Bitcoin’s price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December.
Read moreElon Musk reposts call to end the Federal Reserve Bank
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Read moreBitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.
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Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted
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The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut.
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Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports
Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge
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