Tag: Fed

news-19102024-034510

Fed Rate Cut Continues to Support Crypto Market Growth

Last week's inflation report had little impact on the Federal Reserve's decision to continue cutting rates. Recently, the yield on 10-year U.S. Treasury bonds has increased from 3.6% to 4.1%, driven by quant-driven fund...
news-09102024-235251

Bitcoin Price Drops Below $61K Amid Federal Reserve’s Dovish Stance

Bitcoin's price fell below $61,000 despite the Federal Reserve's dovish stance in the Federal Open Market Committee's (FOMC) recent minutes. The FOMC revealed that a majority of participants supported a 50 basis point reduction...