Markets
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has 'No Effect' on Policy
Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win in the U.S. presidential election.
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
Ether Surges 10% as Trump Victory Brings Back DeFi Bullishness
The bullish sentiment comes from Trump's promise to make the U.S. a leading hub for cryptocurrency during his campaigns, which might translate into more favorable regulations for DeFi.
Bitcoin Fed Preview: Powell's Take on 'Trump Tariffs' Could Shake Markets as 25bp Rate Cut is a Foregone Conclusion
A 25-basis point Fed rate cut will likely be a non-event, and markets will be interested in what Powell thinks of President-elect Donald Trump's inflationary policy cocktail of loose fiscal policy and import tariffs.
Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts
Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.
Trump Wins, Bitcoin Unlikely to See Big 'Sell-The-Fact' Price Drop: Omkar Godbole
While sell-the-fact price slide looks unlikely, traders still need to watch out for the other side of the Trump trade – hardening bond yields and rising dollar index, says CoinDesk analyst Omkar Godbole.
Crypto Equities Surge More Than 10% as U.S. Political Uncertainty Diminishes With Trump Victory
MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.
Dogecoin Golden Cross Appears as Price Probes Key Fibonacci Hurdle
Trump's return to the White House has powered DOGE higher by 15%.
Dogecoin Rockets 25% as Trump Nears Victory, Top Trader Signals More Gains Ahead
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the 'Department of Government Efficiency' narrative could have been a deciding factor for a Trump win,” one trader said.
