Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance

Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell.

View Details

‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst

With the Merge resulting in a ‘buy the rumor, sell the news event,’ Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower" given how hawkish the Fed has been.

View Details

Bitcoin Price on Verge of $20,000 amid Fed’s Interest Rates Announcement

Crypto prices drop are more likely as the Fed is set to announce interest rate hikes on Friday this week. (Read More)

View Details

Federal Reserve Chair Powell Sees Interest Rate Hike this Month

Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain. (Read More)

View Details

US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates

The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June 14. The prevailing market sentiment leans towards the [...]

The post US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates appeared first on Crypto Breaking News.

View Details