Federal Reserve System | ForkLog

ForkLog 12 14.01.2025

Analysts see ‘positive surprises’ in macro data for bitcoin

The release of US inflation reports on 14–15 January could stoke risk appetite across global markets, supporting bitcoin, according to QCP Capital. Asia Color — 14 Jan 25 1/ Global markets are recalibrating as the Fed signals a prolonged higher-rate environment. The 10Y yield surged to 4.8%, its highest since late 2023. Markets now expect […]

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ForkLog 29 13.01.2025

US labour data all but erased inflows into crypto funds

From 4 to 10 January, digital-asset investment funds took in $44.2m. Macro data from the United States set a muted tone for the new year, according to CoinShares. Data: CoinShares. By the firm’s calculations, until the publication of the “hawkish” minutes from the latest the Fed meeting (8 January), inflows totalled roughly $1bn. The US […]

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ForkLog 11 23.12.2024

Hawkish Fed Signals Dampen Inflows to Crypto Funds

Between December 15 and 21, cryptocurrency investment funds received $308 million, a sharp decline from the $3.2 billion the previous week, according to CoinShares. Data: CoinShares. The trend was overshadowed by the largest daily outflow since mid-2022, amounting to $576 million on December 19, following the Federal Reserve’s hawkish rate cut. At a press conference, […]

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ForkLog 12 19.12.2024

Fed Chair Dismisses Idea of US Bitcoin Reserve

Jerome Powell, Chairman of the Federal Reserve, indicated that the institution is not interested in establishing a national bitcoin reserve. Following the statement, the cryptocurrency’s price barely held the $100,000 level. On December 18, the Federal Reserve announced a reduction in the key interest rate by 25 basis points, bringing it to 4.25-4.5% per annum. […]

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ForkLog 21 18.12.2024

Bitcoin Dips Below $104,000 Following Fed Rate Cut

On December 18, the United States Federal Reserve reduced the target range for the key interest rate by 25 basis points to 4.25-4.5% per annum. This marks the third consecutive cut since September. The decision aligned with market expectations and the consensus forecast of analysts. “Recent indicators suggest that economic activity continues to expand at […]

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ForkLog 9 17.12.2024

Bitcoin Options Market Loses Optimism Ahead of Fed Meeting

Participants in the bitcoin options market are taking measured positions ahead of the upcoming December 18 meeting of the Fed and the largest expiration in history. This is reported by CoinDesk. On December 16, the price of the leading cryptocurrency broke through the $107,000 mark. The following day, it approached $107,800 and at the time […]

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ForkLog 12 14.12.2024

Central Bank Policies Support Bitcoin’s $100,000 Level, Says Expert

Bitcoin maintains the psychological threshold of $100,000, buoyed by investors’ high risk appetite, which is fuelled by central banks’ monetary easing. This view was expressed by Jag Kuner, head of derivatives at Bitfinex, in a conversation with The Block.

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ForkLog 7 11.12.2024

US Inflation Accelerates as Bitcoin Surges Past $100,000

In November, annual inflation in the United States reached 2.7%, up from 2.6% the previous month, aligning with market expectations of 2.7%. On a monthly basis, the consumer price index rose by 0.3%, compared to 0.2% in October. The consensus forecast had anticipated a 0.3% increase. Excluding food and energy prices, the index rose by […]

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ForkLog 18 05.12.2024

Jerome Powell Compares Bitcoin to Gold

The Chairman of the United States Federal Reserve, Jerome Powell, regards Bitcoin as a speculative asset, akin to gold. The official made this statement on November 4 at the DealBook summit. BREAKING: ?? Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin Magazine (@BitcoinMagazine) December 4, […]

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ForkLog 7 21.11.2024

Seen this film before: how crypto’s 2024 echoes 2016

Donald Trump is heading to the White House, bitcoin is taking up more space in investors’ portfolios, and altcoins still refuse to rally. We read such headlines both today and exactly eight years ago. Oleg CashCoin explains why 2024 looks uncannily like 2016, where it differs and what follows. Waiting for Trump In 2016 Donald […]

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ForkLog 9 15.11.2024

Fed Chair’s Remarks Push Bitcoin Below $87,000

In the early hours of November 15, Bitcoin tested levels below $87,000. The catalyst was remarks by Federal Reserve Chair Jerome Powell about the lack of urgency in easing monetary policy. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the price had returned to $88,000. The daily decline rate decreased to 1.2%. […]

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ForkLog 38 13.11.2024

US Inflation Meets Expectations as Bitcoin Surpasses $93,000

In October, annual inflation in the United States reached 2.6%, up from 2.4% the previous month. This figure aligned with market expectations of 2.6%. 13 November 2024 | 17:43Update: Following the release of US inflation data, Bitcoin briefly hit $91,000, setting a new all-time high. 5-minute BTC/USDT chart on Binance. Data: TradingView. 13 November 2024 […]

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