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Hawkish Fed Hammers Cryptos
Hawkish Fed Hammers Cryptos, Bitcoin ETF Exodus
Bitcoin has dropped to $97,000 as of Friday afternoon in New York, a material fall from its pre-rate-cut all-time high of $108,135. Ether has shed 13%, while Solana is down 15% and XRP has slid 8%.
Bitcoin ETFs see record outflows as crypto market plunge accelerates after hawkish Fed meeting
Spot bitcoin ETFs saw $680 million in outflows on Thursday, the largest volume recorded in a single-day, according to Bloomberg data.
Cryptocurrencies Bitcoin, XRP, and Shiba Inu are rebounding after the Fed's hawkish pivot
Some may have seen Powell's comments as handing the market a lump of coal for Christmas. But the Fed's new projections should not have been surprising.
6d
The Fed’s ‘Biggest Nightmare’ Is Suddenly Coming True As Bitcoin Price Surges
Now, as a leak reveals Russia could be poised to beat the U.S. to a bitcoin reserve, the Federal Reserve has been warned its ...
6d
on MSN
Powell says Fed cannot hold bitcoin, not seeking to change that
By Michael S. Derby and Ann Saphir NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central ...
1d
George Selgin On Strategic Bitcoin Reserves, Debanking, And The Fed's Framework Review
Center for Monetary and Financial Alternatives at Cato Institute - discusses crypto, strategic Bitcoin reserves, and Fed’s ...
1d
Bitcoin's 2025 Outlook Suddenly Looks Uncertain: Here's Why
As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds ...
1d
on MSN
Where Analysts Think Bitcoin is Headed in 2025
Analysts are bullish that demand from spot bitcoin ETFs and the possible adoption of a U.S. bitcoin reserve could help ...
17h
on MSN
Pantera Capital is up 1,000x on Bitcoin, but says the rest of crypto is primed to pop
Pantera Capital is famous for its 1,000x return on Bitcoin, but PM Cosmo Jiang says now is the time to look at altcoins.
2d
Bitcoin sees weekly decline over Fed policy outlook, 1st since Trump's win
The Fed on Wednesday delivered a third straight interest-rate cut while signaling a slower pace of monetary easing next year ...
6d
on MSN
Fed can't hold bitcoin, not seeking to change that, Powell says
Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any ...
6d
on MSN
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...
5d
on MSN
Bitcoin Tests $100,000 After Fed Spurs Worst Drop Since September
Bitcoin fell below $100,000 as the Federal Reserve’s cautious outlook for interest-rate cuts hurt speculative investments.
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