Fed holds rates amid higher inflation outlook: Bitcoin bounces to $72K
Bitcoin’s pre-FOMC sell-off eased as the US Federal Reserve's choice to leave interest rates unchanged was followed by a swift bounce in BTC price.
Bitcoin’s pre-FOMC sell-off eased as the US Federal Reserve's choice to leave interest rates unchanged was followed by a swift bounce in BTC price.
Original source
Read on CointelegraphRelated market context
Federal Reserve’s quarterly financial accounts report still has a crypto-sized blind spot
The exclusion of crypto from the Fed's report highlights the ongoing disconnect between traditional finance and emerging digital a...
Federal Reserve’s latest financial accounts still pretend crypto doesn’t exist
The Fed's omission of crypto in its financial accounts may hinder comprehensive economic analysis and adaptation to evolving asset...
Bitcoin and Crypto Bounce as Inflation Hits 3-Year High, but CryptoQuant Says the Bottom Isn’t In and SpaceX IPO Looms
Bitcoin and the broader crypto market resumed their rebound Wednesday even as US inflation climbed to a three-year high. The Consu...
Trump “Loves the Inflation,” as Crypto Keeps Getting Butchered: Geopolitical Tensions vs. Crypto
Bitcoin is holding above $62,000, but barely. The crypto market shed by 20% in a month, with Ethereum breaching the psychologicall...
Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates
JPMorgan is calling it. The debasement trade, or the macro thesis that drove billions into Bitcoin price and gold, is unwinding, a...
BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious
Bitcoin News: BTC price climbed from $61,100 to above $63,400 on June 11 after President Trump cancelled planned Iran strikes and...