Financial markets remain skeptical of Trump's tariff threats, expecting him to eventually reach a compromise.
The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.
Bitcoin (BTC) could benefit from the People’s Bank of China’s (PBOC) decision to cut the reserve requirement ratio (RRR) by 50 basis points (bps). China Injects Economic Stimulus, Will Bitcoin Benefit? In an announcement on September 24, 2024, the Chinese central bank stated it had slashed the RRR by 50bps. The move bears semblance to […]
Given the renewed upward performance of the entire cryptocurrency market following the recent Federal Reserve (Fed) interest rate cut, Bitcoin is witnessing a wave of bullish predictions from crypto experts, with some forecasting that BTC’s final surge for this cycle has officially set in. Bitcoin Might Be Poised For The Last Great Rally Crypto expert […]
"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex
BTC, ETH and a few large-cap altcoins are redounding today, but data continues to point to an “overheated” market.
Bitcoin and gold have recorded strong performance in 2023 amid geopolitical uncertainties and rising interest rates.
The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.
A cut in the U.S. Federal Reserve rate is seen as bullish, as it boosts risk appetite among investors.