Alex Dovbnya Fed policymakers have expectedly announced their third consecutive 75-basis-point rate hike The U.S. Federal Reserve has enacted its third consecutive 75-basis-point hike. The price of Bi...
Tag: Rate
Higher Interest Rate Impacts US Stock Futures
The third consecutive 0.75 percent point increase announced by the Federal Reserve has impacted stocks across different sectors. Stock futures plunged as traders weighed another large interest rate hi...
Bitcoin Rises After Fed Rate Hike, Crypto Daily TV 22/09/2022
In Todays Headline TV CryptoDaily News: Bitcoin Rises After Fed Rate Hike The reaction from crypto investors was largely muted as bitcoin and ethereum also dipped slightly before reversing course afte...
Fed rate hike: 3rd consecutive 75 basis points this time; cryptos matching tune
Highest rate since the 2008 financial crisis; dollar at 2-decade high Bitcoin, Ether fall, XRP rallied by over 4% More hikes likely this year Price of bitcoin fell after the Fed chair announced the 3r...
Bitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike
Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened ...
Fed announces rate hike of 75 basis points
At 8:00 PM (CET) last night at the FOMC, Jerome Powell, the Fed Chairman, announced an interest rate increase of 75 basis points. Fed’s rate hike continues Last night’s announcement by Federal Reserve...
BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike – Market Updates Bitcoin News
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve...
I Bonds: You Can Lock In Sky-High Interest Rate
You have just a few weeks left to take advantage of one of those almost-too-good-to-be-true opportunities. You can invest in Treasury I bonds, also called Series I savings bonds, which pay an interest...
Fed Rate Hike: Cryptos Hammered As Central Bank Pumps Interest Rates By 0.75 Points
The much-anticipated Fed rate hike is now out and, as expected, dealt a heavy blow to the broader crypto market on Wednesday. The U.S. Federal Reserve increased its policy interest rate by three-quart...
Bitcoin Price Could Take Major Hit After Fed Rate Hike
Bitcoin started another decline from the $19,500 resistance against the US Dollar. BTC is at risk of a sharp decline below the $18,500 and $18,000 levels. Bitcoin started another decline after the fed...
US Central Bank Announces 75 Basis Point Rate Hike to Combat Inflation
Following the Fed announcement on Wednesday, the US equity market corrected leading to a similar drop in crypto assets. Bitcoin dropped 2% and Ether by 6% in the last 24 hours. On Wednesday, September...
Bitcoin Reacts To 75 Basis Point Fed Rate Hike
Tony Spilotro I’m Tony Spilotro. Behind the pseudonym, I’m a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passion...
Top 10 tumble after Fed rate hike, XRP bucks trend
The total cryptocurrency market cap saw net outflows totaling $10.1 billion. As of press time, it stood at $907.37 billion, down 0.93% over the last 24 hours. Bitcoin’s market cap fell 0.71% over the ...
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high
Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BT...
Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs ...
Bitcoin Falls to $19k as Federal Reserve Announces 75 BPS Rate Hike
Following a two-day Federal Open Markets Committee (FOMC) meeting, the Federal Reserve has risen its benchmark interest rate by another 75 BPS. Bitcoin’s price reacted erratically to the news, droppi...
Chiliz (CHZ) Down 20% ahead of the US FOMC and Fed Fund Rate
Join Our Telegram channel to stay up to date on breaking news coverage Chiliz (CHZ) coin has maintained its upward trend and faced a hard time surpassing the $0.2590 intra-day high. Chiliz, a coin foc...
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...
Fed announces 75 bps rate hike; Bitcoin tanks 6.5% on the news
The U.S. Federal Reserve raised interest rates by 75 basis points after the Federal Open Market Committee (FOMC) meeting on Sept. 21, bringing the Federal Funds Rate to 3.25%. Bitcoin reacted with a 6...
All Eyes on U.S Federal Reserve Over Interest Rate Hike
57 seconds ago | 2 mins read Bitcoin News Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The ...
Fed hikes interest rate 0.75 percentage point to tame inflation, and sees aggressive increases ahead. What’s it mean for you?
WASHINGTON – The Federal Reserve barreled ahead with a third straight outsize interest rate hike Wednesday in an effort to squash high inflation – but economists worry the campaign is increasingly ris...
The Fed just ‘went big’ on its rate hike. Here’s who’s likely getting a financial boost from that — and ‘at levels last seen in 2009’
With rates on CDs now well above 0.60%, experts agree that sticking with a longer-term plan is the best way to get the biggest bang for your dollar. Getty Images/iStockphoto In its efforts to reign in...
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation – Economics Bitcoin News
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week t...
Fed approves third large interest rate hike and signals more before year-end
The Federal Reserve on Wednesday stepped up its aggressive fight against high inflation by agreeing to the third straight super-sized increase in interest rates and signaling more big hikes before the...
What the Fed’s big interest rate hikes mean for Main Street economy
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022. Elizabeth Frantz | Re...
126 Million Shiba Inu Burnt in One Transaction, 132M in 24 Hours As Burn Rate Soars 1502%
– Advertisement – Shiba Inu’s Burn Rate is up 1502% as 132.77 Million SHIB Burned in the Past 24 Hours, 126.73 Million in One Transaction. Shiba Inu’s Burn Rate Skyrockets 1502% as 132.77 ...
Fed should hike interest rate rates 150 basis points: Wells Fargo
It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s R...
Markets on edge as Fed rate decision due today
The total cryptocurrency market cap saw net outflows totaling $15.5 billion. As of press time, it stood at $920.11 billion, down 1.7% over the last 24 hours. Bitcoin’s market cap fell 1.5% over the re...
Fed Rate Hike: Huge ‘Wrecking Ball’ About To Slam Into Bitcoin, Other Crypto
The U.S. Fed rate hike mission this year has dealt a heavy blow on Bitcoin, ethereum, other major cryptocurrencies. According to economists, it is meant to drain the system of liquidity, with high-gro...
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years – Economics Bitcoin News
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every...
Stocks plunge after rate hike, Powell comments
U.S. stocks tumbled in volatile trading Wednesday afternoon as the Federal Reserve dealt another outsized interest rate hike in its fight against stubborn inflation. The U.S. central bank lifted its b...