-
Bitcoin jumps to $94,000, but 'hawkish' Fed cut threatens crypto rally
Bitcoin jumped to hover above $94,000 on Tuesday, but strategists grew cautious of a year-end crypto rally amid growing expectations that the Federal Reserve will cut rates this week, while signaling a potential pause in future policy easing. Markets widely expect the central bank to deliver a 25 basis point rate reduction at the end of its two-day policy meeting on Wednesday. But both the CME FedWatch and Polymarket show growing bets that Fed Chair Jerome Powell's post-meeting remarks could signal a pause in January as policymakers try to balance containing inflation with a cooling labor market. "If Powell does ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
President Donald Trump indicated he would judge a new Federal Reserve chair by whether they immediately move to cut interest rates. Trump responded yes when asked in an interview with Politico if a quick reduction of borrowing costs would be a litmus test for his handpicked central bank leader. Yes. Well, this guy too ... should too, Trump told Politico ...
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about whats ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If thats the case, it will take the Feds key ...
From forex.com | Dec 9, 2025
With one day left before the Federal Reserves decision, market expectations point to a rate cut from 4.00% to 3.75% in the short term. A potential reduction in borrowing costs in the United States creates an environment of greater liquidity, which typically benefits risk assets such as Bitcoin, as capital tends to seek higher returns when interest rates ...