Tag Archives: Rate Cut

Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report

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Bitcoin climbed past $114,000 this week, pushing markets higher after a surprisingly weak reading on producer prices. According to reports, the move followed a pullback in US PPI that many traders read as a sign the Federal Reserve may be able to start cutting rates. The jump was quick and loud on price charts. It… Continue reading Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report→

Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?

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Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Ethereum in particular moved upward by 6.38% to nearly breach the $2800 price mark. However,… Continue reading Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?→