Crypto Market On Alert As This Week’s Fed Decision Isn’t Just About Rates
Crypto markets head into this week’s Federal Reserve meeting focused less on rate cut and more on whether Jerome Powell quietly declares the start of quantitative easing (QE). The key question on Wednesday for macro-sensitive traders is whether the Fed shifts into a bill-heavy “reserve management” regime that starts rebuilding dollar liquidity, even if it refuses to call it QE. Futures markets suggest the rate decision itself is largely a foregone conclusion. According to the CME FedWatch Tool, traders are assigning roughly 87.2% odds to a 0.25 percentage point cut, underscoring that the....
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Bitcoin has seen fluctuating sentiment lately. With numerous dips and recoveries, it is no surprise that investors have had a hard time deciding on which side of the fence to sit on. However, while retail investors seem to be uncertain about the market, there has been some growth in both the funding rates and the open interest over the last week, showing that positive sentiment may be stabilizing. Funding Rates Recover Over the last couple of weeks, bitcoin funding rates have been consistently below neutral. This coincided with the times when the market was struggling, ushering in a new....
Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked fears of another bearish trend starting in the market. However, this has quickly changed as the numbers for last week have come in. This time around, the bitcoin funding rates are painting a better picture for the digital asset. Funding Rates Return To Neutral The bitcoin funding rates for the last week have been more optimistic compared to previous weeks. This is because it had continued to maintain its positive at neutral for the whole seven days; there was....
The coming week concentrates macro and protocol-specific catalysts into a tight window, with the Federal Reserve’s FOMC decision and several high-profile project events landing between December 10 and 12. #1 Crypto On Alert: Fed’s Dec. 10 Rate Decision The US Federal Reserve’s FOMC interest rate decision on Dec. 10 looms as a key macro catalyst […]
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and the top headlines in the crypto space. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the bears are winning.To kick things off, we break down the latest news in the markets this week:Biggest Fed rate hike in 40 years? Five things to know in Bitcoin this weekBitcoin (BTC) faces another week of “huge” macro announcements after the lowest weekly....
Bitcoin (BTC) has experienced a 4% drop, falling below the $86,000 mark on Monday, as market speculation grows regarding the cryptocurrency’s future following the Bank of Japan’s (BOJ) interest rate decision. In a recent poll conducted from December 2 to 9, an overwhelming 90% of economists—63 out of 70—predicted that the BOJ would increase short-term interest rates from 0.50% to 0.75% at this week’s planned meeting. Experts Warn Of Impact From BOJ Rate Hikes Experts on social media have noted a concerning trend: during the last three rate hikes by the BOJ, Bitcoin has typically....