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🌐 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
🌐 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
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
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
🚨 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
🚨 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 $BTC
#BullorBear
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$BTC Bitcoin bugün long likidasyon ( Tasfiye) yaptı. Bazı kaynaklar bu düşüşü #czprison haberlerine bazıları #fedinterest ( faiz kararı ) bağlıyor. Ancak biz grafik kaynaklı bakalım. Aşağıda gördüğünüz gibi günlük grafikte son dönem günlük dip ve taban fiyat fibo seviyeleri baz alındığında dip seviyeden biraz tepki aldı ve muhtemelen biraz üzerinde günlük kapanış yapacak. Günlük kapanış 62500K üzerinde yapmaz ise Yarın akşam ABD faiz kararına kadar biraz yukarı ataklar gelsede yeni dip arayışı yapması normal karşılanır. Faiz kararı sonrası haftasonuna doğru piyasa yukarı yönlü harekete artık başlayacaktır diye umuyorum.
$BTC Bitcoin bugün long likidasyon ( Tasfiye) yaptı. Bazı kaynaklar bu düşüşü #czprison haberlerine bazıları #fedinterest ( faiz kararı ) bağlıyor. Ancak biz grafik kaynaklı bakalım. Aşağıda gördüğünüz gibi günlük grafikte son dönem günlük dip ve taban fiyat fibo seviyeleri baz alındığında dip seviyeden biraz tepki aldı ve muhtemelen biraz üzerinde günlük kapanış yapacak. Günlük kapanış 62500K üzerinde yapmaz ise Yarın akşam ABD faiz kararına kadar biraz yukarı ataklar gelsede yeni dip arayışı yapması normal karşılanır. Faiz kararı sonrası haftasonuna doğru piyasa yukarı yönlü harekete artık başlayacaktır diye umuyorum.
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