Bitcoin’s rally faces key hurdle with Wednesday’s Fed meeting
Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.
Jerome Powell
The Trader in Me is Nervous About Fed Rate Cut Talk. Here’s Why: Godbole
Like an athlete who has been on the juice too long, the U.S. economy could start seeing diminishing returns from rate cuts and fiscal spending — and more side effects.
Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation
Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.
Fed Holds Rates Steady, Says Risks of Higher Unemployment, Higher Inflation Have Risen
All eyes will now turn to Fed Chair Jerome Powell’s post-meeting press conference for further clues about the central bank’s thinking on monetary policy.
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.
Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.
Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end.
Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has ‘No Effect’ on Policy
Fed Chair Jerome Powell’s speech later today could shake up markets as he will face questions about the central bank’s outlook on monetary policy and inflation after Donald Trump’s decisive win of the U.S. presidential election.
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election
Bitcoin price on 09 30 (CoinDesk)