Rate Cut
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Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
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Bitcoin Under $58K Today, But Could a September Surge Take It to New Heights?
- September 2, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
As September unfolds, the crypto market is buzzing with anticipation, especially for Bitcoin (BTC). A confluence of factors—Tether’s massive USDT minting, cooling inflation, and a possible interest rate cut by the Federal Reserve—has set the stage for what could be an explosive month for the world’s leading cryptocurrency. Tether’s $3 Billion Minting: A Bullish Signal?
