No Data
No Data
Biden speaks again: The Federal Reserve will continue to cut interest rates!
①Biden expects the Fed to continue cutting interest rates; ②He said the Fed's 0.5 percentage point rate cut on Wednesday "is good news for consumers".
Bitcoin futures rose more than 5% the day after the Federal Reserve's interest rate cut, briefly surpassing $0.064 million.
On Thursday (September 19), during the New York closing, the cme-bitcoin futures BTC block orders contract was priced at $63,165.00, up 5.03% from the New York closing on Wednesday, trading in the range of $60,345.00-64,045.00 during the session.
Fed's Jerome Powell's Message Creates Ripple Effect on Crypto Market
The Federal Reserve's substantial interest rate cut, and bitcoin broke through $0.06 million2! Is there a chance for the next bull market in the cryptocurrency circle?
After experiencing a range-bound volatility from August to early September, with the landing of the Fed's interest rate cut, the panic sentiment in the cryptocurrency market has been eased, and the bulls have begun to dominate. Bitcoin has rebounded sharply from its low point of $52,550 earlier this month, with a range increase of nearly 20%.
Witness history! Trump pays for hamburgers and cola with bitcoin.
① As a result, Donald Trump became the first former president in US history to use bitcoin for payment; ② According to reports, on Wednesday, he treated guests to hamburgers and cola at a bar in downtown New York City, and promised to end the process of the US Federal Reserve's digital currency and dismiss the SEC Chairman.
Is the 50 basis point rate cut a response to the crisis? The future of bitcoin seems bleak.
Analysis warnings suggest that if history repeats itself after a significant interest rate cut by the Federal Reserve, the trend of bitcoin prices may have to go against stocks.