The Fed’s Federal Open Market Committee (FOMC) meets next on June 13-14, and markets overwhelmingly expect the central bank to again boost rates – a sharp change from just one month ago, when investors were nearly certain the Fed would pause in its rate hike cycle. That switch in attitude over the past few weeks has taken its toll on bitcoin, which tumbled from nearly $30,000 to the $27,000 level it was at just prior to this morning’s data.
Related posts
-
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even... -
Anixa Biosciences Board of Directors Approves Purchase of Bitcoin as Treasury Reserve Asset
SAN JOSE, Calif., Nov. 22, 2024 /PRNewswire/ — Anixa Biosciences, Inc. (“Anixa” or the “Company”) (NASDAQ:... -
This Analyst Correctly Predicted The Bitcoin Price Jump To $99,000, But His Prediction Is Not Done
Este artículo también está disponible en español. A crypto analyst who accurately forecasted the Bitcoin price...