Bitcoin Price Analysis: The Fed Cut Rates, Now What’s Next for BTC?
Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to…
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Federal Reserve Announces 0.5% Interest Rate Cut, Bitcoin Soars Above $60K
The Federal Reserve announced on Wednesday that it will lower its benchmark interest rate by 50 basis points, marking the central bank’s first cut since the start of the COVID-19…
Here’s Why Scaramucci Expects Bitcoin to Hit $100K Before Year-End
Anthony Scaramucci, the founder of the investment firm SkyBridge Capital, has backed his prediction that bitcoin (BTC) will reach $100,000 before the end of the year with two potential drivers.…
Analysts Predict End of Bitcoin Consolidation as Fed Rate Cut Looms
Bitcoin has been trading sideways since March, and the third quarter, especially September, has traditionally been a bearish period. With the month and quarter approaching the end, analysts are turning…
Spot Buying Drives BTC Rally as Market Awaits Fed Rate Cut: Bitfinex
While bitcoin (BTC) faces local resistance levels, the crypto asset is experiencing a rally driven by aggressive spot market activity. According to a Bitfinex Alpha report, on-chain metrics suggest bitcoin’s…
Bitcoin (BTC) Price Predictions: Big Bull Run or a Depressing Bear Market Ahead?
TL;DR Bitcoin shows signs of a potential rally, with some analysts predicting a jump to a new all-time high. Conversely, increased exchange inflows suggest possible short-term selling pressure. Good News…
All These Central Banks May Cut Rates Soon: Bitcoin (BTC) Price to $100K?
Typically, a greater flow of new dollars to target lower interest rates inflates the prices of equities and fixed-income bonds. Since the advent of cryptocurrencies, financial markets have found that…
Bitcoin (BTC) Soared to 3-Week Peak Above $61K Ahead of FOMC Meeting
Bitcoin dumped hard on Monday but the bulls are back in control now as they propelled a massive rally that resulted in BTC tapping a 3-week peak above $61,000. This…
3 Bullish Signals for Bitcoin’s Price as Uptober Approaches
September is more than halfway through, and all eyes in the cryptocurrency community are on October, commonly referred to as Uptober, given the historical performances of BTC and the altcoins.…
Bitcoin Dominance Hits Multi-Year High: What Does it Mean For Altcoins?
On Sept. 16, Bitcoin dominance hit 58%, according to Tradingview. This is the highest it has been since April 2021, following almost two years of steadily increasing. BTC dominance was…
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