Federal Reserve
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F07%2Fbitcoin-blackred.jpg&w=1536&q=40)
Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F06%2Fzoom-usd.jpg&w=1536&q=40)
The balance of risks has turned to the unemployment rate, which has been steadily increasing since bottoming last year at 3.4%
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F06%2Fjerome-powell1.jpg&w=1536&q=40)
The Fed’s anticipated decision left bitcoin relatively unchanged after a cooler-than-expected CPI report
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F06%2Fjerome-powell.jpg&w=1536&q=40)
Also, tokenization continues to grab headlines and one bitcoin miner stock soars Tuesday after inking a big deal
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F05%2Fbitcoin-on-a-pedestal.jpg&w=1536&q=40)
The $948 million of inflows from May 13 to May 17 roughly equaled the net money that left the fund category over the five prior weeks
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F05%2Fbitcoin-blue-neon-1.jpg&w=1536&q=40)
Bitcoin was up around 2% over the past 24 hours at time of publication, according to data from Coinbase, to hit its highest price since late April
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F05%2Ffederal-reserve-flag.jpg&w=1536&q=40)
The Fed once again opted to not surprise markets on Wednesday, moving to hold interest rates
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F04%2Fjerome.jpg&w=1536&q=40)
Bitcoin and ether lost around 3% and 5% over 24-hours, respectively, erasing Monday’s gains, after the first day of spot ETF trading in Hong Kong left much to be desired
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F04%2Ffederal-reserve.jpg&w=1536&q=40)
Custodia’s battle is the latest of several crypto-centric cases that may set the tone for how the industry interacts with regulators
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F04%2Fbinance.us_.jpg&w=1536&q=40)
Martin Grant worked with the Fed for roughly 30 years before leaving his position in 2022
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F04%2Fjerome-powell.jpg&w=1536&q=40)
Bitcoin retook $68,000 Thursday, rallying close to 4% in 24-hours while ether gained 2% to sit around $3,400
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F03%2Ffederal-reserve.jpg&w=1536&q=40)
Interest rates hold steady for fifth-consecutive FOMC meeting as Fed calls for three cuts later this year
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F03%2Fbtc-light-purple-.jpg&w=1536&q=40)
Bitcoin started another record-setting week Monday, hitting a price of $72,846.65 according to Coinbase
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F03%2Ffed-res-plaque.jpg&w=1536&q=40)
The end of the Federal Reserve’s Bank Term Funding Program is set to come after the launch of bitcoin ETFs and before the bitcoin halving
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2024%2F03%2FJerome-Powell-recent.jpg&w=1536&q=40)
The S&P 500 and Nasdaq Composite gained 1.2% and 1.7%, respectively, while bitcoin and ether inched their way into the green
Get the daily newsletter that helps thousands of investors understand the markets.