Bitcoin Slides Back Towards $26K as Surging Interest Rates Trigger Macro Jitters
The U.S. 10-year Treasury yield rose another nine basis points Wednesday to a new 16-year high of 4.63%.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IUQPOGF2SZETXCV5DZU26RDMRE.jpg)
Sponsored
Sep 27, 2023 at 6:14 p.m. UTC
Sep 27, 2023
Interest Rates
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WUAX5Y2N7NDADEFQ7Y4WGAJYGQ.jpg)
Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell
The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously pro...
Sponsored
Sep 20, 2023 at 6:30 p.m. UTC
Sep 20, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UALKCAAP75DEBNCT5WT5TRMQ3Q.jpg)
Crypto’s Interest in Rates
U.S. interest rates are back on the rise, but digital assets appear to be unaffected.
Sponsored
Sep 13, 2023 at 3:45 p.m. UTC
Sep 13, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZS7WD3EUTNARZD4JU7JLUPCQKQ.jpg)
U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed
Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.
Sponsored
Sep 8, 2023 at 8:34 a.m. UTC
Sep 8, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VU3JDDUCFBAXBNUYAH6YT4KLVM.jpg)
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lowe...
Sponsored
Sep 1, 2023 at 12:36 p.m. UTC
Sep 1, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/34QLCQE5SFGCXIGQJFIJJS3NUE.jpg)
Fed's Powell at Jackson Hole: Prepared to Raise Rates Further if Appropriate
Market participants were looking to Friday morning's speech to gauge the future direction of the U.S. central bank's monetary policy.
Sponsored
Aug 25, 2023 at 2:18 p.m. UTC
Aug 25, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QIHCODAVEFHPPFZEAFQKZAMSLA.jpg)
Bitcoin Dreams Are Coming True in Argentina and Turkey
It’s no surprise a BTC-backing candidate just won a primary election in Argentina.
Sponsored
Aug 23, 2023 at 3:45 p.m. UTC
Aug 23, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VKB3I2LPXNETVHHJIXCAGWGUMQ.jpg)
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Sponsored
Aug 21, 2023 at 6:31 p.m. UTC
Aug 21, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/O33OT4TLLVFWZKYYJJ4LJH3XQY.jpg)
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.
Sponsored
Aug 9, 2023 at 4:33 p.m. UTC
Aug 9, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HTLBRNIDRFFWTIBUBW6VAFT4OQ.jpg)
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.
Sponsored
Aug 7, 2023 at 4:33 p.m. UTC
Aug 7, 2023