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Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped

Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
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Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations as

"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Küresel Forex
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Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%

A decent jobs report last week and speedier than expected inflation veri this week had most assuming the U.S central bank would initially proceed cautiously as it begins a...
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U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated

The price of bitcoin initially slipped following Wednesday morning's report.
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Bitcoin Bounce Fizzles as Nvidia’s Slide Ahead of Earnings Adds to Risk-Off Mood

Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.
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Fed Chair Jerome Powell: Time Has Come for Policy to Adjust

Bitcoin rose in the immediate aftermath of his remarks at the Fed's Jackson Hole conference.
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Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut

Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut

Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.
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U.S. CPI Rose 0.2% in July, Matching Expectations

Bitcoin continued with modest daily gains at $61,300 following the report.
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Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
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Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut

Prior to today's meeting, markets had priced in a 100% chance of a rate cut at the bank's September meeting.
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