Federal Reserve
Fed Rate Decision Today; Bitcoin and Ethereum in Holding Pattern
The Federal Reserve’s interest rate decision, scheduled for announcement in just hours at 2:00 PM ET on July 29, has left crypto markets in a state of cautious consolidation as Bitcoin and Ethereum await clarity on monetary policy direction. With rate hike odds rising sharply to 35.8% from 25.7% just one week prior, traders are...
Here’s What Happened in Crypto Today
Bitcoin and Ethereum declined sharply ahead of tomorrow’s Federal Reserve rate decision, with digital assets shedding value as investors positioned ahead of the announcement. The sell-off triggered $615 million in liquidations across markets in 24 hours, reflecting heightened volatility in the sector. Meanwhile, regulatory developments continued to weigh on sentiment, with the CLARITY Act stalling...
Here’s What Happened in Crypto Today
Bitcoin sustained its position above $65,000 today as geopolitical tensions eased and spot ETF inflows continued to underpin the market, while Washington moved decisively toward crypto regulatory clarity with the Senate positioning the CLARITY Act for a vote. Simultaneously, the Federal Reserve’s upcoming rate decision is expected to reinforce disinflation signals that have supported Bitcoin’s...
Fed Rate Decision Looms as Bitcoin Rallies on Disinflation Signal
The Federal Reserve’s interest rate decision on Wednesday arrives amid a sharp shift in market expectations, with rate-hold odds falling from 87% just ten days ago to 64%, injecting fresh volatility into cryptocurrency markets as investors brace for Chair Kevin Warsh’s first major policy announcement. Bitcoin has rallied nearly 16% from its July lows, but...
Bitcoin Holds $65K as Iran Tensions Ease, ETF Inflows Sustain
Bitcoin and Ethereum stabilized above key support levels Monday as geopolitical tensions between the US and Iran eased, with DeFi tokens emerging as the session’s strongest performers and spot ETF inflows providing sustained upside momentum heading into this week’s critical Federal Reserve meeting. The broader cryptocurrency market capitalization reached $2.3 trillion, up 1.7% in the...
Fed Chair Warsh Crushes Rate-Cut Hopes Despite Dovish CPI Print
Fed Chair Warsh’s hawkish pivot has substantially dampened cryptocurrency markets despite a surprisingly dovish June CPI report, leaving Bitcoin and Ethereum struggling to maintain gains heading into the July 29 Federal Reserve decision. The inflation data released on July 14 showed headline CPI falling 0.4% month-over-month—the largest monthly decline since April 2020—yet Fed leadership’s refusal...
Here’s What Happened in Crypto Today
Crypto markets stabilized significantly today as positive economic data sparked renewed Fed easing expectations, while the Senate moved closer to passing landmark crypto legislation with a White House ethics deal clearing the path for a CLARITY Act vote this week. Bitcoin and Ethereum recovered from extreme fear conditions as investors recalibrated around softer inflation readings,...
US CPI, PPI Beat Estimates, Crypto Rallies on Fed Easing Signals
US inflation cooled dramatically in June, with headline CPI falling to 3.5% year-over-year—70 basis points below consensus expectations—while producer prices dropped 5.5%, marking the sharpest disinflation signal in years. The dual surprise triggered an immediate crypto rally, with Bitcoin reclaiming $64,000 and Ethereum surging past $1,880 as markets repriced Federal Reserve policy expectations ahead of...
Here’s What Happened in Crypto Today
Bitcoin retreated 1.11% today as Federal Reserve hawkishness combined with lingering Mt. Gox distribution concerns to dampen investor sentiment, while regulatory momentum on Capitol Hill showed signs of stalling as the CLARITY Act’s Senate passage odds slipped below 50%. In brighter news, Citadel Securities’ $400 million investment in Crypto.com at a $20 billion valuation underscored...
Here’s What Happened in Crypto Today
Crypto markets surged on softer-than-expected inflation data that sent Federal Reserve rate-hike odds plummeting, with Bitcoin and Ethereum posting significant gains alongside a landmark moment for tokenized securities. The optimism was tempered, however, by on-chain weakness indicators and a fresh security incident at a DeFi perpetuals platform that drained $11.86 million in an oracle exploit....
June CPI Collapse to 3.5% Sparks Bitcoin Rally Above $65K
U.S. inflation fell sharply to 3.5% year-over-year in June, smashing economist expectations and triggering an immediate rally in risk assets including Bitcoin, which surged past $65,000. The Consumer Price Index declined 0.4% on a seasonally adjusted basis—the largest monthly drop since April 2020—marking a significant cooling in price pressures that has dramatically reduced the probability...
Fed’s July 28 Meeting to Determine Bitcoin’s August Direction
Bitcoin’s near-term price action hinges entirely on the Federal Reserve’s July 28-29 meeting, as rising macroeconomic headwinds and lingering extreme fear continue to suppress crypto markets despite modest weekly gains. After defending the low $60,000s and triggering modest ETF inflows, the cryptocurrency market remains fragile—trading as a high-beta risk asset deeply sensitive to monetary policy...