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Bitcoin’s bloodbath slowed by Fed optimism, but as Citi analysts put it, crypto is “having a bit of a meltdown”
Bitcoin fell to below $81,000 early Friday morning, its lowest level since April and its worst monthly decline since the 2022 crypto winter. It slightly rebounded after a Fed governor’s comments upped hopes for a rate cut, but is down over $40,000 from its October 6 all-time high of $126,080. Bitcoin ETFs saw a massive $903 million in outflows on Thursday, one of the largest since their inception, bringing the total outflows so far this week to $1.45 billion, according to SoSoValue. Meanwhile, CoinMarketCap’s Fear and Greed Index dropped to 11, signaling “extreme fear,” its lowest level since March. As Citi ... (full story)
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NEW YORK FED'S WILLIAMS: FED CAN STILL CUT RATES IN THE NEAR TERM GIVEN CURRENT POLICY IS MODESTLY RESTRICTIVE WILLIAMS: INFLATION PROGRESS HAS STALLED, BUT SHOULD BE ON TRACK TO 2% IN 2027 *FED'S WILLIAMS STILL SEES ROOM FOR A NEAR-TERM RATE CUT
Williams: Navigating Unpredictable Terrain Good morning. Its a pleasure be here to celebrate the 100th anniversary of the Central Bank of Chile. The topic of my remarks today is inflation targeting, which is both an important part of Chiles central banking history and a core foundation of successful monetary policy. Most central banks around the world have adopted inflation targeting regimes over the past 35 years, and Chile was among those leading the way. Although specifics vary across jurisdictions, these strategies share three principles: independence and accountability, transparency and the clear communication of an inflation target, and well-anchored inflation expectations, gained from the credibility that central banks build over time.1 Today I will discuss the success of inflation targeting strategies in helping central banks achieve price stability and better economic outcomes. Ill also talk about how these strategies were critically important in managing uncertainty after the onset of the COVID-19 pandemicand how they helped countries bring inflation down while minimizing disruptions to financial markets and economies. Fed's Williams: Tariffs adding half to three-quarter PPT to inflation
From finance.yahoo.com | Nov 21, 2025
Bitcoin is on track for its worst monthly performance since a string of corporate collapses rocked the wider crypto sector in 2022. The largest cryptocurrency slid as much as 7.6% to $80,553, before paring losses on Friday. Runner-up Ether fell as much as 8.9% to below $2,700 and a host of smaller tokens nursed similar declines. The total market value of ...
From finance.yahoo.com | Nov 21, 2025
Bitcoin is on track for its worst monthly performance since a string of corporate collapses rocked the wider crypto sector in 2022. The largest cryptocurrency slid as much as 6.4% to $81,629 on Friday. Runner-up Ether fell as much as 7.6% to below $2,700 and a host of smaller tokens nursed similar declines. The total market value of virtual coins dropped ...