Key Highlights: Consumer prices climbed 3.7% year-over-year through September, powered by a 0.6% monthly surge fueled by energy costs linked to the war with Iran. Market expectations for an interest rate hike by the Federal Reserve have spiked across CME FedWatch and prediction markets like Polymarket and Myriad ahead of the October 28 policy decision. ...
Key Highlights CrossBorder Capital CEO Michael Howell argues a potential Fed rate hike could be stimulative for Bitcoin, not contractionary, due to increased government interest payments flowing to the private sector. Howell emphasizes global liquidity and balance sheet capacity—not policy rates—as the true driver of asset prices, noting 80% of capital market transactions now fund ...
Key Highlights The Bank of Japan raised its policy rate by 25 basis points to approximately 1.25% on September 18, with the new target taking effect September 24. Bitcoin traded orderly following the announcement, rising from $76,961 to over $81,000 intraday, while the yen weakened 1.2% against the dollar—contrary to a classic carry-unwind pattern. The ...
Key Highlights The Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%–4% on a unanimous 12–0 vote, marking the first hike since July 2023. Bitcoin held near $76,300, largely unmoved by the decision, while the broader crypto market capitalization stabilized around $2.63 trillion. Zcash (ZEC) surged up to 23% to a ...
Diesel prices are surging globally, driven primarily by escalating geopolitical tensions in the Middle East. The ongoing conflict involving the U.S., Israel, and Iran has disrupted crude oil flows and injected significant risk premiums into refined product markets. Compounding the supply-side pressure, tight refinery capacity and robust demand from both freight and industrial sectors have ...
Bitcoin maintained its position near pre-announcement levels around $76,000 on Wednesday, showing minimal immediate reaction to the U.S. Federal Reserve’s decision to raise its benchmark interest rate for the first time since 2023. Fed Raises Rates by 25 Basis Points The Federal Open Market Committee voted unanimously to increase rates by 25 basis points, setting ...
Goldman Sachs Revises Fed Rate Forecast, Now Expects October Hike Goldman Sachs has executed a significant reversal in its Federal Reserve policy outlook, now projecting that the central bank will raise its benchmark interest rate once more in October. This new forecast marks a 180-degree pivot from the firm’s previous expectation of a September hike ...
Fed Expected to Raise Rates by 25 Basis Points Crypto markets are already under pressure ahead of today’s Federal Open Market Committee (FOMC) meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is largely priced in. Traders are now focused on Chair Kevin ...
Bitcoin Coinbase Premium Slumps to Four-Week Low as U.S. Demand Weakens Bitcoin’s Coinbase premium has dropped to its lowest level in four weeks, signaling fading U.S. buying pressure as traders digest a legislative setback for the crypto industry and brace for tighter monetary policy. Coinbase Premium Turns Negative The premium measures the price gap between ...
Bitcoin, Ethereum, and XRP are bracing for a fresh macroeconomic headwind as market-implied odds of a Federal Reserve rate hike at the September 16 Federal Open Market Committee (FOMC) meeting have climbed sharply. Bitcoin Faces Key Test Ahead of September FOMC Decision According to the CME FedWatch Tool, the probability of a 25-basis-point increase has ...
Bitcoin hovered near a critical technical threshold Thursday as risk assets sold off broadly on surging oil prices, rising Treasury yields, and mounting expectations for another Federal Reserve interest-rate hike. Key Support Level in Focus Bitget analyst Lewis Huang marked the line before the print, saying “$76,270 is an important technical support level.” Bitcoin is ...
Bitcoin, Ethereum, and XRP extended their losing streak on Thursday after fresh U.S. inflation data fueled speculation that the Federal Reserve will raise interest rates at its upcoming policy meeting. The renewed sell-off across major cryptocurrencies highlights the asset class’s continued sensitivity to macroeconomic shifts and central bank signaling. Inflation Data Triggers Rate-Hike Bets The ...