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Will Bitcoin Rally be Triggered by US Job Data and Fed Rate Cut? Crypto Market Awaits Results
September 2, 2024The crypto industry is abuzz with anticipation for important events in the upcoming week, with a particular focus on the release of the US job data. This data is highly…
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Investors pull out $1.2 billion from crypto funds as expectations for Fed rate cut decrease
June 24, 2024Crypto products experienced their second consecutive week of outflows, totaling $584 million, contributing to a total outflow of $1.2 billion in the market. According to insights from asset management firm…
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Focus on Crypto Market Amidst Fed’s Rate Cut Dilemma: GDP & PCE Inflation
April 21, 2024The crypto market has experienced significant volatility in recent trading sessions, with major cryptocurrencies such as Bitcoin, Ethereum, Solana, and others seeing fluctuating performances. Despite this turbulence, investors celebrated the…
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Fed Chair Powell’s Live Speech: Potential Rate Cut on the Horizon? A Roundup of the Major Headlines
April 3, 2024Federal Reserve Chairman Jerome Powell recently delivered an update on the economic outlook during a speech at the Stanford Graduate School of Business, highlighting the importance of a cautious and…
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Market Predicts Fed Rate Cut Unlikely as US Inflation Rises
March 12, 2024Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept…