Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran.
Bitwise analysts say Bitcoin trades in a historical value zone, but hawkish Federal Reserve signals and a competition for liquidity could sideline buyers.
Bitcoin has fallen nearly 3% toward $63,000 after stronger-than-expected U.S. labor market data reinforced the Federal Reserveβs hawkish outlook and reduced expectations for short-term rate cuts. According to U.S. Department of Labor data, initial jobless claims fell to 226,000 forβ¦
U.S. regulators have proposed requiring certain payment stablecoin issuers to verify customer identities under a new rule issued as part of the GENIUS Act framework. The Federal Reserve Board said Thursday that it is seeking public comment on a jointβ¦
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.
This article was updated with additional details from the Federal Reserveβs latest dot plot projections and voting results. The Federal Reserve has kept its benchmark interest rate unchanged at 3.50% to 3.75% for a fourth consecutive meeting as policymakers continueβ¦
Wall Street expectations for future Federal Reserve tightening have increased sharply, with Citadel Securities now warning that policymakers could begin raising interest rates again as early as September 2026. According to a note from Citadel Securities Head of Macro Strategyβ¦
Bitcoin has retreated toward $65,000 ahead of the Federal Reserveβs policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto.news, Bitcoin (BTC) price fell fromβ¦