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Crypto Investment Products Attract $1.2 Billion Following Fed Rate Cut
Cryptocurrency investment products saw inflows above $1.2 billion over the past week as investors increasingly turn to riskier assets after the Federal Reserve’s recent 50 basis point interest rate cut.
Fed Chair Jerome Powell’s next rate cuts will be much smaller
Powell said future rate cuts will be smaller, with two quarter-point cuts expected this year. The Fed is moving cautiously, balancing inflation control with a steady labor market. Stocks fell as Powell confirmed no aggressive cuts are coming, despite market hopes.
Expect crypto bulls to flock back to this space now that the Fed is cutting rates
How might the rate cuts impact the crypto space? I spoke with Chris Rhine, portfolio manager at SPDR Galaxy ETFs, who said some decentralized finance lending protocols in particul
Crypto Surge On Fed Cut, Trump’s DeFi Details
This is a published version of our weekly Forbes Crypto Confidential newsletter. You can sign-up to get Crypto Confidential as soon as it is published free in your inbox here. The crypto market surged after the U.
Gold scales record peak on bets of another big Fed rate cut
Gold held steady after hitting an all-time high on Wednesday on hopes of another large U.S. rate cut as the spotlight shifted to Fed Chair Jerome Powell's comments and U.S. inflation data due later this week.
The Tech Report
32m
Bitcoin and Ether Weaken Ahead of Fed Chair Powell’s Speech and Key Payroll Data
This pullback comes after Bitcoin hit $66,500, its highest price since July, thanks to Friday's lower-than-expected U.S.
cryptonews
42m
Fed Chair Powell Dampens 50bps Rate Cut Hopes – Here’s How the Bitcoin Price Reacted
The Bitcoin price is set to end Monday with losses of close to 3%. But could the world’s largest crypto pump in October?
21h
on MSN
Bitcoin, Ethereum Flat, Dogecoin Falls Ahead Of Fed Chair Jerome Powell's Speech: Price Target For King Crypto Could Be $194K-$352K, Says Top Analyst
Leading cryptocurrencies traded flat Sunday ahead of Federal Reserve Chair Jerome Powell's speech on the direction of ...
cryptopolitan
7h
The 2024 bull market convinced more nocoiners to consider crypto
Crypto adoption as an investment has slowed down, despite the recovery of BTC close to its five-year average maximum. Usage ...
CoinDesk on MSN
12d
Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
Arthur Hayes, chief investment officer of Maelstrom and co-founder of BitMEX, has made a bold statement that risk assets, ...
6d
Forget The Fed—China Could Be About To Quietly Blow Up The Bitcoin Price And Crypto Market
China has unleashed a flood of stimulus measures designed to prop up its stalling economy, hot on the heels of the U.S.
cryptopolitan
15h
Crypto market hits Monday blues ahead of September economic data
The crypto market has dropped 2% as investors anticipate key economic data and a speech from Fed Chair Powell.
CoinDesk
7d
Ether Leads Post-Fed Crypto Market Rally as Yen Weakness Sparks Risk-On Frenzy
Ether skyrockets 14%, with meme coins leading a 40% surge; bitcoin gains but loses market dominance. Oil jumps 2% amid middle ...
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