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Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. дальше »

2024-9-10 12:00


Why Now Is the Time to Accumulate Bitcoin, as ‘Uptober’ and US Elections Loom

Bitcoin dropped to below $54k today and this means the BTC price is now down 10% in the last 7 days. Rekt Capital reminded us that since September started, Bitcoin lost 6.19% of its value. However, we can say this is typical for this month considering Bitcoin had a single-digit plunge in September in 2022, […] The post Why Now Is the Time to Accumulate Bitcoin, as ‘Uptober’ and US Elections Loom appeared first on CaptainAltcoin. дальше »

2024-9-7 02:29