Alex Dovbnya Bitcoin has dropped to lowest level since early October as Fed nears announcement of another massive rate hike Earlier today, the price of Bitcoin slipped to $18,660, the lowest level sin...
Tag: hawkish
European Central Bank Becomes More Hawkish, Will Crypto Crash
The crypto market is displaying bearish sentiments due to unfavorable market conditions. However, it does not appear that the macroeconomic outlook will get better anytime soon. The US Federal Reserve...
Polkadot Suffers 10% Weekly Loss On Hawkish Fed
To shed light on the protocol’s successes, Polkadot insiders have been providing key data. As it stands, these accomplishments are very helpful to the overall ‘well-being’ of DOT. However, the coin’s ...
Dow Jones Futures: Stock Market Sells Off As Hawkish Fed Sees New Terminal Rate
Dow Jones futures fell overnight, along with S&P 500 futures and Nasdaq futures. The stock market whipsawed sharply lower Wednesday after the Federal Reserve hiked aggressively once again and sign...
Fearing a hawkish Fed? Here’s what’s likely limiting more downside in the stock market, according to JPMorgan’s Marko Kolanovic.
The stock market has been under pressure since the inflation report for August came in surprisingly strong last week, but JPMorgan Chase & Co.’s chief market strategist, Marko Kolanovic, doesn’t s...
Stock Traders Face Off Against Hawkish Fed at Worst Time of Year
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg After a week to forget on Wall Street, the road gets even ...
Euro Climbs Most in Six Months on Hawkish ECB Speak
(Bloomberg) — The euro surged the most in six months against the dollar after a European Central Bank policy maker said further interest-rate hikes will be needed to curb inflation and as buoyan...
BTC Beyond $21,000, ETH Above $1,700 as Powell Remains Hawkish – Market Updates Bitcoin News
Bitcoin rose by over $2,000 in the last 24 hours, as markets responded to bullish comments from United States Federal Reserve Chair Jerome Powell. Speaking yesterday, Powell stated, “We need to act no...
Federal Reserve Hawkish on Hiking Interest Rate
One more installment of interest rates hike is assumed to be around the corner. The rumors and skepticism emerged after several slight indications. On Wednesday, September 7th, 2022, Vice Chair Lael B...
Head and shoulders pattern forms amid hawkish RBA
The AUD/USD exchange rate continued its bearish trend on Tuesday after the latest interest rate decision by the Reserve Bank of Australia (RBA). The pair slipped to a low of 0.6771, which was the lowe...
Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How
One crypto exchange’s former CEO is weighing in on the state of the economy after the Federal Reserve recently announced that it doesn’t plan to lower interest rates anytime soon. In a series of tweet...
Fed upsets the markets by dictating a hawkish line- The Cryptonomist
Following the harsh words spoken by Fed number one Jerome Powell, both equity and cryptocurrency markets have taken a hit, and a 75 basis point rate hike is on the horizon. Fed’s words hit markets On ...
Cramer says avoid all speculative investments like crypto as the Fed stays hawkish
CNBC’s Jim Cramer on Tuesday implored investors to stay away from speculative assets such as cryptocurrencies, warning that they will continue to struggle during the ongoing Federal Reserve tigh...
JPMorgan Strategist Advises Investors to Sell Bitcoin, Crypto After Fed’s Hawkish Stance
With the US Federal Reserve firming up its ante against inflation and dismissing discussions about any softening of monetary policy. JPMorgan’s chief global strategist, David Kelly, has made some sugg...
Hawkish Fed Rhetoric Sinks Crypto Stocks
The stocks of companies related to cryptocurrencies have slumped, as Bitcoin slipped below $20,000 in the aftermath of increasingly hawkish rhetoric from the Fed. Shares of cryptocurrency miners Marat...
Crypto Analyst Says Ethereum (ETH) About To Witness Huge Correction As Fed Stays Hawkish
Popular crypto analyst Benjamin Cowen says that Ethereum (ETH) is likely facing a dramatic correction in the coming months as the Federal Reserve continues to hint at tighter monetary policy. Cowen te...
Stocks sink, Treasury yields jump as investors face hawkish Fed
U.S. stocks sank lower to start the week, extending a sell-off that began Friday after hawkish remarks by Fed Chair Jerome Powell at the central bank’s gathering in Jackson Hole. The S&P 500 tumbl...
Powell’s Hawkish Pivot to Roil Asian Market Open
(Bloomberg) — Losses loom for Asia’s stock market on Monday as investors absorb Federal Reserve Chair Jerome Powell’s stern message that interest rates are going higher for longer in a painful f...
Markets whipsaw following Jerome Powell’s hawkish speech at Jackson Hole
Crypto prices swung on Friday as Fed chair Powell spoke about the pain of inflation. Crypto prices rose in the hour leading up to the speech, bitcoin was trading a little higher than $21,800 and ether...
Ethereum Price Plummets 9% As Fed Chair Passes Hawkish Remarks
The crypto community has witnessed another price plunge after the just concluded Federal Reserve annual meeting. Many investors already anticipated a new turn in asset prices after Jerome Powell spoke...
Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell reite...
Why Stephanie Link Says Jerome Powell Sounds More Hawkish — And She Expects Inflation To Move Higher
At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank’s plan to cut inflation to 2% will cause “some pain” for U...
Fed’s Powell hawkish on inflation as BTC tumbles, Taliban ban crypto
The biggest news in the cryptosphere for Aug. 26 includes Federal Reserve Chairman Jerome Powell’s indication that recovery from the burgeoning inflation levels is still far from being done, and anoth...
Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is r...
Powell remains hawkish at ’Jackson Hole’ even though PCE eased to 6.3%
U.S. equities are down 2.0% on Friday even after the Bureau of Economic Analysis said the Personal Consumption Expenditures Price Index eased to 6.3% in July. Jerome Powell reacts to the PCE reading V...
Financial markets are bracing for what could be a ‘very hawkish’ Jackson Hole speech by Fed’s Powell
Financial markets are bracing for Friday’s widely-anticipated Jackson Hole speech by Federal Reserve Jerome Powell and expecting that he’ll signal the continued need for aggressive interest-rate hikes...
The Fed’s hawkish stance risks ‘overkill,’ economist says
As the U.S. continues its reckoning with inflation, the Federal Reserve has not backed down. “Members of the [Federal Open Market Committee] are saying they’re just as hawkish as they̵...
Crypto Market Plummets, Will The Hawkish Fed Create New Lows
Bitcoin and Ethereum rallies have lost their momentum. Bitcoin and ETH prices have fallen by 4% in the last one hour alone. BTC has declined by over 6% in the last 24 hours and is currently trading at...
Federal Reserve Meeting Minutes Lean Hawkish; Dow Jones Slips
Federal Reserve chief Jerome Powell helped open the door to the Dow Jones Industrial Average rally over the past three weeks with his comments at the close of the July 26-27 policy meeting that were p...
Fed expected to stick with hawkish interest rate hikes, strategists say
The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that inflation in the U.S. could be easing, according to market strategists. On Thursday,...
BTC Downside Predicted From The Hawkish Fed Comments
BTC and stocks sold off after comments from the Federal Reserve BTC Price at the time of writing – $20,241.80 Feds are committed to lowering inflation rates in the U.S. A $750 siphon on Aug. 26 took B...