key Comparative Data Ahead Of FOMC
Even as concerns of a potential economic recession loom over the markets, the cryptocurrency space appears relatively less volatile. Interestingly, the White House had in a blog last week discussed wh...
Bitcoin, Ethereum trade at weekly lows as market anticipates FOMC interest hike
Bitcoin’s (BTC) price crashed to its lowest in the last seven days in the early trading hours of July 26, pulling the industry’s market cap to less than $1 trillion, per CoinMarketCap data. According ...
Bitcoin Slumps Despite VIX Indicator Showing Calm Ahead of FOMC Meeting
The mainstream digital currencies including Bitcoin, Ethereum (ETH), and Solana (SOL) amongst others will always be pitched as relieving assets that can partially serve as a hedge against inflation. T...
Bitcoin drops below $21.8K realized price as FOMC spooks markets
Bitcoin (BTC) stuck to its realized price just below $22,000 on July 25 as Wall Street opened with a flat performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gives up more...
FOMC Meeting, GDP Reports, and More!
After flashing green for the last seven days, the cryptocurrency market has fallen prey to bears yet again. The bears seem to be having the upper hand since the start of 2022, primarily after May, owi...
How Bitcoin (BTC) Price Could Perform In August 2022 Post FOMC?
In line with the overall crypto market sentiment, activity around crypto derivatives too dropped drastically in the recent times. Data on the derivatives trading from various exchanges shows a clear p...
Ethereum’s Sentiment Drops as FOMC Meeting Nears
After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment. The market insight provider explain...
Crypto Analyst Chris Burniske Predicts These Paths for Market Prior to FOMC Meeting
Gamza Khanzadaev Among options are to push through retaliation or temporary defeat Chris Burniske, ARK Invest’s former lead cryptocurrency analyst and prominent crypto enthusiast, shared his opi...
Ethereum(ETH) Price Tumble Down Ahead of FOMC Meeting, What’s Next?
Ethereum price in recent times has displayed a sense of stability as the asset after coiling up above $1500, stands strong despite a couple of strong bearish attacks. Even during the recent rounds of ...
Bitcoin, Ethereum Gas Fees Hit Lows Ahead Of FOMC; Here’s Why
The Global crypto market cap fell by 3.6% over the last day after regaining the vital $1 trillion mark. Anticipation building over the upcoming Federal Open Market Committee (FOMC) meeting has led to ...
FED Decks Up For FOMC Meeting, Analysts Predict The Bitcoin Price To Hit $28k – Coinpedia – Fintech & Cryptocurreny News Media
As per reports, the Federal Reserve is expected to raise the interest rates in its upcoming meeting scheduled on July 26-27. If it raises the rates by 0.75%, it will be the third rate hike this year a...
Binance CEO “CZ” Bullish On Crypto Market Ahead Of FOMC Meet
Binance CEO “CZ” in a tweet on Saturday strongly reaffirms a bullish outlook on the crypto market. He believes it’s time for “BUIDL” rather than “HODL” as the utility is growing across the market. Net...
3 takeaways from the FOMC Minutes released yesterday
The trading week started with a holiday, as the United States celebrated Independence Day. For this reason, the main economic events scheduled in the first week of a trading month were a bit delayed. ...
June Jobs Data, FOMC Minutes, Levi’s Earnings, and More for Investors to Watch This Week
Text size Uncredited The stock market will be closed on Monday for Independence Day. It will be a light week on the earnings calendar once investors return, but with plenty of notable economic release...
Why Did Bitcoin Drop Below $37,000 Despite the FOMC Push? Will BTC Price Hit $30,000 This Week?
Bitcoin price and the major crypto assets witnessed a steep fall with minutes of the stock market began its operation for the day. Interestingly, the crypto space had received a bullish push, a couple...
BTC Heads Towards $40,000 Following FOMC – Market Updates Bitcoin News
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is ...
Will The FOMC Boosts Propel the Bitcoin(BTC) & Ethereum(ETH) Price Above $44K & $3200 Resp?
The Federal Reserve in a recent meeting approved an increase of a half-per cent of the interest rate. It also announced its plans to squeeze its $9 trillion asset portfolio in an attempt to reduce the...
Bitcoin Higher Ahead of FOMC Announcement
“Today is set up for huge volatility, as the Federal Open Market Committee (FOMC) meet to announce their decision on how much they will raise rates by,” wrote Marcus Sotiriou, analyst at the U.K.-base...
This Is How Today’s FOMC Meetup Will Affect The Crypto Market
The Cryptocurrency market is currently trading sideways as a few currencies are waving red while others are trading on a green note. Bitcoin bulls and bears have been combating each other while the F...
Amidst The FOMC Meeting Today, Bitcoin To Drop At $32k! Here Is Why?
The cryptocurrency market has failed to keep up with the expectations of traders as the world’s first cryptocurrency couldn’t rise above $40,000 bringing down Ethereum and other altcoins. This has res...
How today’s FOMC conference can affect your Bitcoin and altcoin holdings
Bitcoin and altcoins just concluded a bearish month in April and are currently waiting on the next catalyst. Although the markets are due for some bullish correction, investors remain cautious especia...
Will The Amendments In The FOMC Meeting Slash Down Bitcoin Price To $28K This Weekend?
The global crypto market has now sailed back to the anxiety and curiosity of the FED’s FOMC meet. The amendments of which would go public this coming Wednesday. Whilst novices in the business continue...
How Will Crypto-Market React To the Next FOMC Meeting Held On May 3rd & 4th?
The global market revolves around the events like interest rate decisions, monetary policy statements, and press conferences that are associated with the Federal Open Market Committee (FOMC). These ev...
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equiti...