Fed – Page 6

Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing’

The net percent of küresel central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week

The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

Bitcoin’s Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th...

Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

Hopes for a series of interest rate cuts in 2024 have all but vanished over the past few weeks as both the economy and inflation exhibit unanticipated strength.

Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year

The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.

Binance.US Taps Former New York Fed Compliance Chief for Board Role

Martin Grant served with the New York Fed for over 30 years, including as its chief compliance and ethics officer.

Bitcoin Breakout Halts as U.S. Inflation Data Looms

The Bureau of Labor Statistics is set to release March 2024 CPI veri Wednesday at 8:30 a.m. ET (12:30 UTC).

Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High

The U.S. factory activity unexpectedly expanded in March, veri released Monday showed, sending the dollar index higher.

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.

Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars

Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.