Federal Reserve


Markets

Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks

With the Federal Reserve ditching forward guidance, data releases on GDP and inflation could inject more volatility into markets than ever.

U.S. GDP is likely to show the economy avoided recession in the second quarter. (Simon Kadula/Unsplash)

Markets

Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point

The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.

Federal Reserve chair Jerome Powell at a press conference on July 27th in Washington D.C. (Source: Federal Reserve)

Policy

Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

The U.S. central bank may get a leading role in policing stablecoins, according to legislation being negotiated in the House of Representatives. Crypto analysts weigh what that means.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

Crypto Traders Split on Upcoming Fed Rate Hike's Impact on Bitcoin

The U.S. central bank has raised rates by 150 bps since March, injecting volatility into asset markets. Some analysts expect BTC to stay resilient after Wednesday's expected hike.

Chicago Federal Reserve Bank building (Joshua Woroniecki/Unsplash)

Videos

Bitcoin Below $21K Ahead of Big Tech Earnings and FOMC Meeting

Bitcoin and other major cryptos are trending lower Wednesday with investors eyeing the Federal Reserve’s expected 75-basis-point interest rate hike and the release of quarterly earnings reports from Apple and other tech giants. XBTO Group Head of Trading Paul Eisma discusses his crypto markets analysis and outlook.

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Markets

Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs

An anticipated interest rate hike seems to be overshadowing Merge optimism.

Ether's daily chart shows sellers have regained control. (TradingView)

Markets

Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon

The U.S. central bank is expected to raise interest rates by 75 basis points, which many economists say is too dovish. But traders are thinking about possible rate cuts as soon as next year.

(Paul Brady/Shutterstock)

Videos

Fed Expected to Hike Rates by 75 Basis Points This Week

The Federal Reserve is expected to increase its interest rate by 75 basis points to combat rising inflation. Injective Labs CEO Eric Chen discusses the current "risk-off mode" in the crypto markets and the potential impact of macro headwinds on price action. Plus, the state of DeFi amid crisis in crypto lending.

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Markets

Bitcoin Drops Even as Wall Street's 'Fear Gauge' Indicates Calm Ahead of Fed Decision

"I don't think the hawkish Fed trade has peaked," one observer said.

Bitcoin cae y contradice la ausencia de ansiedad pre-Fed de Wall Street. (PIX1861/Pixabay, PhotoMosh)

Videos

Bitcoin's Next Move Amid Macro Headwinds

CoinDesk Managing Editor of Tech Christie Harkin and Markets Managing Editor Brad Keoun discuss what's to come in the world of bitcoin as crypto investors brace for the Federal Reserve's expected 75-basis-point rate hike and the July 28 announcement of U.S. Gross Domestic Product (GDP) for Q2. Plus, what to expect from CoinDesk's Sports Week.

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