FOMC Meeting
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BTC Struggles Post-FOMC: What Powell’s Speech Means for Crypto Investors!
- December 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsBitcoin faced turbulence after U.S. Federal Reserve Chair Jerome Powell’s recent comments, dropping below the critical $100,000 mark. His statements during the Federal Open Market Committee (FOMC) meeting on December 18th have stirred uncertainty across the cryptocurrency and equity markets, triggering sell-offs and cautious investor sentiment. Powell’s Stance on Bitcoin Dampens Market Hopes During the
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Why Institutions Are Dumping Bitcoin—And What It Means for You
- August 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The cryptocurrency market has been experiencing significant volatility recently, with Bitcoin (BTC) struggling to recover after its sharp drop below $50,000 in early August. As the world’s leading cryptocurrency grapples with downward pressure, several factors are contributing to this price decline, particularly the actions of institutional investors and the anticipation of the upcoming Federal Open