Federal Reserve


Markets

Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.

Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)

Markets

Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises

The Fed’s asset purchase program is set to end in March.

Bitcoin holds range support ahead of Fed minutes (TradingView)

Policy

Boston Fed Is Hiring New Director for CBDC Project

The organization is looking for a new head of product management for its central bank digital currency pilot program.

(Sporst via Flickr)

Markets

Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

The Fed will reduce its bond purchases by $30 billion every month to wind them down early next year, doubling from the current pace of withdrawal of $15 billion every month.

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference. (Federal Reserve, modified by CoinDesk)

Markets

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.

Charts showing a pre-Fed de-risking in bitcoin and dollar's rally on Dec. 15 (TradingView)

Markets

Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading

Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Videos

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

Bitcoin appears to have digested the U.S. Federal Reserve's impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later Wednesday. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Fed Sees 3 Rate Hikes Next Year, Will Accelerate Bond-Buying Taper

The Federal Reserve said Wednesday it would see three interest rate hikes in 2022 and accelerate the pace of its tapering of bond purchases to combat inflation. CoinDesk’s Director of Professional Content, Galen Moore, discusses the potential impact of the Fed announcement as possible headwinds for bitcoin and the wider crypto markets.

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Markets

Market Wrap: Cryptocurrencies Stabilize as Traders Await the Fed

Analysts are cautious about crypto prices as risk appetite wanes.

Shutterstock

Videos

Fear and Greed Index Signals ‘Extreme Fear’ as Fed Meeting Looms

The Fear and Greed Index, a tool used by some investors to gauge the market, has now signaled “extreme fear” for almost one month straight. Bitcoin was lower as the market prepares for this week’s Federal Reserve monetary policy meeting, where the U.S. central bank is expected to slow down its money printer.

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