Bitcoin trader warns of 'bearish reaction' to FOMC with $64K now essential
Bitcoin approached important near-term support on new Fed chair Kevin Warsh's first FOMC day with a $55,000 BTC price target still on the table.
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June CPI release lands six days before the FOMC, after a $1.72B ETF outflow week and a $59k sweep. Here’s why rates and inflation will set the tone.
Read full articleBitcoin approached important near-term support on new Fed chair Kevin Warsh's first FOMC day with a $55,000 BTC price target still on the table.
Geopolitical tensions strain US-Israel relations, impacting global markets and highlighting crypto's vulnerability to international conflicts. The post Israel launches strikes on Lebanon despite Trump criticism, sending Bitcoin below $63K appeared first on Crypto Briefing.
Warsh's hawkish stance at the Fed could pressure risk assets, including crypto, as inflation concerns limit rate-cut options. The post Federal Reserve expected to hold rates as Kevin Warsh chairs first meeting appeared first on Crypto Briefing.
The US and Iran may have reached agreement on stopping conflict, but the U.S. stock market is not taking part in any euphoria and is instead rather unsettled. A lower high in the S&P 500 is corresponding with a potential rejection of the major $66K level for Bitcoin.
The extreme altcoin sell pressure signals a potential long-term shift in investor confidence, emphasizing Bitcoin's dominance and market caution. The post CryptoQuant analyst reports altcoin sell pressure hits five-year extreme appeared first on Crypto Briefing.
The G7's support for the US-Iran deal may stabilize Middle East tensions, potentially boosting global markets and fostering crypto adoption. The post G7 backs US-Iran deal, calls for Hezbollah disarmament as Bitcoin benefits from easing tensions appeared first on Crypto Briefing.
BlackRock's BITA targets a 15 to 25% yield by selling Bitcoin's volatility as covered calls. How the income works, and the capped-upside catch to know.
Bitcoin has retreated toward $65,000 ahead of the Federal Reserve’s policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto.news, Bitcoin (BTC) price fell from…