Blow to Bitcoin as Key US Yield Hits Feb 2020 High Ahead of FOMC Meeting

Blow to Bitcoin as Key US Yield Hits Feb 2020 High Ahead of FOMC Meeting

Key Bitcoin Takeaways Bitcoin sell-off accelerated ahead of the US session as US 10-year Treasury yields hit a fresh 13-month peak. The cryptocurrency’s latest decline appeared ahead of the Federal Open Market Committee’s two-day policy meeting conclusion. Economists believe that the Fed Chairman Jerome Powell would maintain easy-money policies while ignoring intervention in the rising […]

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Fed Decision Looms Over Financial Markets, Is Bitcoin Safe?

Bitcoin and the entire crypto market are currently waiting with bated breaths to see the outcome of the FOMC meeting. The United States Federal Reserve Open Market Committee (FOMC) meeting began on Nov. 1 and the market now waits patiently for the decision of the Fed. In the last couple of months, the FOMC meeting […]

Prepare For Volatility: Data Suggests Bitcoin Gets Chaotic During FOMC Meetings

Bitcoin and other cryptocurrencies in the market have had an interesting week-and-a-half. From the CPI report to the completion of the Ethereum Merge, it has been a rollercoaster of volatile activity across the market. Even with this, the market is still not done with its big events. The FOMC meeting is held on Wednesday, which, like in the past, promises unpredictable movements for the crypto markets. Expect Volatility For Bitcoin The FOMC meeting has always triggered volatility across not just the crypto markets but various financial markets. Bitcoin’s reaction to the FOMC meeting has....

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Me...

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Biggest Movers:  LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day

Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price ceiling. Today’s move comes despite cryptocurrency markets mostly trading lower, ahead of the Federal Open Market Committee (FOMC) meeting. Unus sed leo (LEO) was also higher, climbing for a ninth consecutive session. Litecoin (LTC) Litecoin (LTC) rose by as much as 10% on Wednesday, despite cryptocurrency markets mostly trading lower. Following a low of $54.64 during Tuesday’s session, LTC/USD surged to an intraday peak of $61.89. The rally sees the token move past a key....

Bitcoin After The FOMC Dust Settled: This Date Is Crucial

Yesterday’s FOMC meeting of the U.S. Federal Reserve (FED) brought less volatility to the Bitcoin market than many experts had expected. The Bitcoin price moved in a narrow range during and after the meeting. Ultimately, the Fed raised interest rates by 75 basis points, as expected. The FOMC statement said the Fed would “take into […]