Federal Reserve System | ForkLog

ForkLog 12 04.05.2023

Experts forecast Bitcoin rally to $36,000 on Fed signals

Signs that the end of the Federal Reserve’s rate-hike cycle could spark a strong Bitcoin rally. Matrixport analysts expect the first cryptocurrency to rise about 20%, to $35,000–$36,000.

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ForkLog 11 03.05.2023

Fed raises key rate; Bitcoin holds above $28,500

On Wednesday, May 3, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5–5.25% per annum.

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ForkLog 11 12.04.2023

US inflation slows; Bitcoin nears $30,500

The year-on-year rise in consumer prices in March slowed from 6% to 5%, and the monthly rate from 0.4% to 0.1%. After the data were published, Bitcoin jumped to its highest level since June 2022, nearing $30,500.

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ForkLog 15 22.03.2023

Fed raises policy rate; Bitcoin holds above $28,000

On Wednesday, March 22, the U.S. Federal Reserve raised the target range of the federal funds rate by 25 basis points to 4.75-5%.

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ForkLog 19 14.03.2023

U.S. inflation broadly met expectations; Bitcoin rose

A fresh U.S. CPI report broadly met market expectations. The cryptocurrency market reacted positively to the release.

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ForkLog 18 10.03.2023

Fed weighs creation of expert group for the crypto industry

The U.S. Federal Reserve (the Fed) intends to form a group of experts focused on the cryptocurrency industry. This was announced by Michael Barr, the Fed's deputy chair for supervision.

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ForkLog 16 07.03.2023

Bitcoin tests $22,000 as Powell signals potential further Fed tightening

The Fed chair Jerome Powell, in a congressional testimony, said there is a high likelihood of further tightening of monetary policy.

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ForkLog 16 24.02.2023

Fed warns banks of liquidity risks tied to crypto firms

The Fed, FDIC, and OCC issued a joint statement reminding U.S. banking institutions of the potential risks posed by crypto-focused firms.

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ForkLog 22 14.02.2023

US inflation beats expectations; Bitcoin falls

January CPI rose 0.5% month-on-month and 6.4% year-on-year, with the core gauge up 0.4% and 5.6%, respectively. The 12-month trend matched December's readings and beat expectations. Bitcoin's price, after a pause, began to slide.

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ForkLog 17 08.02.2023

Powell’s testimony triggers volatility in crypto markets

The interview with the U.S. Federal Reserve chair Jerome Powell at the Economic Club of Washington sparked sharp swings in digital assets.

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ForkLog 20 01.02.2023

Fed raises key rate; Bitcoin edges higher

On Wednesday, February 1, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 4.50%–4.75% per year.

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ForkLog 24 14.12.2022

Bitcoin slips below $18,000 as Fed raises rates

The Fed raised the target range for the federal funds rate by 50 basis points—to 4.25-4.50%.

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