Rate Cut
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Bitcoin Skyrockets as Fed Slashes Rates—Will $70K Be Next?
- September 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Bitcoin has once again shown its resilience, rallying to over $62,000 after the U.S. Federal Reserve announced its first interest rate cut in over four years. The Fed’s decision to reduce the benchmark interest rate by 50 basis points has sent shockwaves across financial markets, with Bitcoin quickly benefitting from the move. Fed’s 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
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?
