With few exceptions, stocks last week were savaged in the wake of comments made by Federal Reserve Chairman Jerome Powell that all but assured a half-point rate hike at the Federal Open Market Committ...
Tag: FOMC
BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses – Market Updates Bitcoin News
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the proc...
Bitcoin price prediction ahead of the FOMC minutes
Bitcoin (BTC/USD) price is struggling ahead of the upcoming Federal Open Market Committee (FOMC) minutes. The coin is trading at $45,311, which is lower than last week’s high of more than 48,000. FOM...
Gold price forecast ahead of the FOMC meeting minutes
Gold price has held steady even as the US dollar and Treasury yields strengthen. The Russia-Ukraine crisis continues to boost the metal’s safe-haven appeal. Besides, investors are keen on the FOMC mee...
A 50-bps rate hike at the next FOMC meeting is on the cards
The U.S. central bank raised rates by 25 basis points this week, but it should consider being more aggressive at its next meetings, says Fed Governor Christopher Waller. Waller’s year-end target...
Bitcoin Stable at $40K, FOMC Meeting, and APE Airdrop: This Week’s Crypto Recap
This week was action-packed, and even though the broader cryptocurrency market managed to recover some of the losses from the previous period. Bitcoin maintains relative stability around $40K and seem...
Altcoin Season? ALT/BTC pairs bounce after FOMC, LBLOCK up 18%
On Wednesday a FOMC meeting (Federal Open Market Committee) took place. The S&P 500 and crypto markets reacted positively to news that the Fed will hike interest rates for the first time since 201...
Bitcoin Falls After Fed Raises Interest Rates at FOMC Meeting
The Federal Reserve has raised interest rates for the first time since 2018 after months of promising to address inflationary pressure in the United States. The hike – a moderate 25 basis point increa...
FOMC meeting: interest rates lifted for the first time in three years
The S&P 500 index pared intraday gains over the past hour after the U.S. Federal Reserve announced its first rate hike since the start of the pandemic. Fed’s plans regarding the balance shee...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoi...
How Will Bitcoin React to the Federal Reserve FOMC Statement?
Bitcoin has been trading sideways ahead of the Federal Reserve (Fed) FOMC statement. The FOMC projections are also expected to be released following the rate statement. Q4 2021 volumes have gone up or...
Euro’s Recovery Might Be a Long Shot Given FOMC Decision
The ongoing conflict between Ukraine and Russia continues to have an impact on the forex market. Still, the Euro made a considerable movement in the market lately following a meeting of the European l...
Bitcoin’s Consolidation Likely to End by Huge Move Following FOMC Meeting: BTC Price Analysis
Since early 2022, the bitcoin price has been trading inside a range, forming two critical supply and demand levels. The following analysis aims to identify those supply and demand zones that form thi...
Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap
To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s p...
Will The Oncoming FOMC Meeting Be Detrimental For The Crypto Market’s Plunge To 45% By The End Of The Month? – Coinpedia – Fintech & Cryptocurreny News Media
The global crypto business has been ebbing in turbulence of the burdening market trends. While the business is yet to retrieve from the losses of the recent crash. Folks from the industry remain anxio...
Bitcoin & Wall Street Plunge As Powell Threatens Interest Rate Hikes At FOMC
Bitcoin’s price went turbulent during a press conference following today’s highly anticipated Federal Open Markets Committee (FOMC) meeting. It fell $1000 as Federal Reserve Chairman Jerome Powell res...
Fed puts damper on crypto market bounce after FOMC meeting announcement
After a very severe crypto market plunge resulting in bitcoin sliding to $33k from $69k in only a matter of 12 weeks, and a fall across traditional stock markets, all eyes were on Jerome Powell as he ...
Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a midday rally that rec...
Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin News
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current moneta...
Bitcoin Falls To $43k After Fed FOMC Meeting Report Show Commitment To Decrease Balance Sheet
As the price of Bitcoin hovers just around $43,000, the cryptocurrency community is buzzing with expectation. This is due to the sideways price action following Federal Reserve commitment to decrease...