Bitcoin and other major cryptocurrencies fell after the Federal Reserve kept interest rates steady at 3.5%-3.75% but raised inflation forecasts during Kevin Warsh's first meeting as Fed chair. The Fed's hawkish stance suggests inflation concerns remain, slowing the path to rate cuts. Despite this, a record 79% of Bitcoin's circulating supply is held by long-term holders, indicating strong accumulation and a potential market bottom, though some analysts warn a further decline may come first.
Cryptocurrency markets saw mostly declines as Bitcoin traded near $63,926, down 1.48%. Major altcoins like Ethereum, Binance Coin, and XRP also fell between 1.5% to 2.5%. Some tokens experienced sharper drops, such as UNI down 14% and ZEC down 7.75%....
In 2026, Nvidia has become the most-discussed asset on finance-focused Reddit communities, overtaking Bitcoin, which now ranks seventh. This shift reflects growing retail investor interest in AI technology and Nvidia's role in AI infrastructure, cont...
The Royal Government of Bhutan transferred 533 Bitcoin (BTC), valued at $34.5 million, to Binance on June 17. These transfers came from Druk Holding & Investments, Bhutan's state investment arm, reducing Bhutan's Bitcoin holdings to 1,749.96 BTC from...
Bitcoin fell about 4% from a recent high near $66,315 to test support around $64,000 following the Federal Reserve's hawkish policy outlook, which signaled fewer rate cuts and potential future tightening. Despite easing Middle East tensions and lower...
Bitcoin and other major cryptocurrencies dropped over 3% following the Federal Reserve's decision to hold interest rates at 3.5%–3.75% while raising inflation forecasts and indicating fewer rate cuts in the future. Despite President Trump's interim p...
