-
Crypto volatility spikes ahead of FOMC meeting as Bitcoin trades near $26,800
Volatility is on the rise in the crypto market as Bitcoin (BTC) spiked more than $1000 in intraday trading on Monday ahead of the start of the September Federal Open Market Committee (FOMC) meeting, where the Fed will reveal its plan on interest rates moving forward. Stocks trended higher in the early hours, but the momentum faded in the afternoon as traders moved to reduce their exposure to the market ahead of Wednesday's interest rate announcement. While it’s widely expected that the Fed will leave rates unchanged, there are concerns that a recent uptick in inflation could prompt the central bank to raise rates ... (full story)
- Comments
- Subscribe
-
- Older Stories
From schwab.com|Sep 18, 2023A return to the Great Moderation Era looks unlikely, which might lead to an increasingly volatile—and somewhat unfamiliar—inflationary, economic, and geopolitical landscape. It's ...
From econoday.com|Sep 18, 2023Expectations are that the FOMC will leave rates unchanged after their deliberations on September 19-20. These are unlikely to be disappointed. The FOMC is unanimous in its ...
From cmegroup.com|Sep 18, 2023Consumer spending, which accounts for about 60% of U.S. economic activity, has taken a few knocks but remains healthy overall.
-
- Newer Stories
From youtube.com/cnbctelevision|Sep 18, 2023CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile ...
From kitco.com|Sep 18, 2023When it comes to the increasing attention being paid to digital assets, Bitcoin (BTC) remains the primary point of focus as it was the first to launch and has the highest market ...
From axios.com|Sep 18, 2023New York has quietly but dramatically shortened its list of pre-approved cryptocurrencies that regulated entities can readily exchange or custody on behalf of clients. Driving the ...
- Story Stats
- Posted: Sep 18, 2023 5:24pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 70
- Linked events:
