Cryptocurrency prices today plunged with #Bitcoin hovering around $20,000 once again, as hawkish comments from the #FederalReserve about #inflation and the economic slowdown continue to weigh on riskier assets.
The world's largest and most popular #cryptocurrency was trading about a percent lower at $20,064.55 The global #crypto market cap today was back above the $1 trillion mark, even as it was down over 2% in the last 24 hours at $977.4 billion.
The world's largest and most popular #cryptocurrency was trading about a percent lower at $20,064.55 The global #crypto market cap today was back above the $1 trillion mark, even as it was down over 2% in the last 24 hours at $977.4 billion.
#FederalReserve Interest Rate Decision Today!
As the #crypto market anticipates today's #FOMC statement, the question looms:
Will the FOMC's decisions fuel the next crypto surge? Dive into the analysis.
https://coinpedia.org/news/is-the-crypto-market-rebound-inevitable-ahead-of-todays-fomc-statement/
As the #crypto market anticipates today's #FOMC statement, the question looms:
Will the FOMC's decisions fuel the next crypto surge? Dive into the analysis.
https://coinpedia.org/news/is-the-crypto-market-rebound-inevitable-ahead-of-todays-fomc-statement/
CoinPedia
Is the Crypto Market Rebound Inevitable Ahead of Today’s FOMC Statement?
Bitcoin (BTC) price is gradually establishing a correction bottom after dropping about 15 percent in the past five days. The flagship coin has gained
🚨 All eyes on the #FOMC meeting, Sept 17-18, 2024!
🔍 The Fed’s rate decision could send shockwaves through #cryptomarket
Will they hold or make a big move? 👀
#MarketWatch #FederalReserve #Bitcoin
Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
🔍 The Fed’s rate decision could send shockwaves through #cryptomarket
Will they hold or make a big move? 👀
#MarketWatch #FederalReserve #Bitcoin
Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
#Fed Rate Cuts and Elections
🔹Since 2012, the #FederalReserve has adjusted interest rates during election years, with rates set at 0.25% in 2012 and 2020, and 0.50% in 2016.
🔹Will 2024 follow the pattern of past election years?
#CoinPedia #CryptoNews #Blockchain #FOMC #USElections2024
🔹Since 2012, the #FederalReserve has adjusted interest rates during election years, with rates set at 0.25% in 2012 and 2020, and 0.50% in 2016.
🔹Will 2024 follow the pattern of past election years?
#CoinPedia #CryptoNews #Blockchain #FOMC #USElections2024