Crypto Briefing - Bitcoin, Ethereum and the future of finance
WEBCrypto Briefing covers the latest developments, trends, and insights on Bitcoin, Ethereum, and the future of finance. Find unbiased reviews, breaking news, market analyses, and research on cryptocurrency and web3 projects, platforms, and events.
Bitcoin jumps 6% after Fed cuts rates by 50 basis points
WEB14 hours ago · Bitcoin is trading near $63,000, up 6% in the last 24 hours after the Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points. This move has also lifted the overall crypto market, with the total market cap rising 2% in response. 24-hour Bitcoin price chart from CoinGecko. The rate cut is viewed as favorable for hard ...
Bitcoin jumps close to $61,000, then pulls back after Fed's rate cut
WEB1 day ago · Bitcoin (BTC) experienced a sudden increase, approaching $61,000 shortly after the Federal Reserve (Fed) announced a US interest rate cut of 0.5%, its first cut in over 4 years. However, it quickly pared its gains amid volatile trading. Bitcoin is now trading at around $60,500, up 1.5% in the last hour, according to data from CoinGecko.
Polymarket users outperform economists in predicting US rate cut
WEB19 hours ago · 54% of Polymarket users correctly predicted the 50 bps Fed rate cut, outperforming 92% of economists. The crypto market value grew by 3.7% following the rate cut, while equities markets closed negatively. The majority of economists’ forecasts for the Fed interest rate decision on Sept. 18 were wrong, with 105 …
Bitcoin's dominance over altcoins grows amid market uncertainty
WEB2 days ago · Bitcoin’s (BTC) dominance over the top fifty altcoins by market cap is now at its highest since prices last approached all-time highs in March, according to a recent Kaiko report.. During the Aug. 5 sell-off, related to the sudden spike in interest rates in Japan, Bitcoin’s cumulative volume delta (CVD) remained strongly positive on US exchanges, while major altcoins experienced extensive ...
Bitcoin inflows surge $436 million as Ethereum funds face outflows
WEB3 days ago · Key Takeaways. Digital asset investment products saw $436m inflows after a period of $1.2bn outflows. Bitcoin received $436m inflows, while Ethereum faced $19m outflows amid L1 profitability concerns. Bitcoin (BTC) funds registered $436 million in inflows last week, while Ethereum (ETH) funds bled $19 million in …
NewsBriefs - Crypto Briefing
WEBQCP Capital reports two key events likely to impact crypto market volatility this week: the Trump-Harris debate and the final US CPI reading before the Fed's rate decision. Bernstein analysts predict Bitcoin could reach $80,000-$90,000 if Trump wins, but potentially test $30,000-$40,000 if Harris wins.
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News Archives - Crypto Briefing
WEBSep 13, 2024 · Gemini: Crypto adoption steady despite market downturn. Despite market downturns, steady crypto adoption signals long-term confidence and potential for growth, influencing investment strategies and political landscapes. Ecosystem Sep. 10, 2024.
Markets Archives - Crypto Briefing
WEBSep 9, 2024 · US Bitcoin ETFs shed $277 million over past week amid market downturn. Investor confidence in Bitcoin ETFs is waning, potentially signaling broader skepticism in the crypto market's stability and future growth. Markets Sep. 2, 2024.
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