BTC poised for December recovery on ‘macro tailwinds,' Fed rate cut: Coinbase
Coinbase predicts a December recovery driven by rising global M2 liquidity and lower interest rates, but Fed Chair Powell’s remarks may limit upside, analysts say.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Coinbase predicts a December recovery driven by rising global M2 liquidity and lower interest rates, but Fed Chair Powell’s remarks may limit upside, analysts say.
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
US Jobs Data Miss Sends Dollar Lower, Boosting Bitcoin’s Macro Tailwinds
US economy added 57,000 jobs in June versus 110,000 forecast, pressuring the dollar and shifting Fed rate expectations in a move w...
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...
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...
Fed Schedules $10B Treasury Bill Purchases as Liquidity Move Fuels Crypto Market Optimism
Key Takeaways: The New York Fed will make approximately $10 billion in purchases of Treasury bills from June 12 to July 13. The op...
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...
Vitalik’s Lean Ethereum Plan Targets 10x Lower Fees, Quantum Safety, and Faster Finality
Key Takeaways: Vitalik Buterin announced the multi-year “Lean Ethereum” roadmap and declared it a third generation update for Ethe...