Bitcoin Back Above $29,000 Post-Fed as Markets Bet on Rate Cuts – Where Next for the BTC Price?
Bitcoin has recovered back above the $29,000 level, rising above its 21 and 50-Day Moving Averages in doing so, in wake of another rate hike from the US Federal Reserve. The US central bank lifted the federal funds targe...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US central bank lifted the federal funds target range by 25 bps on Wednesday to 5.0-5.25%, marking 500 bps worth of rate hikes in its last ten meetings....
Read More: Bitcoin Back Above $29,000 Post-Fed as Markets Bet on Rate Cuts – Where Next for the BTC Price?
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