Interest Rates

Interest rates hold steady for fifth-consecutive FOMC meeting as Fed calls for three cuts later this year

Bitcoin started another record-setting week Monday, hitting a price of $72,846.65 according to Coinbase

The Fed opts to hold rates for a fourth consecutive time, citing high job openings and slightly improving inflation

Bitcoin gained 1% Friday morning, paring losses from earlier in the week that saw the crypto lose as much as 4%

The Fed has once again opted to pause increasing interest rates, citing increased credit concerns and slow job growth

The 30-day estimate for the world’s largest digital asset has fallen to just 0.74%, bitcoin’s lowest realized reading since Jan. 16

Crypto and equities dipped lower Wednesday after the central bank said interest rates wouldn’t be budging

eToro’s Callie Cox noted that bitcoin has led the stock market “in seven of the last 10 Fed days”

Howard Marks, founder of Oaktree Capital, says ‘the weakness of the bank shows up the strength of bitcoin’

The world’s largest asset manager expects the Fed to continue hiking rates, with potential short-term consequences for crypto

The number of individuals holding more than one bitcoin rose to new heights on Sunday as investors remain skittish on bank sector stability

The Federal Reserve opted for another small interest rate hike, with both equities and crypto markets enjoying what they see off the bat

Some believe the fallout from Silicon Valley Bank, Silvergate and Signature Bank has only added fuel to the rally in digital assets

The central bank raised interest rates by 25 basis points — that’s not surprising — but all eyes are on the subtext

If Powell and the committee signal a forthcoming pause in interest rate hikes, markets will react favorably, but a hawkish stance will likely send shares plummeting again

Bitcoin and ether lost close to 3% and 4%, respectively, ahead of the Fed’s rate decision

The Fed is expected to continue raising interest rates, although at a slower pace, delaying the shift in policy traders have been eyeing

Markets remain indecisive, with wide 2% swings seen in both directions shortly the report’s release

An early, solid 2023 showing for markets has a slim shot of translating to the rest of the year, analysts said

The hike marks the Fed’s seventh consecutive rate increase, a strategy it hopes will curb the highest inflation the country has seen in more than four decades

Q3 advertising struggled, partly due to a pullback in spending from crypto companies, Google’s Chief Business Officer Philipp Schindler said

Powell was guarded when asked about what might come in November — markets are still betting on a 75 bps increase at the next FOMC meeting

Following Powell’s speech, markets predict chance of a 75 basis point September rate hike is slightly lower compared to earlier in the week

Futures markets are now pricing in a 53% chance of a 50 basis point hike and a 48% chance of a 75 basis point hike in September