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Minneapolis Fed President Neel Kashkari backed gradual interest rate increases as persistent inflation and uncertainty around the Strait of Hormuz complicate the outlook for US monetary policy. Kashkari calls for gradual Fed rate hikes Kashkari said during a CNBC interview…
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Bitcoin
Markets
Ethereum price fell nearly 2% to about $1,883 on July 31 after another rejection below $2,000 weakened momentum and pushed the token toward a key technical support zone. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price…
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Ethereum
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Bitcoin price moved back toward $65,000 on Thursday after softer U.S. inflation data eased fears of another Federal Reserve rate hike, although renewed U.S.–Iran fighting kept traders cautious. Bitcoin price approaches $65K after PCE release Bitcoin rose to an intraday…
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Bitcoin
Markets
Ethereum price remained trapped near $1,920 on July 30 as resistance below $2,000, restrictive US monetary policy, delayed crypto legislation, and broader market fear limited demand. Ethereum price consolidates below $2,000 According to data from crypto.news, Ethereum (ETH) price was…
ETH
Ethereum
Markets
Bitcoin price remained trapped near $64,600 on July 30 as renewed US-Iran fighting, a hawkish Federal Reserve, and another CLARITY Act delay prevented buyers from extending the recovery. Bitcoin price struggles to leave its consolidation range According to data from…
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Bitcoin
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Bitcoin and other major cryptocurrencies barely moved after the Federal Reserve left interest rates unchanged, suggesting traders had largely prepared for the decision. Fed keeps interest rates unchanged Federal Reserve officials maintained the federal funds rate at between 3.5% and…
Markets
Bitcoin price recovered 2.8% from an intraday low of $62,850 to around $64,650 on July 29 as traders positioned for the Federal Reserve’s interest rate decision. Bitcoin price recovers before the Fed decision According to data from crypto.news, Bitcoin (BTC)…
BTC
Bitcoin
Markets
Bitcoin price has fallen more than 1% below $66,000 as renewed U.S.-Iran threats have lifted oil prices and increased expectations for another Federal Reserve rate hike this year. According to data from crypto.news, Bitcoin (BTC) price was trading near $65,700…
BTC
Bitcoin
Markets
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index…
ETH
Ethereum
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Bitcoin has climbed back toward the $65,000 level after softer-than-expected U.S. inflation data sharply reduced market expectations of a Federal Reserve rate hike at the July policy meeting. According to the U.S. Bureau of Labor Statistics, the consumer price index…
BTC
Bitcoin
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The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserve’s June Federal Open…
Markets
Bitcoin has held above $63,000 after last week’s macro-driven rebound, but traders are now weighing expectations of Federal Reserve rate cuts against rising geopolitical tensions and mounting technical resistance. According to data from crypto.news, Bitcoin (BTC) price traded around $63,100…
BTC
Bitcoin
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Bitcoin has climbed back above $60,000 after Federal Reserve Chair Kevin Warsh declined to signal the direction of future interest rate decisions during an ECB policy discussion. According to data from crypto.news, Bitcoin (BTC) traded around $60,175 at the time…
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Bitcoin
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The U.S. Supreme Court has blocked President Donald Trump’s bid to remove Federal Reserve Governor Lisa Cook, preserving the Fed Board’s current balance as the administration continues pushing for lower interest rates. According to the Court’s 5-4 decision, the justices…
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Morgan Stanley has warned that the Federal Reserve could still be forced to raise interest rates this year under certain economic conditions, even as it maintains its forecast for unchanged policy. According to Morgan Stanley, its base-case forecast remains that…
Markets
Ethereum has extended its weekly decline as a multi-billion-dollar options expiry, institutional selling, and a hawkish Federal Reserve outlook have driven the token back toward its key $1,500 support. According to data from crypto.news, Ethereum (ETH) fell about 7% to…
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Ethereum
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