Tag: Federal Reserve policy
Bitcoin Price Analysis: First Mover Americas Holds Below $75K Pre U.S. Rate Cut
Bitcoin's price is currently trading at around $75,000, which is slightly lower than its recent all-time high of nearly $76,500. This slight dip comes ahead of the upcoming interest-rate cuts by the Federal Reserve,...
Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn
Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of $1.45 billion, but revenue from transaction fees decreased by 27%.Analysts...
Why Today’s FOMC Meeting is Crucial for Crypto Investors
Today's FOMC meeting is crucial for crypto investors and the broader financial market. Analysts believe that this meeting will be one of the most important in recent years. Kurt S. Altrichter, a financial advisor...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease in their value over a 24-hour period. Bitcoin was trading...
