Rising interest rates may seem bullish for the bitcoin price, but a credit market unwind and hawkish central bank means a market selloff in the short term. The below is from a recent edition of BM…
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Bitcoin is trading around the $35,000 mark and is down 18% over the course of a week Tensions on the Ukraine border, inflation concerns and interest rates are rising Bitcoin’s price continues to... [[ This is a content summary only. Visit my website for full links, other content, and more!…
The US Federal Reserve has moved to cut interest rates by a quarter of a percentage point (or 25 basis points) today in a bid to steady an apparently weakening labor market. The cut is a second in a roll and comes amid a month-long government shutdown. At the time…
All attention in the leading cryptocurrency Bitcoin is focused on the FED decision to be announced this evening. While it is almost certain that the FED will cut interest rates, it is thought that this interest rate cut will be positive for the BTC and cryptocurrency markets. Digital asset fund…