Bitcoin Price Unlikely To Be Bothered By Interest Rate Hike: Grayscale
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Grayscale Says Bitcoin Traders Shouldn't Fear This Fed Cycle
Bitcoin traders may have less to fear from the Federal Reserve’s latest tightening than during the last bear market, according to Grayscale. The crypto asset manager sees the current rate cycle as a limited adjustment rather than a prolonged policy shift. Grayscale Sees a Different Fed Cycle for Bitcoin Bitcoin traders should not treat the […]
Bitcoin rebounded. This is because fears of monetary tightening eased as Treasury yields and international oil prices fell slightly following the US interest rate hike, while the stock market showed an upward trend. According to CoinMarketCap, a global digital asset market data site, as of around 8 a.m. on the 18th, Bitcoin was trading at $76,351, up 0.97% from 24 hours ago. Ethereum rose 2.20% from 24 hours ago. XRP (0.65%), Solana...
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cryptocrunchapp.comBitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale
Bitcoin Magazine Bitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale The Federal Reserve hiked interest rates for the first time since 2023 on Wednesday and it sent the bitcoin price - briefly - all over the place. But then it settled and currently sits a modest 1% higher over a...
What Happens to Bitcoin Price Post 25 Bps Fed Rate Hike?
Key Insights: Bitcoin price held above $76,000 on Sept. 17 after the Federal Reserve raised interest rates by 25 basis points. BTC recovered from lows near $75,000 and traded around $76,400-$76,700 during the session. The limited reaction suggests much of the September rate increase had already been priced into the market. However, Federal Reserve projections […]
What Will Happen to the Bitcoin Price After the Fed’s Interest Rate Decision? A Chinese Founder Explains
Mining pool founder Jiang Zhuoer, in his latest statement, assessed Bitcoin following the FED's decision. Continue Reading: What Will Happen to the Bitcoin Price After the Fed’s Interest Rate Decision? A Chinese Founder Explains
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