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Bitcoin, Ether, Other Crypto Prices Surge After Jumbo Fed Rate Cut
Darden Restaurants Posts Q1 Results, Joins Tesla, Nvidia, XPeng And Other Big Stocks Moving Higher On Thursday
The Chinese and American governments hold $23.2 billion in positions! Two charts show top holders of cryptos: Musk ranks only 4th...
According to data collected from the blockchain, the estimated amount of China's cryptos hold positions is 11 billion USD, with the US government holding the top position at 12.2 billion USD. As for the companies, Musk's Tesla ranks only 4th, trailing MicroStrategy's 14.768 billion USD.
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%.
U.S. stocks are on the move, with cryptos and concept stocks rallying, and bitcoin briefly reaching $62,000.
On September 19, Gelonghui: The cryptocurrency concept stocks are rising, with Bit Digital up more than 9%, MicroStrategy up nearly 8%, Hut 8 up more than 6%, Coinbase and CleanSpark up more than 5%. In terms of news, Bitcoin briefly rose above $62,000 per coin during the day, reaching a three-week high. Chris Aruliah, the director of institutional business at the cryptocurrency exchange Bybit, pointed out that historically, lower interest rates have often led to funds flowing from banks to the stock market, and lower interest rates will reduce returns on traditional investment instruments, prompting more investments to be made in stocks and cryptocurrencies.
Shares of Crypto-linked Stocks Are Trading Higher After the Fed's Wednesday Decision to Cut Rates by 50 Basis Points.
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.
BNB's 'Head and Shoulders' Pattern: Is a 19% Surge Likely Now?
Express News | US stock crypto concept stocks rose before the market, with Bit Digital and CleanSpark up over 5%, MicroStrategy and MARA Holdings up over 4%, and Coinbase up nearly 4%.
Breaking News! Legendary trader warns that the Fed rate cut and yen arbitrage trading could trigger a "financial market disaster".
Cryptos TOKEN 2049 conference took place in Singapore, where legendary trader Arthur Hayes delivered a speech, warning about the Fed's interest rate cut and yen carry trade, preparing to trigger a financial market collapse disaster.
Latest cryptocurrency news | Crypto market frenzy! Bitcoin breaks through the $62,000 mark; 'Bitcoin shadow stock' MSTR holding has a floating profit of over $5.7 billion.
Bybit institutions business director: rate cuts may be bullish for the cryptocurrency market in the short term, but investors need to remain vigilant in the current volatility; Standard Chartered Bank executive: stablecoins can mitigate the negative impact of the US Federal Reserve rate cuts on government bonds and the mmf.
Risk assets start to "celebrate"! Bitcoin takes the lead and returns to $0.062 million.
As traders adapt to the expected start of the Fed's loose policy cycle, the S&P 500 index futures and Asian stock markets are also rising.
Trump suddenly makes astonishing remarks! He launches a 'rare' bitcoin initiative...
Trump questioned the 50 basis point rate cut by the Federal Reserve, believing that it was a significant cut and indicative of the very poor state of the US economy. He took the unusual step of using bitcoin to purchase hamburgers at a bar in New York.
There was a "heated argument" during the congressional hearing in the USA, what exactly happened?
During a congressional hearing on Wednesday, September 18, there was a heated debate about the regulation of cryptos.
The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.
The Federal Reserve announces! 50 basis points cut, Powell's heavyweight statement!
The Fed's interest rate cut is finally here!
Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)
If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.
SHIB Burn Rate Surges by 3348% – Will This Push Shiba Inu to $0.00002?
Dogecoin Transactions Cross New High Since July: What About DOGE?
Bitcoin News: How Bhutan Beat El Salvador With 2x BTC Reserves