risk assets
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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
No CommentsBitcoin 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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Brace Yourself: Bitcoin Could Surge as Fed Prepares First Rate Cut in Over 4 Years!
- September 16, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin’s market is set to experience significant volatility as the U.S. Federal Reserve prepares to announce its first interest rate cut in over four years. The much-anticipated decision could either provide a strong boost to Bitcoin’s price or create uncertainty, depending on the size of the cut and the Fed’s forward guidance. Rate Cut Impact
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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