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Jake boyle
Bitcoin Remains Under Pressure After Hitting Lowest Level Since Late June
The price of bitcoin (BTC) is barely holding above a one-month low as Tuesday morning's economic data confirms the U.S. economy remains in growth mode and traders brace for what's now a near 100% certainty of another Federal Reserve rate hike next week. Caleb & Brown Director Jake Boyle discusses his outlook on bitcoin and thoughts on the altcoin sector.
Bitcoin Hovers Around $28.5K After Fed Rate Decision
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) continued to lift the fed funds rate by 0.25% to a targeted range of 5%-5.25%. Morning Consult Senior economist Jesse Wheeler joins Caleb & Brown Director Jake Boyle on"All About Bitcoin" to discuss how the crypto market is reacting to Fed Chair Powell's news conference following the decision.
Fed Approves Quarter-Point Rate Increase, Smallest Hike Since March 2022
The U.S. Federal Reserve approved a 0.25 percentage point rate increase, the smallest hike since March 2022. Caleb & Brown Director Jake Boyle discusses the latest inflation data and what this means for the crypto markets.