Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes
The wider crypto market jumped with stocks Wednesday after Jerome Powell hinted at less aggressive interest rate hikes to come.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
JPMorgan Buys More Strategy and Bitcoin ETF Despite MSCI Saylor Blow
JPMorgan is quietly increasing its Bitcoin exposure while the crypto market is being beaten up. The banking giant raised its Strat...
Fed Rate Hike Odds Reach Near-Certainty as Bitcoin Price Falls to $65K
Federal Reserve interest rate expectations have taken a decidedly hawkish turn, with CME Fedwatch assigning a near-guaranteed prob...
MSCI Cuts Strategy From Global Indexes, Putting Bitcoin Treasury Model Under Pressure
Key Takeaways: Under new classification rules instituted by MSCI, Strategy will be phased out of the global equity index. The chan...
Baillie Gifford adopts Ethereum as legal register for UK funds
Baillie Gifford's use of Ethereum as a legal register for UK funds signals a shift towards blockchain as a mainstream financial in...
Bitcoin Price Today: Negative Funding Rates Signal Growing Bearish Bets as BTC Nears $68K
The latest data presents a mixed picture, however, as Hyperliquid whales have returned to net-long positions despite deteriorating...
Why Strategy’s Michael Saylor Believes Bitcoin Can Withstand AI Attacks
Artificial intelligence tools are making cybercriminals more capable, but Strategy founder and Executive Chairman Michael Saylor s...