Rate cuts

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The Fed’s Rate Cut: Bitcoin’s Bullish Moment?

29 Sep 2024 2 minute read 3 comments ulriklykke

The market got what it craved: a 50 bps rate cut with no signs of economic weakness.The Fed’s dot-plot shows consensus on more rate cuts ahead. This is bullish for financial markets, and while it might raise concerns about inflation, Bitcoin stands t...

Fed Holds Firm on Rates Amid Banking Jitters: Bitcoin's New Bull Run on the Horizon?

1 Feb 2024 3 minute read 2 comments ulriklykke

The U.S. Federal Reserve maintained interest rates between 5.25% and 5.5% yesterday, aligning with the widespread market predictions. During his speech, Fed Chair, Jerome Powell, also managed to reduce market expectations of any rate cuts to happen i...