Key points:Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin edges…
The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst.“When these two further rate cuts come, if…
The US Senate has confirmed Michelle “Miki” Bowman as President Donald Trump’s pick to be vice chair for supervision for the Federal Reserve, signaling a potential change in the central…
Coinbase, a leading U.S. cryptocurrency exchange, has urged a federal judge in Portland to take over a lawsuit filed by Oregon Attorney General Dan Rayfield, arguing it mirrors a prior…
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Key Point 3Fed’s Potential 50 Basis Point Rate Cut Analyzed
Market analysts and public figures are debating the timing and implications of…
Rumors spread quickly on X today that Federal Reserve Chair Jerome Powell would be resigning and interest rates could soon be cut, possibly under pressure from U.S. President Donald Trump.…
Key Points:Federal Reserve speeches potentially impact cryptocurrency market sentiment.May 2025 economic data released, influencing policy direction.Market eyes June 17-18 FOMC meeting for rate changes.
Fed officials, including Chair Jerome Powell, are…
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Key Points:U.S. Core PCE inflation at 2.5% year-on-year, lowest since 2021.Market expects Federal Reserve rate cut in September.Risk assets, including Bitcoin, may benefit from rate cut expectations.
PANews reported on May…
US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook.The crypto market…