Tag Archives: federal reserve

Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

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Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500… Continue reading Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm→

Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why

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Zach Bradford, CEO of Bitcoin (BTC) mining firm CleanSpark, has predicted that the premier cryptocurrency may peak close to $200,000 this cycle. Bradford’s Bullish Take On BTC Price In an led to several positive adjustments for BTC’s price.  It should be recalled that Bitcoin underwent its fourth halving in April 2024, when its block confirmation… Continue reading Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why→

Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

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Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically, September has consistently been the worst month for BTC in terms of price performance. However, the apex cryptocurrency is now on track… Continue reading Bitcoin Set For Biggest September Gains In A Decade: Here’s Why→

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

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According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron… Continue reading Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research→

A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

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Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of… Continue reading A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500→

Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data

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The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according… Continue reading Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data→

Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research

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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 cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks… Continue reading Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research→

Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens

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A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection would occur only when certain conditions are met.  Bitcoin Could Rise To $100,000 In an X (formerly Twitter)… Continue reading Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens→

Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

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Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a rise to $62,000 brought about the Death Cross, which now threatens lower prices for… Continue reading Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000→

Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

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Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in… Continue reading Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form→