XRP Price Prediction Ahead of FOMC Rate Cut: Is a Breakout Ahead for Top Altc...
Quick Facts: 1️⃣ Taking advantage of the renewed risk-on sentiment in the crypto market, $XRP has recorded a 9.45% surge on the weekly chart – outperforming $BTC and $ETH. 2️⃣ It’s too early to tell whether $XRP can sustain the momentum, however, as derivatives market data and technical indicators give mixed signals. 3️⃣ Meanwhile, the […]
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Bitcoin eyes $28,000 after a major breakout from the 1D 50 EMA resistance with a good volume. The Crypto market looks bullish on the low timeframe as major cryptocurrencies and altcoins gain relief bounces. Market Dumps Ahead Of FOMC Meeting The major buzz around the financial market over the past few days was focused on the FOMC. This has led to major cryptocurrencies dropping from key supports and resistance, with the likes of Bitcoin trading at around $20,700 and Ethereum going down to $1,376. Related Reading: Bitcoin Slips To 1-Week Low Ahead Of Fed Hike Rate Decision Before the FOMC....
All eyes are on the Federal Open Market Committee (FOMC) meeting tomorrow, March 19, with a rate decision that many analysts believe could set the tone for global risk assets, including Bitcoin (BTC), for the months ahead. Markets are pricing in a 99% probability that the Federal Reserve will keep its benchmark interest rate unchanged, […]
Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates. As inflation continues to remain at elevated levels, many anticipate the Fed will raise rates by over 75 basis points. Ethereum was also up, after briefly falling below $1,300 on Monday. Bitcoin Bitcoin (BTC) was marginally higher on Tuesday, as markets began to prepare for tomorrow’s Federal Open Market Committee (FOMC) meeting. BTC/USD hit an intraday high of $19,639.48 earlier in today’s session, as prices....
Bitcoin price has been unable to pick a clear direction lately, with market participants holding out ahead of the top-tier market events this week. Perhaps the biggest market catalyst this week might be the FOMC statement, although no actual monetary policy changes are expected for now. Perhaps the biggest market catalyst this week might be the FOMC statement, although no actual monetary policy changes are expected for now. After all, the Fed just hiked interest rates by 0.25% in December and might be keen on preventing additional market volatility for now. Instead, market watchers will be....
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 […]