Bitcoin Hover Near $26,000 Ahead of Key Fed Policy Announcement – Here’s How the BTC Price Might React
The Bitcoin (BTC) price is hovering close to $26,000, well within its recent intra-day ranges in the lead-up to Wednesday’s key US Federal Reserve interest rate announcement. The US central bank is expected to pause its...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US central bank is expected to pause its cycle of aggressive interest rate hikes that began last March, which has seen it lift rates by 500 bps (from 0-0.25% to 5.0-5.25%) in the last 10 meetings....
Read More: Bitcoin Hover Near $26,000 Ahead of Key Fed Policy Announcement – Here’s How the BTC Price Might React
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change
Polymarket put the odds of a 25-basis-point Federal Reserve rate hike in October at 23%, with $43 million traded, while CME FedWat...
Binance Offers Nearly 8% in XRP for RLUSD But the Base Rate Keeps Falling
Binance is advertising up to 7.77% in XRP rewards for holding Ripple’s RLUSD stablecoin, but its own payout table shows the base r...
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Deutsche Bank Nears Bitcoin Custody Launch As Crypto Push Expands Beyond Europe
TL;DR: Deutsche Bank is preparing to introduce institutional digital asset custody services, initially targeting professional clie...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...
Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom
Bitcoin slipped below $81,000 on Oct. 16 amid heightened market volatility, but analysts remained cautiously optimistic, suggestin...