BTC Price Drops as New Fed Chair Kevin Warsh Holds Rates Steady

The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the benchmark remaining between 3.5% and 3.75%, bitcoin’s price reacted with minor initial volatility, but there...
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Bitcoin Rally Cools After Strait Of Hormuz Relief As Traders Debate Bull Trap

Bitcoin’s early-week push toward $67,000 has left traders weighing whether geopolitical relief around the Strait of Hormuz created a durable risk-on move or simply another bull-trap setup before the Fed decision. TL;DR The source packet says a preliminary US-Iran MoU was announced around the G7 Summit. The formal signing...
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Fed holds rates steady-4%, aligns with market expectations

The Fed’s decision to maintain rates suggests a stable economic outlook, reducing the likelihood of rate cuts and focusing on inflation control. The post Fed holds rates steady-4%, aligns with market expectations appeared first on Crypto Briefing....
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