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.
Crypto News·

Crypto markets watch the Fed, Kevin Warsh and Iran peace deal news as Bitcoin rebounds above $65K before key US economic data due this week.
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.
Real Madrid's cautious stance on fan tokens highlights a strategic gap in crypto engagement, affecting potential market dynamics and investor opportunities. The post Real Madrid signs Bernardo Silva on free transfer, but crypto markets have nothing to trade appeared first on Crypto Briefing.
A bicameral deal on the 21st Century ROAD to Housing Act revives a provision barring the Fed from issuing a digital dollar until 2030.
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.