The decline in foreign exchange deposits and downward price pressure also comes as large investors and short-term holders realize their losses. The Bitcoin market is currently experiencing easing pressure after a period of intense selling by investors. The easing pressure is reflected in reduced deposits on exchanges and a significant recovery in the price of […]
Federal Reserve Bank of Cleveland President Beth Hammack said Friday that, given her own view of the economy, she would prefer monetary policy to be tighter than it currently is. The Fed’s rate cut this week, along with earlier easing this year, keeps interest rate policy “around a neutral” level, Hammack said at an event […]
U.S. 10-year Treasury yields rose on Friday after two consecutive sessions of declines, as investors assessed comments from a stream of Fed speakers and the positive outlook for the economy.US yields have risen steadily in recent weeks in parallel with global yields as many central banks have signaled they are at or near the end […]
The S&P 500 and Nasdaq fell on Friday after Broadcom’s latest results increased concerns about an AI-powered bubble, dampening optimism from the Federal Reserve’s less aggressive than expected signals on rate cuts in 2026.Broadcom fell 8.4% after the chipmaker warned of smaller future margins on sales of its AI systems, despite expected strong quarterly revenue. […]
The Fed pushed ahead, but BTC’s price movements disappointed some. It was an eventful week across all financial markets, especially in crypto, as the US Federal Reserve cut interest rates for the third time in a row in 2025. But before we get into the central bank’s decision, let’s recap what happened to the price […]
Wall Street’s tech-focused Nasdaq fell to a one-week low on Thursday as new concerns about Oracle’s hefty AI spending plans overshadowed optimism about a less hawkish tone from the Federal Reserve.Oracle fell 14% after quarterly forecasts fell short of analyst estimates and the company raised its annual spending forecasts, rekindling concerns that the pace of […]
Despite the price drop, BTC has increased its dominance over the altcoins to over 57%. The past 24 hours have been quite eventful for the cryptocurrency market, which has naturally seen increased volatility. Bitcoin (BTC) made another attempt to reach $95,000 but failed and returned to around $90,000. Some of the leading altcoins are deep […]
The ETH social mood turned from hype to frustration within hours, as the rally faded just after the Fed’s expected 25 basis point rate cut. The Federal Reserve made its third straight rate cut of 25 basis points on December 10, confirming the easing path most traders had been waiting for. Although the decision briefly […]
US Federal Reserve Chairman Jerome Powell The US central bank’s interest rate policy is well positioned to wait and respond to the way the economy is developing. This could be seen as an indication of a pause in rate cuts at the upcoming FOMC meeting.“We are well positioned to determine the extent and timing of […]
The Dow Jones rose more than 500 points on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and indicated it is likely to halt further cuts in borrowing costs in line with expectations. The cut was the result of a divided vote, with the central bank saying it […]