Bitcoin Trades Flat After Fed Maintains Interest Rate Level At FOMC
The central bank expects its elevated rate to damper economic activity in the coming months.
The central bank expects its elevated rate to damper economic activity in the coming months.
The Federal Reserve’s next meeting could have strong implications for Bitcoin’s price trajectory.
DeSantis vowed to let the crypto sector thrive and replace Fed's Chair Jerome Powell from his post should he win
The market now predicts that another rate hike will occur before the end of the year.
Hayes said that Bitcoin's value proposition grows stronger as the banking system falters.
“We are penciling in 25 basis points of cuts per quarter but are uncertain about the pace," the Goldman Sachs'
"I think that the Fed is done hiking for this cycle," Lee stated.
The U.S. central bank has provided additional information on its program to supervise what it calls “novel activities” in the
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The Fed’s effective rate is now primed to potentially crack a 23-year high.