Morning Minute: Crypto Sinks After Hawkish FOMC
Bitcoin slid to $64k as rate hike odds soared after Kevin Warsh's first FOMC presser. But was it Warsh or Saylor truly driving the selloff?
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Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.
Read full articleBitcoin slid to $64k as rate hike odds soared after Kevin Warsh's first FOMC presser. But was it Warsh or Saylor truly driving the selloff?
Strive's strategy could redefine Bitcoin's role in financial markets, potentially increasing its integration and acceptance in traditional finance. The post Strive aims to attract $200B in new capital for Bitcoin ecosystem through credit markets appeared first on Crypto Briefing.
Crypto analyst Michaël van de Poppe believes that Bitcoin and other digital assets will soon print massive gains if BTC holds one key level as support. Van de Poppe tells his 820,000 followers on X that if Bitcoin stays above $64,000, the crypto market will soar in the coming weeks. “That’s the incoming test for […] The post Michaël van de Poppe Says Crucial Level Will ‘Decide Everything’ for Bitcoin in the Coming Weeks – Here’s His Outlook appeared first on The Daily Hodl.
Capital B shareholders approved up to $120 billion in financing capacity, including equity and credit instruments, to support the company's Bitcoin accumulation strategy.
Bitcoin's price drop highlights the significant impact of macroeconomic policies on cryptocurrency markets, overshadowing positive on-chain trends. The post Bitcoin falls below $64K as hawkish Fed stance overshadows on-chain gains appeared first on Crypto Briefing.
Key takeaways Bitcoin remains vulnerable as hawkish Federal Reserve guidance, rising Treasury yields, and inconsistent ETF demand continue to dampen investor sentiment. With BTC trading below key moving averages and lacking strong buying momentum, the near-term bias remains bearish. Bitcoin (BTC) remained under pressure on Thursday, trading below the $64,000 level as investors reacted to […] The post Bitcoin price stays below $64k as hawkish Fed and ETF outflows weigh on sentiment appeared first on CoinJournal.
CME's legal challenge against CFTC could reshape US crypto derivatives, raising compliance costs and limiting market access for traders. The post CME threatens legal action against CFTC over product classification appeared first on Crypto Briefing.
The chip sector's surge highlights the transformative impact of AI demand on market dynamics, overshadowing traditional assets like Bitcoin. The post US stock index futures rise as chip stocks extend their rally into new territory appeared first on Crypto Briefing.