What happened to crypto in september? Last week, after the Federal reserve committee made a significant rate cut, Bitcoin rose to around $63,000, climbing from weeks of hovering near $60,000. While this decision has cleared some uncertainty about monetary policy, upcoming U.S. elections are expected to keep markets unpredictable until November. In other Bitcoin news,
Crypto Market Updates For September 2024 Read More »
On Wednesday, September 18th, 2024, the Federal Reserve dropped interest rates for the first time since the COVID-19 epidemic, lowering benchmark rates by half a percentage point to offset a probable labor market slowdown. Amid slowing job growth and inflation, the Federal Open Market Committee voted to drop its main overnight borrowing rate by 50
Federal Reserve Committee Drops Interest Rates During September FOMC Meeting Read More »
The Consumer Price Index (CPI) report from last week caused a shift in the financial markets and served as another reminder of just how intertwined the economy is. However, what impact does news about inflation have on the cryptocurrency market and the US dollar’s value? Because it affects market mood and monetary policy, inflation news
What are we expecting from the FOMC meeting in September ?and Last weeks CPI report Read More »
