Post-FOMC Anxiety in a Kevin Warsh Fed Era: Why Bitcoin’s $62K Dip Is the New Normal
During this week’s FOMC meeting, the Federal Reserve dropped cautious hints about future interest rates. Prediction markets are currently pricing in a greater than 50% chance of at least one more rate hike before the year ends. This persistent…
Ethereum Price Prediction: Final Glamsterdam Tests Could Ignite ETH After FOMC
Ethereum price is pinned under $1,800, consolidating in a tight band as the market holds its breath ahead of the FOMC rate decision. Two overlapping catalysts, macro and protocol-level, could likely help the ETH case. On the development side, the…
CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days
The two macro events that will define Bitcoin’s second-half trajectory land within seven days of each other: May CPI on June 10 and the FOMC dot plot on June 17. April’s headline CPI already came in at 3.8% year over year, the highest reading…
Bitcoin Fell Below $80K as Inflation Shock Ripples Through Markets
Bitcoin tumbled below the key $80,000 level this week after a series of inflation reports rattled financial markets and forced a sharp reassessment of Federal Reserve policy expectations. The leading cryptocurrency had briefly traded as high as $82,700…
Bitcoin drops below $57,000, a sharp 6.25% decline
In a startling turn of events, Bitcoin’s value plummeted by 6.25%, breaching the $56,830 threshold. This sharp decline comes at a critical juncture, mere hours before the U.S. Federal Open Market Committee (FOMC) is set to announce its policy decision.…