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
Read moreRecession Concerns Ignite Amid US Economic Slowdown and Market Volatility
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple
Read moreAnalysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom
Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The
Read moreMarkets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to
Read moreArthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S.
Read moreCryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall
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