cryptd.in

LinkedIn alternativo para talentos criptoamigables

Bitcoin Volatility Returns After Fed Holds Interest Rates Steady

Although there was some uncertainty about the monetary direction the United States Federal Reserve will take following the July FOMC meeting, the central bank approved with a 9-3 vote to maintain the interest rates at 3.50% to 3.75%.

All eyes have turned to the incoming press conference by the new Fed Chair, Kevin Warsh, as investors anticipate which way he will lean.

“The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system,” reads the statement.

As reported earlier today, this meeting was described as the most unpredictable since the COVID-19 pandemic broke out in March 2020. The reason for this is that all meetings since then had a 99% agreement about the outcome ahead of their conclusion.

In contrast, futures markets and prediction platforms had assigned a 30%-38% probability for a rate hike for today’s meeting.

Investors apparently had de-risked from more volatile assets like bitcoin ahead of the event today, as the asset slumped by $3,000 yesterday. It rebounded to $64,500 today, where it was rejected and slipped to under $63,800 before the meeting.

Its minor volatility returned after the announcement, pumping above $64,000 as of now. However, it’s likely that the Warsh speech will impact it even more, especially if the new Fed chair hints at what the central bank will do next – a rate hike or another pause.

El puesto Bitcoin Volatility Returns After Fed Holds Interest Rates Steady apareció por primera vez en CryptoPotato.


Comentarios

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Últimas noticias

Categorías populares

Buscar en el sitio web

Historias populares

Etiquetas

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElección (1) #BinanceVsCoinbase (1) #Bitcoin (456) #BitcoinETF (3) #BitcoinFundamentos (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinNivelPrecio (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCadquisición (1) #BullishPrediction (1) 1TP5SentimientoAlcista (1) #Cminería china (1) #CPIPrevista (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #Criptoexperto (1) #CryptoInsights (1) #CriptoManía (1) #Criptomercado (4) #CriptoPredicción (1) #CriptoPredicciones (1) #CriptoRegulación (2) #CryptoTakeoff (1) #CryptoTiming (1) #CriptoConsejos (1) #CriptoTesorería (1) #Criptoincertidumbre (1) #DerivadaSalto (1) #Dogecoin (74) #DogecoinGana (1) #DogecoinVolumen (1) #DutchCourt (2) #EComercio (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumDolor (1) #Eprecio del tereum (1) #ExpertoOpinión (1) #FedRateCut (1) #FiatMoneda (1) 1TP5ImpactoFinanciero (1) #FinanzasPrivacidad (1) #FirmShutdown (1) 1TP5CuentasCongeladas (1) 1TP5FondosIlícitos (1) #InflationData (1) 1TP5Inversión (1) 1TP5PérdidaDeInversión (1) #Firma japonesa (1) #AcciónLegal (1) #ImpactoLegal (1) #Legislación (1) #LightningNetwork (1) #Manálisis del mercado (3) #MVigilancia del mercado (1) #MPredicción del mercado (1) #Mprevisiones de mercado (1) #MProyección de mercado (1) #Mapoyo al mercado (1) #MVolatilidad del mercado (1) #MCasamiento (1) #MemeCoin (5) #MemeCoins (2) #MinerRentabilidad (1) #M Blanqueo de capitales (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPredicción (1) #PrecioMilestone (1) #PrevisiónPrecios (2) #PreguntaPrecio (1) #PrecioSubida (1) #PrisiónSentencia (1) #QuantAnalysis (1) 1TP5Presión reglamentaria (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnálisisTécnico (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDesarrollador (1) #UKCrypto (1) #UpsidePotential (1) #USCongreso (1) #WyomingLand (1) #XRPrecio (1) #XRSubida (1)

Enlaces útiles

Enlaces que me han parecido útiles y que quería compartir.