Auto Added by WPeMatico

Bitcoin Price Holds $75,500 as Traders Price In Fed Rate Hike

Bitcoin’s price oscillated between $75,000 and $76,000 following a market slide triggered by the failed passage of the CLARITY Act in Congress. Investors are awaiting an upcoming Federal Reserve rate…

Continue ReadingBitcoin Price Holds $75,500 as Traders Price In Fed Rate Hike

Crypto Market Rockets to $2.73T as Fed Rate Hike Fears Evaporate

The crypto market’s overall valuation turned sharply higher Thursday, pushing its total value to $2.73 trillion as fading expectations for another Federal Reserve rate increase sent traders piling back into…

Continue ReadingCrypto Market Rockets to $2.73T as Fed Rate Hike Fears Evaporate

Bitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Bitcoin traded near $64,400 on Wednesday morning at 8:30 a.m. EDT, up roughly 1.6% over the previous 24 hours as positioning accelerated ahead of the Federal Reserve’s afternoon rate decision.…

Continue ReadingBitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Prediction Markets Say Hold, Citadel Securities Says Fed Will Hike as Trump Pressures Central Bank

Federal funds futures traders are pricing a majority chance that the U.S. Federal Reserve holds rates steady this week, but trading activity beneath the headline tells a more nuanced story.…

Continue ReadingPrediction Markets Say Hold, Citadel Securities Says Fed Will Hike as Trump Pressures Central Bank