Bitcoin 'nuke' warning as Fed rate hike decision looms — Dollar index hits 20-year high
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000.
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 CointelegraphRelated market context
Bitcoin tops $64,000 as cooling US inflation eases Fed rate hike fears
Bitcoin's surge reflects its sensitivity to monetary policy shifts, highlighting its role as a hedge against inflation and economi...
Bitcoin tops $65K as US inflation drops, Fed rate hike less likely
Bitcoin's surge amid easing inflation and reduced rate hike prospects may bolster investor confidence, impacting broader financial...
Near $65K, Bitcoin’s 2 year social media drop off is hiding a $4.3 billion whale exit and a new class of buyers
Crypto discussion across X, Reddit, Telegram, and other major social channels has fallen to its second-lowest daily level since Oc...
These crypto chains raised $500M but generate just $360 in daily fees
Just a few short years ago, the crypto hype was strong. VCs were eager to pour money into solutions for scalability, data availabi...
Strategy feels 'very secure' until bitcoin reaches $8,000-$10,000, says CEO
Le highlighted increasing the U.S.-dollar reserve as an important lever in preferred stock STRC’s recovery back to around $90 havi...
Bitcoin Rises Above $65,000 as Inflation Posts Its Largest Monthly Drop Since 2020
Bitcoin rose above $65,000 on Tuesday after US inflation data showed consumer prices cooling far more than expected in June, easin...