Fed raises policy rate; Bitcoin slides below $19,000
On Wednesday, September 21, the U.S. Federal Reserve (Fed) raised the target range for its federal funds rate by 75 basis points, to 3–3.25%. The crypto market reacted with a drop.
Fed raises policy rate; Bitcoin slides below $19,000
On Wednesday, September 21, the U.S. Federal Reserve (Fed) raised the target range for its federal funds rate by 75 basis points, to 3–3.25%. The crypto market reacted with a drop.
Trader Outlines Potential New Wave of Bitcoin Price Decline
A practicing trader and founder of the Crypto Shaman project Vadim Shovkun explains the current market situation.
Futures Analysis: Bears Intensify Pressure on Bitcoin
We analyse Bitcoin and Ethereum price levels on the Bybit crypto exchange.
Bitcoin breaches the $19,000 level; Ethereum below $1,300
On Monday, September 19, the price of the first cryptocurrency failed to hold above $19,000. Over the past 24 hours the asset fell 7.8%, according to CoinGecko.
Trader Outlines Bitcoin’s Medium-Term Outlook
The market picture is provided by a practicing trader and founder of the Crypto Shaman project, Vadim Shovkun.
Bitcoin falls below $20,000; Ethereum slips below $1,500
Bitcoin fell below the key $20,000 level. Ethereum was trading around $1,480 at the time of writing.
Expert forecasts a turnaround in the cryptocurrency market
Former Goldman Sachs executive and macro investor Raoul Pal noted favorable prospects for the digital asset market over the next 12–18 months. He cited the formation of prerequisites for a change in the economy.
US inflation slows but falls short of expectations; Bitcoin under pressure
The year-over-year growth in US consumer prices in August slowed from 8.5% to 8.3%, while its core gauge accelerated from 5.9% to 6.3%. The data reinforced the case for maintaining an aggressive Federal Reserve policy and led to selling in the cryptocurrency market.
Futures Analysis: Buyers Return to the Bitcoin Market
We analyse price levels of Bitcoin and Ethereum on the Bybit exchange.
Bitcoin price climbs above $22,000
On Monday, September 12, the price of the leading cryptocurrency surpassed $22,000. In the last 24 hours the asset rose by 3%, according to CoinGecko.We use cookies to improve the quality of our service.
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