Bitcoin traders keep powder dry ahead of Fed decision on

Sep 18, 2024 · Bitcoin awaits the Fed’s decision Bitcoin rose 3.6% to close above $60,000 on Tuesday, just a day before members of the US Federal Reserve decide on interest rates.

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Bitcoin Traders Keep Powder Dry Ahead Of Fed Decision On

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Sep 18, 2024 · Bitcoin awaits the Fed’s decision Bitcoin rose 3.6% to close above $60,000 on Tuesday, just a day before members of the US Federal Reserve decide on interest rates.

fxstreet.com

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Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin ...

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Sep 18, 2024 · Bitcoin traders keep powder dry ahead of Fed decision on interest rates. Bitcoin (BTC) retraces slightly, trading above $59,000 on Wednesday, as crypto markets brace for the …

fxstreet.com

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Bitcoin Surges 5.3% Ahead Of Fed's Key Rate Decision: This Cut …

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Sep 17, 2024 · Bitcoin (CRYPTO: BTC) on Tuesday surged by 5.3%, trading at $60,985 after hitting a high of $61,331, as the market braces for the Federal Reserve's critical interest rate …

yahoo.com

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Bitcoin Traders See $63K Sweep With FOMC, BTC Price

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Jul 31, 2024 · Bitcoin wobbles ahead of Fed’s Powell. Data from Cointelegraph Markets Pro and TradingView showed daily highs of $66,814 on Bitstamp ahead of the Federal Reserve’s …

cointelegraph.com

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Bitcoin Falls Ahead Of Fed’s Interest-rate Decision - MarketWatch

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Bitcoin was sliding further on Wednesday as investors await the Federal Reserve’s policy update, due 2 p.m. Eastern time. The largest cryptocurrency fell 6% to around $56,789 at last check on ...

marketwatch.com

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Market Tensions Build As Bitcoin’s Fate Hangs On Fed Rate Cuts

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Sep 10, 2024 · Experts predict bitcoin’s next move, focusing on market exhaustion and upcoming Fed rate decisions. ... the CME Fed Watch tool showed traders pricing in a 70% chance of a …

thestreet.com

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Bitcoin Price Action ‘tough To Call’ After Fed Rate Decision — Zerocap

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Sep 17, 2024 · Bitcoin is “tough to call” and could fall as low as $53,000 or as high as $65,000 following the United States Federal Reserve’s decision on rates on Sept. 18, according to …

cointelegraph.com

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Trump-Led Bitcoin Rally Faces Uncertainty Ahead Of Fed's January …

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Jan 6, 2025 · Trump-Led Bitcoin Rally Faces Uncertainty Ahead of Fed’s January Rate Decision: 10x Research ... The CME Group’s FedWatch tool currently indicates an 88.8% probability …

cryptonews.com

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Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say …

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Sep 18, 2024 · Bitcoin is trading near $62K, up 2.4% in the last 24 hours. The CoinDesk 20 (CD20) , a measure of the largest digital assets, is up 3.4%. The broader crypto market moved …

businessinsider.com

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Bitcoin Price Forecast: BTC Edges Down Ahead Fed Decision

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Dec 18, 2024 · Bitcoin price reached a new all-time high of $108,353 on Tuesday, but the daily close showed a doji candle, signaling indecisiveness among traders. At the time of writing on …

fxstreet.com

FAQs about Bitcoin traders keep powder dry ahead of Fed decision on Coupon?

Why did bitcoin rise a day ahead of Federal Reserve decision?

Bitcoin jumped Tuesday, a day ahead of the Federal Reserve’s key decision on interest rates, as traders expect the central-bank policymakers to deliver their first rate cut in four years. The largest cryptocurrency BTCUSD was up more than 5% on Tuesday to around $60,945, the highest level since Aug. 27, according to Dow Jones Market Data. ...

How will the Fed's dovish stance affect Bitcoin and other cryptocurrencies?

Here’s how Bitcoin and other cryptocurrencies might react following the Fed’s decision: Should the Fed adopt a dovish stance with more aggressive rate cuts projected for 2025, we can expect increased liquidity in financial markets. This environment tends to favor risk assets, including cryptocurrencies like Bitcoin. ...

Is bitcoin a 'premature wave' in a quiet market?

Bitcoin Rises Ahead of the Fed. Bullish Bets Might Be Premature. Bitcoin and other cryptocurrencies rose Tuesday as digital asset traders continued to pile into overwhelmingly bullish bets on cryptos ahead of the interest rates decision from the Federal Reserve on Wednesday. It might mark a premature wave of wagers in a quiet market. ...

How will FED rate cuts affect bitcoin's price?

Gokhshtein emphasized that market exhaustion and anticipation of upcoming Fed rate cuts are major factors impacting Bitcoin's price "I think the market is waiting for that, and I think once the Fed announces, whether they're doing 0.25 or 0.50, I think we'll see Bitcoin start moving in the right direction." ...

Why might bitcoin's price be volatile after a 50 bps cut?

In the short term, the price of bitcoin may be subject to increased volatility, particularly as the market digests the implications of today’s 50 bps cut. The Federal Reserve’s decision to cut interest rates by 50 basis points marks a significant moment in the ongoing saga of global economic instability. ...

What happened to bitcoin?

Bitcoin dipped early afternoon on Wednesday, before the Federal Reserve is expected to deliver its first interest-rate cut in four years. The largest cryptocurrency traded 2% lower at around $59,791, according to CoinDesk data. It is about 19% away from its record high of $73,798 reached in March, while it is still up 42.3% year to date. ...