Bitcoin Price Drops With Fed Rate Cuts On The Horizon: Calm Before The Storm?
Bitcoin (BTC) price declined by 2.7% in the past 24 hours as the US Federal Reserve (Fed) looks poised to initiate its widely anticipated rate-cut cycle this week. Why Did Bitcoin Decline Ahead Of Rate Cuts? Hovering around $60,000 throughout most of the weekend, BTC price experienced a slump of 2.7% ahead of the Fed’s […]
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We may see another interest rate cut this year, says Fed Governor Christopher Waller. The Fed made three rate cuts in 2024, the first being an aggressive 50 bp (basis point) cut in September, a 25 bp cut in November, and another 25 bp cut in December. However, Waller admits these cuts didn’t have the […]
Earlier this week, Fed Governor Christopher Waller said inflation is still too high, so more rate cuts may be necessary. While FedWatch sets the probability of the next rate cut happening on March 19 as just 2.5%, Trump’s tariff war could change the odds. For the crypto market, this means one thing–the bull run is […]
Financial trouble continues to brew in Turkey, as the economy minister was not overly confident when discussing the situation in the country. The central bank is expected to continue cutting its lending rate. Now that PayPal has also left the scene in Turkey, Bitcoin can start gaining popularity in the region. Although many people in Turkey expected the country to see financial growth later this year, the current projects do not seem to agree. With more lending rate cuts by the Central Bank of Turkey on the horizon, things are looking bleaker than anticipated. If this were to happen, it....
Horizon Finance has introduced a new stage of decentralized market evolution through the launch of the decentralized interest rate markets option to solve the issue of payment shortfalls. The launch comes after the project received a major injection of liquidity from leading investors. Horizon Finance is launching a decentralized interest rate markets protocol, after having […]
Bitcoin made a new all-time high on May 22 when it crossed $112K. Although it dipped below $100K soon after, it’s now showing signs of recovery and a potential run upwards. Carlo Pruscino from CMC Markets believes that a Fed rate cut might drive $BTC back to $112K and potentially even beyond. Keep reading to find out Trump’s stance on a potential Fed rate cut, when we can expect one, and what the best altcoins to buy are to make the most of this pro-crypto situation. Trump Wants a Rate Cut Now Trump took to Truth Social to criticize the Fed on delayed rate cuts. He said that....