No Bitcoin HODLer is Currently Losing Money: Data
TL;DR Bitcoin surged past $62,000 after the US Fed lowered interest rates, with 88% of holders now in profit. Analysts remain bullish on BTC, predicting further gains if it reclaims…
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Bitcoin (BTC) Price Reclaims $62K as Analysts Eye Upside Breakout
BTC has gained almost 5% over the past 12 hours, topping $62,000 for the first time in more than three weeks. The asset climbed from an intraday low of $59,200…
Bitcoin Above $62K, US Stock Market Down, and More: Fed’s Rate Cut Aftermath
As repeatedly said in the past few days, all financial markets, especially crypto, were focused on the FOMC meeting that took place on September 18 as the US central bank…
Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’
Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar.…
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…
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps),…
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…
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While…
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…
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