Markets

Markets

Markets

Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point

The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.

Federal Reserve chair Jerome Powell at a press conference on July 27th in Washington D.C. (Source: Federal Reserve)

Markets

Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.

BTC dropped 6% Tuesday. (CoinDesk Research and Highcharts.com)

Policy

Según el FMI, la turbulencia cripto no afectará al mercado financiero general

Con la perspectiva económica oscureciéndose, el Fondo Monetario Internacional considera que la inflación y una recesión son riesgos importantes, pero no así las complicaciones dentro del mercado cripto.

Kristalina Georgieva, directora del Fondo Monetario Internacional. (Clemens Bilan/Getty Images)

Markets

Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs

An anticipated interest rate hike seems to be overshadowing Merge optimism.

Ether's daily chart shows sellers have regained control. (TradingView)

Markets

First Mover Americas: BTC to $15K? As Rally Stalls, Some Traders Fear Another Leg Down

The latest price moves in crypto markets in context for July 26, 2022.

The worsening macro environment stokes fears that BTC will drop to $15,000. (Christoffer Engström/Unsplash)

Markets

Ether, Solana Lead Losses Among Major Cryptos, Analysts See Further Declines After Fed Rate Hikes

No clear buy signal emerged for bitcoin and a poor macroeconomic situation still dominates, one analyst said.

Dos legisladores apoyaron el aumento en las tasas de interés a riesgo de reducir el crecimiento económico. (Peter Cade/Getty Images)

Markets

Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin

“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.

(Wikimedia Commons)

Markets

Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon

The U.S. central bank is expected to raise interest rates by 75 basis points, which many economists say is too dovish. But traders are thinking about possible rate cuts as soon as next year.

(Paul Brady/Shutterstock)

Markets

Market Wrap: Bitcoin Starts the Week in Negative Territory

Bitcoin declines on lower than average volume, offering lower prices but little conviction.

Bitcoin declined 4.3% on Monday. (CoinDesk and Highcharts.com)