FOMC


Mercati

Inverse Correlations, FOMC Action, and a Possible Spot Bitcoin Trust

Bitcoin and ether end the week higher, following the announcement of BlackRock’s Bitcoin trust application.

(Getty)

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Bitcoin, Ether Move Toward Oversold Territory in Post FOMC Downturn

CoinDesk Indices Trend indicators are signaling a bitcoin and ether downtrend

(Unsplash)

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Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance

The positive relationship between bitcoin and traditional finance is now inverted , highlighting the independence of bitcoin as an asset

(Getty Images)

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Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause

Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet of interest rate increases. ADA plunged more than 5%, while SOL and Matic each dropped over 4%.

Bitcoin daily chart (CoinDesk)

Finanza

Fed Leaves Policy on Hold, Ending Long String of Rate Hikes

The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Mercati

Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil

The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.

(Getty Images)

Mercati

Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits

Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision

BTC regional supply change (Glassnode)

Mercati

Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment

Investors remain bullish about crypto in derivatives markets, as the CoinDesk Indices Ether Trend Indicator signals “significant uptrend”

(Getty)

Mercati

Why Isn’t Bitcoin Falling More? Cryptos Are Acting More Like Commodities Than Securities

Oil is Oil, Gold is Gold, Bitcoin is Bitcoin. The market reaction to SEC enforcement is mild compared to historic price action after other tumultuous events in the crypto industry.

(Zbynek Burival/Unsplash)

Mercati

DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index

Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds

(Getty Images)