fedinterest
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**PPI** & **FED** Powell News will create decent volatility in the market.
Get Ready at **5:30** pm & **7:00** pm for the news events.
#Memecoins #ppi #fed #fedinterest #ETHETFS
$BTC $ETH
**PPI** & **FED** Powell News will create decent volatility in the market.
Get Ready at **5:30** pm & **7:00** pm for the news events.
#Memecoins #ppi #fed #fedinterest #ETHETFS
$BTC $ETH
🌐 Federal Reserve Governor Michelle Bowman doesn’t expect the Fed to cut interest rates in 2024, citing persistent inflation in the first few months of the year.
But Atlanta Fed President Bostic said the it may still cut interest rates this year, even if the timing and extent of policy easing are uncertain and inflation is slow to fall further.
#fedinterest #FedRateDecisions #MicroStrategy #altcoins
But Atlanta Fed President Bostic said the it may still cut interest rates this year, even if the timing and extent of policy easing are uncertain and inflation is slow to fall further.
#fedinterest #FedRateDecisions #MicroStrategy #altcoins
FED Interest Rate Decision Announced: Here is the First Reaction of Bitcoin and #altcoins
A small decline was observed in Bitcoin after the US Central Bank ( #fedinterest ) released its interest rate decision in the direction of expectations.
The FED announced in the last few minutes that it was releasing its interest rate Decision in the direction of expectations between 5.25% and 5.5%. At the beginning of the year, an interest rate cut was expected for May, but the US data failed to progress in any way, which led to the inability to make an interest rate cut today.
Along with the interest rate decision, there was no major movement in the Bitcoin price. Bitcoin, which was at $ 57,651 before the announcement, made a short move and fell to $ 57,350, but quickly recovered.
In parallel with Bitcoin, there was a small decline in altcoins as well, followed by an upward movement of close to 1%.
Economists think that there will be no interest rate cut in September in the current situation in the US.
#BTC #FOMOisReal #CryptoWatchMay2024
A small decline was observed in Bitcoin after the US Central Bank ( #fedinterest ) released its interest rate decision in the direction of expectations.
The FED announced in the last few minutes that it was releasing its interest rate Decision in the direction of expectations between 5.25% and 5.5%. At the beginning of the year, an interest rate cut was expected for May, but the US data failed to progress in any way, which led to the inability to make an interest rate cut today.
Along with the interest rate decision, there was no major movement in the Bitcoin price. Bitcoin, which was at $ 57,651 before the announcement, made a short move and fell to $ 57,350, but quickly recovered.
In parallel with Bitcoin, there was a small decline in altcoins as well, followed by an upward movement of close to 1%.
Economists think that there will be no interest rate cut in September in the current situation in the US.
#BTC #FOMOisReal #CryptoWatchMay2024
With the fed keeping the rate unchanged, we would see BTC coming back to its price of 59k-60k. #fedinterest #BTC🔥🔥🔥🔥🔥
🚨 The US Central Bank (Fed) recently made some announcements:
- Our progress toward the 2% target has slowed down lately.
- The decision on interest rates was agreed upon by everyone.
- Inflation dropped over the past year but stayed high.
- The economy is still growing strongly. More people are getting jobs, and unemployment remains low.
- We won't lower interest rates until we're more confident that inflation is steadily moving toward 2%. #BTC #fomc #fedinterest $BTC
#BullorBear
- Our progress toward the 2% target has slowed down lately.
- The decision on interest rates was agreed upon by everyone.
- Inflation dropped over the past year but stayed high.
- The economy is still growing strongly. More people are getting jobs, and unemployment remains low.
- We won't lower interest rates until we're more confident that inflation is steadily moving toward 2%. #BTC #fomc #fedinterest $BTC
#BullorBear
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$BTC Bitcoin went into long liquidation today. Some sources attribute this decrease to the news of #czprison and some to the news of #fedinterest (interest rate decision). However, let's look at the graphics. As you can see below, based on the recent daily bottom and bottom price Fibo levels on the daily chart, it has received a little reaction from the bottom level and will probably close slightly above it. If the daily closing does not exceed 62500K, it is considered normal for it to search for a new bottom, even if there are some upward attacks until the US interest rate decision tomorrow evening. I hope that the market will start to move upward towards the weekend after the interest rate decision.
