Monday, September 16, 2024

Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations

"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex

source https://www.coindesk.com/markets/2024/09/16/bitcoin-slips-to-58k-as-fed-faces-split-rate-cut-expectations-as/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

No comments:

Post a Comment

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% ch...