Interest Rates

Plus, let’s check on the nine ether ETFs now trading on US exchanges

Thursday’s CPI report shows prices are coming down more quickly than analysts had anticipated, renewing hope that central bankers will cut rates in the fall

Plus, a look into ETH ETF fees and a spicy exchange from this morning’s Senate Banking Committee hearing

NVIDIA’s gains alone make up more than a third of the S&P 500’s total returns during the first six months of the year

Plus, what the latest economic data means for interest rates

As market digests a rate decision that many priced in, the key figure seems to be committee members’ long-term outlook

The Fed’s anticipated decision left bitcoin relatively unchanged after a cooler-than-expected CPI report

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

The Fed once again opted to not surprise markets on Wednesday, moving to hold 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