BTC/USD: Bitcoin Slumps to Two-Week Low as Powell's Rates Scare Knocks Crypto Prices: ... Crypto Prices. Dec 20, 202400:40 PST. BTCUSD. Key points: Bitcoin slides to $96,000; Crypto pulls back broadly; Markets reel from Fed forecast.
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#BTC begins the first week of its new post-halving era with force, approaching $70,000. After a week of volatility, has the market put the worst behind it? Analysts suggest that halvings tend to see a drop in BTC price before a dramatic recovery. This cycle has been one of many firsts, notably a new all-time high for BTC/USD before the halving event. What will 2024 hold for us as miners adjust to the new reality and Bitcoin continues to navigate a fragile geopolitical and macroeconomic landscape? Comment your predictions and look at how the price of Bitcoin changed after the past halvings! 💬
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Bitcoin restores levels above $100000 after US inflation data came in line with expectation. The data reinforced expectations of more rate cut from the Fed, which is positive for risky assets and Bitcoin. #Bitcoin #Cryptocurrencies #inflation #CPI
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Bitcoin, Stock Prices Drop as US Inflation Data Comes in Hot ➡️ Read All : https://lnkd.in/eNrwDCPd Bitcoin has dropped following news that inflation in February was hotter than expected. The price of the biggest digital asset by market cap is now... [...] #BitcoinDrop #InflationImpact #InterestRates #CryptoETFs #AssetManagement #Crypto #Regulation #NBTC
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Stocks recover, cryptocurrencies slip sideways on CPI data ➡️ Read All : https://lnkd.in/dXSPjgad Bitcoin and ether faltered slightly Tuesday afternoon in New York while stocks rebounded after an initial slip on disappointing annual inflation numbers. The S&P 500... [...] #Bitcoin #Ether #Inflation #FederalReserve #CryptocurrencyMarket #Crypto #Regulation #NBTC
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FED CBDC and Bitcoin Rally Today Well, it seems like the FED can't introduce CBDCs without Congress and the President signing off on it... So while I do believe they may come out with one in the future, it is most likely some time off and Congress would be discussing it first. Hence, this could be the reason why Bitcoin hit an intermediate low today and then took off to the upside, the BTC chart looks good and may continue to rally...
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Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook #cryptonews - Bitcoin and the wider crypto market sold off as the Fed announced a 25 basis point rate cut to its benchmark policy rate and signaled that fewer rate cuts than initially planned could take place in 2025. Following Fed chair Jerome Powell’s post-rate cut presser, Bitcoin (BTC) price dropped 4.6% to $101,300, while Ether (ETH) […] https://lnkd.in/de-KYUX3
Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
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Bitcoin Above $69,000 as Inflation Shows Signs of Easing Ahead of Fed Meeting ➡️ Read All : https://lnkd.in/e5TkHgfe U.S. prices rose modestly in June, suggesting cooling inflation that might allow the Federal Reserve to cut interest rates in September and provide a pathway... [...] #USInflation #FederalReserve #InterestRates #CryptoInvestment #TrumpBitcoin #Crypto #Bitcoin #NBTC
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📈 BTC Volatility Update: Matrixport reports that Bitcoin's 30-day volatility has risen to 62%, surpassing its long-term average of 58%. Historically, volatility above 70% tends to stabilize quickly. Bitcoin has fallen 12% since June 21, mirroring trends from last year. Key macro events in September, including U.S. employment data, presidential debates, and the Fed's interest rate decision, could add to market uncertainty. 📊🔍 #Bitcoin #CryptoVolatility #MarketWatch
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PCE Data Used by the US FED to Measure Inflation Announced! What Was Bitcoin's First Reaction? ➡️ Read All : https://lnkd.in/eQ3H5pT9 While Bitcoin (BTC) fell to $ 59,000 again with the decline it experienced, data on Personal Consumption Expenditures (PCE), which is closely followed by the... [...] #Bitcoin #FED #InterestRateCut #PersonalConsumptionExpenditures #InflationIndicator #Crypto #Regulation #NBTC
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Bitcoin: 3 key narratives that could influence BTC prices this week Bitcoin has edged higher above $63,000 as the new week unfolds several narratives that could influence prices. The Federal Reserve minutes, CPI data, and Q3 earnings could drive further price gThe post Bitcoin: 3 key narratives that could influenc https://lnkd.in/e8N_Np5R #Blockchain #Crypto
Bitcoin: 3 key narratives that could influence BTC prices this week
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