US Fed rate cut could push Bitcoin down 20% — Analysts
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.
Original source
Read on CointelegraphRelated market context
Google Gemini AI Predicts Jaw-Dropping XRP Price For Next 90 Days
Google Gemini AI just put XRP back under the spotlight, predicting it is tightly wound for a major breakout toward $1.60 to $1.80...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
US-Iran peace talks accelerate after Apache helicopter shootdown, with Bitcoin emerging as unlikely diplomatic tool
Accelerated US-Iran peace talks highlight Bitcoin's role in sanctions evasion, potentially prompting stricter global crypto regula...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...