Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom
Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our vi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin NewsRelated market context
US labor force participation rate drops to lowest since December 2023, and crypto markets see opportunity
The drop in labor force participation may prompt the Fed to ease monetary policy, potentially boosting risk assets like cryptocurr...
Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens
Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, poin...
JP Morgan Warns of New Bitcoin Sell Pressure From Strategy While XRP AI Transactions Approach 1 Million
Although the two developments are unrelated, they illustrate how Bitcoin’s institutional investment narrative and XRP’s expanding...
Bitcoin Price Prediction: Saylor’s Strategy is a Risk to Bitcoin, According to JP Morgan
JPMorgan has flagged a structural risk most Bitcoin price prediction bulls haven’t priced in: the same entity driving the most agg...
OPEC+ raises crude output despite falling prices, and crypto markets are paying attention
OPEC+'s output increase amid falling prices could ease inflation, potentially leading to lower interest rates and boosting risk as...
Vitalik’s new Lean Ethereum plan puts ETH’s Wall Street pitch on a 4 year clock
Vitalik Buterin's July 4 Lean Ethereum post put a clock on ETH's institutional story: a protocol pitched as financial infrastructu...