Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024
Market participants will look to Fed Chair Jerome Powell’s post-meeting press conference for additional signs about the direction of future policy.
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Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Investors will monitor Fed Chair Jerome Powell’s press conference Wednesday for signs of potential rate cuts next year.
Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
Traders expect the Fed to cut rates by 100 basis points next year, weakening the dollar and incentivizing risk-taking in crypto and traditional markets.
Fed Minutes Release May Be a Non-Event for Bitcoin
The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic veri and resulting expectations for renewed interest-rate cuts in 2024.
Bitcoin Faces Headwinds As ETF Optimism Stalls; DOGE, SOL Give Back Gains
Ether (ETH) lost 0.5%, while dogecoin (DOGE) and solana (SOL) slumped as much as 5% as traders likely took profits.
U.S. Federal Reserve’s Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.
Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K
Market participants will now turn to Fed Chair Jerome Powell’s post-meeting press conference to glean insight into the future path of U.S. central bank policy.
Bitcoin’s 300% Surge From Early 2019 in Focus As Fed Officials Favor Rate Pause
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve’s inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”