Bitcoin’s price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December.
Federal Reserve news
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies.
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC’s consolidation?
ADA’s gains largely coincide with the conclusion of the fourth Cardano Summit, among other catalysts.
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.