Latest from Helene Braun
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
"The labor market is extremely tight, and inflation is much too high," said Chair Jerome Powell.
Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.
Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
The CME FedWatch Tool shows traders see a 94% chance of a 75 basis-point hike to be announced Wednesday.
Inflation Unexpectedly Reaccelerated to 8.6% in May, Hitting a Fresh 4-Decade High
Bitcoin dipped about $500 on the news, trading around the $29,500 level in the minutes following the CPI report.
FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse
The head of one of the largest crypto exchanges in the U.S. said fiat-backed stablecoins are still reliable and not risky.
Mastercard CEO Teases CBDC Panel: SWIFT May Not Exist in 5 Years
Michael Miebach joined a panel on central bank digital currencies during the World Economic Forum's annual meeting.
First Mover Americas: TRON Outperforms BTC and Crypto Takes a Lead Role at Davos
The latest moves in crypto markets in context for May 24, 2022.
