2021-11-17 19:27 |
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth. origin »
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Bitcoin price plunged from $110,000 to under $105K since Monday, triggering one of the biggest liquidation cascades in the crypto market in recent weeks as over $1 billion in leveraged crypto positions were wiped out. According to data from CoinGlass,…
Spot Bitcoin exchange-traded funds in the United States experienced their second straight day of net outflows as the broader crypto market sentiment has turned bearish. According to data from SoSoValue, the 12 US spot Bitcoin ETFs recorded $103.61 million in…
Will the Fed’s first rate cut of 2025 fuel another leg higher for Bitcoin and equities, or does September’s history point to caution? First rate cut of 2025 set against a fragile backdrop The Federal Reserve is widely expected to…
The crypto market may be on the verge of a strong bullish breakout after weak nonfarm payrolls data boosted calls for the Federal Reserve to cut interest rates and as the deadline for ETF approvals nears. Crypto market to benefit…
President Donald Trump said Thursday he has no plans to fire Federal Reserve Chair Jerome Powell, despite mounting frustration with the central bank’s pace on interest rate cuts. Speaking at a White House event, Trump stated, “I’m not going to…
Donald Trump also renewed pressure on the Federal Reserve to cut interest rates following Wednesday’s lower-than-expected inflation data. U.S. markets gained on Wednesday as ongoing Washington – Beijing trade talks are showing signs of progress while economic data releases point…
The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50%, citing continued economic expansion, low unemployment, and persistent inflation. The Federal Open Market Committee also reaffirmed its commitment to reducing its balance sheet by continuing the runoff…
