FOMC News

With the BRICS nation exploring de-dollarization to minimize the impact of FOMC policies on the global market, does crypto have a role to play?

Bitcoin (BTC) surpassed the $29,000 mark after the US Federal Reserve (Fed) hit another 25 basis point rate hike.  The Fed surged its fund’s rate to 5.25%, according to a CNBC report on May 3. This rate hike, similar to…

After the 25 bps rate hikes announced by the Fed on March 22, the markets, including bitcoin, crypto, and stocks, reacted negatively. 

This week, the cryptocurrency market has experienced a rollercoaster ride. The market has been volatile, from the release of the consumer price index report to the completion of the merger between Ethereum and Bitcoin, it has been a wide ride.…

According to Wu Blockchain, the Fed did not mention a recession in its June FOMC meeting, but mentioned inflation 90 times. As the second quarter approaches, the FOMC believes that the US economy will improve and the overall trend remains…

Volatility returned to the crypto landscape with a bang on May 5, with BTC hitting an almost two-month low. The crash amid mounting global inflation painted a disturbing picture for traders as the king coin inclined closer to the $35,500…

On 16th March 2022, the FOMC announced the first increase in interest rate since 2018. While experts expected the interest rate changes to cause bitcoin price drops, Santiment reports that there was no negative impact on BTC. Analysts have differing opinions on why the news has not vastly shaken Crypto.