Bitcoin Price Advance And The Fed Expected To Raise Rates
Bitcoin price has begun advance and yesterday covered a $10 distance from $276 to $286 (Bitstamp). The current technical configuration is bullish and the level we watch with interest is $300. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h12 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The Bitcoin price chart is in a bullish state across all timeframes: from 5-minutes all the way up to the 1-week....
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The Federal Reserve is positioned to raise interest rates for the third month in a row. What effect will this have on the recent bitcoin rally?
This week's economic calendar is focused on Thursday when the Fed is expected to announce the first hike in US interest rates. Saying so and achieving it are two different things and we examine the cunning plan by which the Fed intends to realize higher interest rates in practice. Meanwhile, objective global economic conditions are creating cashflow problems and some large players, such as governments, have started selling assets. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators. World Indexes and Forex Rates. Commodities. In the....
Failing to increase interest rates means a big deal to stock market investors. With little interest to be gained in “safe investments” more aggressive measures will be warranted. Over the past few weeks, there has been an increased focus on whether or not the Federal Reserve will raise interest rates Although financial experts are on the fence on the future of the rates, the Fed’s Janet Yellen has announced there will be no increase for now. However, things may change later this year, assuming the US economy doe snot face a major hit. The long wait is finally over, and as many people....
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled.
ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5%
Annual inflation in the area of the common European currency, the euro, has increased for a sixth consecutive month to a record high of 5% in December, according to preliminary estimates from Eurostat quoted by Trading....
The BoE has become the first major central bank to raise interest rates since the pandemic by hiking its basic rates to 0.25%.