The Federal Reserve kept its benchmark interest rate steady at 3.50%-3.75%, but signaled a hawkish stance with projections showing rates could remain elevated through 2026 and beyond. Inflation forecasts were raised, reflecting ongoing supply disruptions and strong economic growth despite global uncertainties. Markets reacted negatively, with Bitcoin and major U.S. stock indexes falling after the announcement. Investors are closely watching new Fed Chair Kevin Warsh's comments for clues on future policy direction amid persistent inflation and strong labor conditions.
Monero (XMR) surged past its September peak, briefly touching $656 before settling near $629, signaling strong buying pressure despite Bitcoin's fragile hold near the $80,000 support level. Bitcoin dropped from $84,294 to $81,483, hovering just above...
Bitcoin recovered toward $82,000 after dipping below $81,000, but the rebound was partial and fragile amid $381 million in outflows from U.S.-listed spot Bitcoin ETFs. The market's near-term direction remains uncertain, influenced by broader risk sen...
Bitcoin (BTC) is currently holding support at the lower boundary of a parallel price channel after losing gains made earlier in the week. The price slipped below a boundary near its 50-day moving average, with mixed momentum indicators showing uncert...
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
Bitcoin dropped to around $81,000 amid a tech sector sell-off that pressured risk assets, including cryptocurrencies. Despite this, institutional demand remains strong, with US spot Bitcoin ETFs seeing $528 million in inflows over three days, led by ...
