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Hawkish Fed Hammers Cryptos
Hawkish Fed Hammers Cryptos, Bitcoin ETF Exodus
Crypto prices fell sharply after the December 18 FOMC meeting, where the Fed announced its third rate cut of the year, bringing the federal funds rate to a range of 4.25% to 4.5%. However, the markets were unsettled by the Fed’s hawkish outlook,
Cryptocurrencies Bitcoin, XRP, and Shiba Inu are rebounding after the Fed's hawkish pivot
Some may have seen Powell's comments as handing the market a lump of coal for Christmas. But the Fed's new projections should not have been surprising.
Bitcoin ETFs see record outflows as crypto market plunge accelerates after hawkish Fed meeting
Spot bitcoin ETFs saw $680 million in outflows on Thursday, the largest volume recorded in a single-day, according to Bloomberg data.
7h
Bitcoin's 2025 Outlook Suddenly Looks Uncertain: Here's Why
As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds ...
4d
on MSN
Bitcoin Tests $100,000 After Fed Spurs Worst Drop Since September
Bitcoin fell below $100,000 as the Federal Reserve’s cautious outlook for interest-rate cuts hurt speculative investments.
5d
The Fed’s ‘Biggest Nightmare’ Is Suddenly Coming True As Bitcoin Price Surges
Now, as a leak reveals Russia could be poised to beat the U.S. to a bitcoin reserve, the Federal Reserve has been warned its ...
decrypt
4h
'Santa Rally' MIA as Bitcoin Falls to Lowest Price in a Month
A Fed-sparked market rout continued in the cryptosphere, denting investors' hopes of a Santa Claus rally as Bitcoin sank ...
4h
on MSN
Why Cryptocurrencies Bitcoin, Dogecoin, and XRP Are Stumbling Today
Many think Bitcoin can hedge inflation. However, the cryptocurrency is impacted by more than Treasury yields, and gold also moved lower today. The dollar continued to strengthen, and Bitcoin, as an ...
3d
on MSN
Bitcoin Slumps as Trump Euphoria Gives Way to Wariness on Fed
A group of US exchange-traded funds investing directly in Bitcoin on Thursday snapped a 15-day streak of continuous inflows ...
4d
Powell says Fed cannot hold bitcoin, not seeking to change that
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government ...
5d
on MSN
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...
Rolling Out
3d
Bitcoin breaks records as Fed decision looms
Bitcoin hits a new high as the market braces for a historic Fed decision, with institutional adoption fueling its rise.
10h
on MSN
Where Analysts Think Bitcoin is Headed in 2025
Analysts are bullish that demand from spot bitcoin ETFs and the possible adoption of a U.S. bitcoin reserve could help ...
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