The Federal Reserve kept interest rates at 3.5%–3.75% during its first meeting under new Chair Kevin Warsh, signaling a more aggressive approach to controlling inflation. Warsh emphasized that inflation remains too high despite some easing risks, prompting the Fed to raise its year-end rate projection to 3.8% and inflation forecast to 3.6%, above the 2% target. Bitcoin surged past $60,000 following these hawkish comments, reflecting investor optimism about inflation risks easing. The Fed’s stance suggests possible further rate hikes and tighter financial conditions impacting both traditional and crypto markets.
Bitcoin climbed to an intraday high of $64,653 on July 10, recovering from earlier losses caused by Middle East tensions. This rally pushed the total crypto market cap to $2.28 trillion and forced $96 million in short liquidations, signaling renewed ...
Bitcoin climbed above $64,000 following US President Donald Trump's confirmation that the US will continue negotiations with Iran after a new request from Tehran. The market reacted positively to the diplomatic update despite Trump stating the ceasef...
Standard Chartered remains confident in Bitcoin's potential, holding a year-end price target of $100,000 despite recent market turbulence and some bearish analyst views. The bank considers Bitcoin a strong buy at around $64,000 and downplays fears re...
Historically, Bitcoin tends to gain 17-20% in July even during bear markets, suggesting a potential near-term recovery after recent lows. While many altcoins struggle near all-time lows, Solana and Hyperliquid have outperformed with 21% gains in the ...
Bitcoin has climbed back above $64,000 after Standard Chartered reaffirmed its $100,000 price target for the end of 2026. The bank attributes recent Bitcoin price drops to investor concerns over Strategy's changing treasury approach, not Bitcoin's fu...
