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Tag: jerome powell

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

July 4, 2024 wp-bot Bitcoin News

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation

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IMF Advises US to Keep Interest Rates Steady Through Late 2024

July 3, 2024 wp-bot Bitcoin News

The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising

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Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

June 13, 2024 wp-bot Cointelegraph

Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.

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US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession

June 11, 2024 wp-bot Bitcoin News

Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and

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FOMC Preview: How Will Bitcoin And Crypto React? All You Need To Know

June 11, 2024 wp-bot News BTC

As the financial markets brace for the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th, the Bitcoin and crypto community is poised

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Jerome Powell’s pivot heralds a boring summer for Bitcoin

May 1, 2024 wp-bot Cointelegraph

The Federal Reserve isn’t sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.

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Blockchain
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