Bitcoin Readies for Fed as $61K Sets the Stage for Breakout

Aug 23, 2024 · Bitcoin Awaits Fed Chair’s Rate Cut Hints. Bitcoin currently hovers around $61,000 in the hours leading up to the symposium. The key focus of the event is a speech by …

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

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Aug 23, 2024 · Bitcoin Awaits Fed Chair’s Rate Cut Hints. Bitcoin currently hovers around $61,000 in the hours leading up to the symposium. The key focus of the event is a speech by …

dailycoin.com

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Bitcoin Braces For Fed’s Powell As $61K BTC Price Eyes Next Breakout

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Aug 23, 2024 · Analyzing Bitcoin’s behavior during the Fed’s last cutting cycle in 2019, trader Luke Martin, host of the Stacks Podcast, noted that it took the subsequent COVID-19 cross …

cointelegraph.com

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Bitcoin Gains 5% To $61K Ahead Of Fed, But Order Books Suggest …

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Sep 17, 2024 · Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped. Krisztian Sandor . Updated Tue, Sep 17, 2024, 2:36 PM 3 min read. In This Article: …

yahoo.com

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Bitcoin Poised For Breakout Near $61K As Fed Rate Cuts

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Sep 18, 2024 · Bitcoin’s price hovers near $61,900 as investors anticipate a potential breakout. Historical trends suggest BTC may rally in October, especially with a Federal Reserve rate cut …

econotimes.com

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Bitcoin Hovers Around $61K As Markets Brace For Fed Rate Cuts - MSN

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Bitcoin holds $60K. Bitcoin price breached $61K on Tuesday night before retracting to the $60K zone. BTC is now up by around 7% in the last 7 days, while, it remains down by 10% over the …

msn.com

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Bitcoin Set For Breakout As Global Liquidity And Stimulus Drive Rally

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As of September 24, 2024, Bitcoin (BTC) is trading at approximately $64,378, following a substantial 7.5% weekly gain. This rally, spurred by the Federal Reserve’s recent 50 basis …

tradingnews.com

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Bitcoin Gains 5% To $61K Ahead Of Fed, But Order Books Suggest …

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Bitcoin {{BTC}} surged to $61,000 Tuesday during the early hours of the U.S session as cryptocurrencies rose ahead of tomorrow's key Federal Reserve meeting, at which the central …

msn.com

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Bitcoin Poised For Breakout Near $61K As Fed Rate Cuts Loom, …

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Sep 19, 2024 · Bitcoin eyes $61K breakout as Fed rate cuts fuel speculation of a price surge. Credit: EconoTimes. Bitcoin’s price hovers near $61,900 as investors anticipate a potential …

tokenpost.com

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

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Aug 23, 2024 · As Bitcoin holds steady near $61K, all eyes are on the Federal Reserve’s speech for hints about future monetary policy. The market has anticipated Jerome Powell’s speech to …

newsbreak.com

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Bitcoin Gains 5% To $61K Ahead Of Fed, But Order Books Suggest …

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Sep 17, 2024 · Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped. CoinDesk. Sep. 17, 2024, 10:55 AM. Bitcoin led the crypto rally, hitting its highest …

businessinsider.com

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Bitcoin Surges To $61K Ahead Of FED Decision, But Traders

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But with the Federal Reserve (FED) about to make a big decision on interest rates, the crypto world is holding its breath. Here’s a breakdown of what’s happening, and how BlackRock’s …

binance.com

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Bitcoin Reaches $63K As Fed's Interest Rate Decision ... - Coinpedia

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Sep 19, 2024 · The current level is crucial for the bulls to hold, as falling below it could lead to the retest of $61K support level. As the RSI level now hovers around the overbought region at …

coinpedia.org

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Bitcoin Passes The 61k Mark As Crypto Markets Await US CPI Rates …

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Aug 14, 2024 · Bitcoin has recently crossed the $61,000 threshold, stirring renewed interest in its price trajectory as the market anticipates further movements driven by U.S. inflation data. The …

cryptonews.com

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

2 weeks from now

As Bitcoin holds steady near $61K, all eyes are on the Federal Reserve’s speech for hints about future monetary policy. The market has anticipated Jerome Powell’s... Bitcoin Readies for Fed …

newsbreak.com

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Bitcoin Braces For Fed’s Powell As $61K BTC Price Eyes Next Breakout

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Aug 23, 2024 · Data from Cointelegraph Markets Pro and TradingView showed $61,000 returning in the hours before the United States Federal Reserve’s Jackson Hole annual symposium. The …

tradingview.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Analysts Sound The Alarm: Bitcoin Must Break $61K Barrier ASAP

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Bitcoin's next big move? Analysts say a 3.5% rally to hit $60,600 could reclaim its crucial re-accumulation range and set the stage for a historical climb to $65,000. Currently, BTC is …

msn.com

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

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Bitcoin’s $62,000 resistance level could be a major barrier, potentially leading to further consolidation before a breakout. Why This Matters. The Federal Reserve’s upcoming speech …

bitget.com

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

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Aug 24, 2024 · As Bitcoin holds steady near $61K, all eyes are on the Federal Reserve’s speech for hints about future monetary policy. source: https://dailycoin.com/bitcoin ...

coinlive.com

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Bitcoin Readies For Fed As $61K Sets The Stage For Breakout

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Cryptocurrency custodian Anchorage Digital to launch rewards program for clients who custody PYUSD

coinlive.com

FAQs about Bitcoin Readies for Fed as $61K Sets the Stage for Breakout Coupon?

Why did Bitcoin BTC surge to $61,000?

Bitcoin { {BTC}} surged to $61,000 Tuesday during the early hours of the U.S session as cryptocurrencies rose ahead of tomorrow's key Federal Reserve meeting, at which the central bank is universally expected to cut its benchmark fed funds rate for the first time in four years. ...

Will a 5% cut affect BTC & other cryptocurrencies?

While most are predicting a 0.25% cut from the current 5.3%, some Wall Street traders are betting on a more dramatic 0.5% cut. Meanwhile, traders on Polymarket are divided as they are giving a 53% chance to 50 bps and 46% to 25 bps cuts. A larger-than-expected cut could have a major impact on BTC and other major tokens. ...

How will a 50 bps cut affect BTC & other cryptocurrencies?

Meanwhile, traders on Polymarket are divided as they are giving a 53% chance to 50 bps and 46% to 25 bps cuts. A larger-than-expected cut could have a major impact on BTC and other major tokens. US unemployment is rising, it stands at now 4.2% after climbing in four of the last five months. ...

Will bitcoin break out before FOMC meeting?

Despite the rally, bitcoin continues to trade in a fairly tight range and seems unlikely to break out before Wednesday's meeting of the Fed's Federal Open Market Committee (FOMC). ...

Why did bitcoin circle intraday highs on Aug 23?

Bitcoin (BTC) circled intraday highs on Aug. 23 as markets braced for the week’s key macro event. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed $61,000 returning in the hours before the United States Federal Reserve’s Jackson Hole annual symposium. ...

Will the Fed cut the crypto market?

The crypto market has turned green as the Fed is set to announce its first rate cut since the COVID-19 pandemic. This move could shake up borrowing costs across the economy. While most are predicting a 0.25% cut from the current 5.3%, some Wall Street traders are betting on a more dramatic 0.5% cut. ...