Bitcoin Back Above $80,000, but Can It Stay There? ETF Demand, Fed Rate Outlook Hold Key
7 Articles
7 Articles
Bitcoin back above $80,000, but can it stay there? ETF demand, Fed rate outlook hold key
The cryptocurrency jumped as much as 4% on Thursday as stocks rose, Treasury yields fell and the dollar weakened after Federal Reserve Governor Christopher Waller signaled he would support keeping interest rates unchanged if inflation continues to ease.
Following the statements of Christopher Waller, a member of the Fed Board of Governors.
The most liquid contract of gold closed in strong high this Thursday (3), statements by the director of the Federal Reserve (Fed, the central bank of the United States) Christopher Waller that reduced the expectations of increase in interest at the next monetary policy meeting of the American CB. An increase of the rate that had been precised for September [...]
Bitcoin Reclaims $80,000 Amid Dovish Fed Signal
Bitcoin reclaimed ground above $80,000 today, September 3rd, ripping from the mid-$77,000s this morning to an intraday high above $81,000 at the time of writing. What's the Scoop? The catalyst: Fed Governor Christopher Waller signaled he'd back a hold at the Fed's mid-September meeting so long…
Dollar falls to lowest since May after Waller’s inflation comments signal Fed patience
Fed Governor Waller's dovish inflation remarks sent the dollar to its lowest since May and boosted the yen, reshaping rate expectations before The post Dollar falls to lowest since May after Waller’s inflation comments signal Fed patience appeared first on Crypto Briefing .
Bitcoin Retakes $80,000 After Waller Signals A Hold
Federal Reserve Governor Christopher Waller said he would be inclined to support leaving rates unchanged this month if the next two weeks of data hold, and Polymarket traders went from pricing a September increase at 59% on Wednesday to 43%. Bitcoin rose 4.8%, gold 2% and the S&P 500 0.46%.
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