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Tag: Federal Reserve

Interest Rates Unchanged in the United States, Bitcoin $84k

The Federal Reserve kept interest rates unchanged at 4.25%-4.5%, aligning with market expectations. Bitcoin continued its bullish trend, trading above $84,000 and hitting $85,760 driven by positive market sentiment. The Fed’s projection of two rate cuts in 2025 adds a dovish tone, potentially benefiting risk assets like Bitcoin. An unexpected detail: President Trump’s announcement of a U.S. strategic crypto reserve, including...

Bitcoin, Federal Reserve, Front page, News

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Crypto Market Turmoil: Bitcoin Dips Below $100K

Cryptocurrency market witnessed its largest drop since September following Fed’s Bitcoin comments. Bitcoin fell below $100,000, triggering $700 million in settlements. Fed Chairman Jerome Powell clarified that the U.S. central bank “cannot own Bitcoin.” Bitcoin shows signs of recovery, rallying above $102,000. The Fed’s Stance on Bitcoin The cryptocurrency market experienced significant...

Bitcoin, Cryptocurrencies, Federal Reserve, Front page, News

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Jerome Powell Signals Rate Cuts at Jackson Hole

Federal Reserve Chair Jerome Powell indicated interest rate cuts are on the horizon. The speech at Jackson Hole emphasized a sustainable path back to 2% inflation. Economic adjustments are expected to support a strong labor market. Powell’s comments reflect confidence in the economy’s recovery from inflation. Jerome Powell’s Jackson Hole Speech: A Clear Signal for Rate Cuts In a much-anticipated address at...

Cryptocurrencies, Federal Reserve, Front page, News

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