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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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Implications for Rate Cuts and Crypto Markets as Unemployment Hits 4%
June 8, 2024The U.S. unemployment rate has reached 4%, a key threshold that Federal Reserve Chair Jerome Powell had previously suggested could prompt rate cuts. Economic analyst Danielle DiMartino Booth has raised…
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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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Chief Economist at Goldman Sachs Predicts Rate Cuts Unlikely This Year
April 6, 2024Goldman Sachs Chief Economist Jan Hatzius has expressed confidence in the Federal Reserve’s plan to implement three interest rate cuts this year, despite recent comments from other Fed officials advocating…
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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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Analyst Suggests Fed Rate Cuts are Crucial for Understanding Bitcoin’s Market Trends
March 29, 2024On March 28, renowned crypto analyst and Into The Cryptoverse CEO Benjamin Cowen raised a compelling question about the current Bitcoin market cycle: Is it following a traditional pattern or…
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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…
