Tag: Economic outlook
U.S. Inflation Report: Signs of Cooling Boost Risk Assets
As the U.S. economy navigates through uncertain waters, all eyes are on the upcoming inflation report, set to be released under President Donald Trump's tenure. This report holds the key to potential interest-rate cuts...
Jerome Powell’s Hawkish Comments Impact on Crypto Markets
Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy
The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
Bitcoin Critic Debunks ‘Institutional Demand’ Myth Amid Price Slump
Bitcoin Critic Questions Institutional Demand Amid Price DeclineRenowned Bitcoin critic Peter Schiff has raised doubts about the purported increase in institutional interest in Bitcoin, the leading cryptocurrency. Schiff's skepticism comes in the wake of...
How Trump’s Victory Could Impact Bitcoin Trading – Financial Times
Bitcoin traders are keeping a close eye on the potential impact of a Trump victory on the cryptocurrency market. The idea of a "Trump trade" is gaining popularity, as many believe that the former...
Stick With Bitcoin: 10x Research Recommends Amid Fed’s 2024 Rate Cut Prediction
Bitcoin, the leading cryptocurrency, has been under pressure recently due to the Federal Reserve's prediction of interest rate hikes. Despite this, 10x Research continues to recommend sticking with Bitcoin, especially after the Fed's announcement...