Tag: federal reserve

Cryptory.net - Bitcoin once rallied to $43,475 after the Fed held its key interest rates steady for the third straight time.

Cryptory.net - Traders anticipate that the Federal Reserve will reduce interest rates by 100 basis points in the upcoming year. This move is expected to result in the depreciation of the US dollar and encourage investors to take on more risks in both cryptocurrency and traditional markets.

Cryptory.net - In prepared remarks, Michael Barr, a prominent Federal Reserve official, stated that it is imperative to regulate stablecoins.

Cryptory.net - While the Federal Reserve Governor maintains a skeptical stance on central bank digital currencies (CBDCs), there are individuals who advocate for the United States to consider investing in decentralized tokens such as Bitcoin and SHIB as a means to mitigate the effects of inflation.

Cryptory.net - Bitcoin fell below $25,000 support at one stage following the Fed’s announcement.

Cryptory.net - The world’s largest cryptocurrency has recovered back above the $29,000 level after the Fed announced its latest interest rate hike.

The US Federal Reserve (Fed) hiked interest rates by 0.25%, as predicted by many analysts.

Turmoil in the banking sector has Bitcoin reaching levels not seen in about nine months.

The Federal Reserve said Wednesday to launch its long-awaited instant payment service FedNow in July.