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The Federal Reserve has again left interest rates unchanged after the latest Fed meeting, leaving rates at 4.25% to 4.50%. It marks the fifth straight month that there has not been an interest rate cut or hike. President Donald Trump has been pressing hard for the Fed to cut rates, arguing that his tariff policy will not push up inflation. However, Fed Chair Jerome Powell and the central bank still see inflation as threatening enough to hold off any further cuts. BREAKING: Federal Reserve leaves interest rates unchanged, remains at 4.25% – 4.50%. — Watcher.Guru (@WatcherGuru) July 30, 2025 The decision comes amid increased economic uncertainty derived from the United States’ America-First tariff plan unveiling in early April. Subsequently, the Fed has opted to remain committed to a wait-and-see approach to handling the war on inflation and future interest rate cuts. According to Treasury data, the annual inflation rate in the US accelerated for the second consecutive month ...

Bitcoin vaulted above $88,500 today, its highest level since November, outshining a sharp sell‑off in equities that analysts blamed on deepening trade frictions and renewed political pressure on the US Federal Reserve. By 11:45 GMT, the world’s largest cryptocurrency was changing hands at $88,670, up almost 4 per cent on the day and more than 10 per cent since the start of the month. Price breaches a new threshold Market data compiled by Cointelegraph showed Bitcoin matching month‑to‑date highs in early London trading before extending gains during the Wall Street open. The rally took the token closer to last year’s record of $90,000 and extended its outperformance against the wider CoinDesk 20 index, which was broadly flat. Analysts pointed to thin order‑book resistance above $88,000 and a pick‑up in inflows to US spot Bitcoin exchange‑traded funds after several weeks of outflows. $88,011.60 — Bitcoin (@Bitcoin) April 22, 2025 While digital‑asset trader...

President-elect Donald Trump announced the establishment of a Crypto Council for his incoming administration to be headed by former college football player Bo Hines. Hines will report to Trump crypto czar David Sacks, and help advance innovation and growth in the digital asset ecosystem. The council’s support for the industry is intended to boost America’s leadership in the crypto world. JUST IN: 🇺🇸 President-elect Donald Trump appoints Bo Hines Executive Director of Crypto Council. pic.twitter.com/2T9kQd87yP — Altcoin Daily (@AltcoinDailyio) December 22, 2024 Trump Makes Additional Appointments Trump has also appointed Stephan Miran, a former Treasury official and economist at Hudson Bay Capital Management, as the chairman of the Council of Economic Advisors. The body advises the President on economic matters, studies federal economic policies, monitors economic trends, and counsels on actions to attain growth and stability. An advocate of reg...

Bitcoin has returned to form this week, as the market is anxiously awaiting where it could climb to in October. The leading cryptocurrency has historically performed well during the month. Moreover, the token’s recent return above $63,000 has traders pondering a potential return to $70,000 in what the market calls ‘Uptober.’ The summer performance has concerned many investors. Throughout August and September, the asset had struggled along with the greater crypto market. Earlier this month, the asset reached lows of $53,000, with its recent turnaround exciting the market for a potential correction. Also Read: Bitcoin: When Will BTC Peak? Analyst Predicts Exact Timeline Bitcoin to $70,000? BTC Could be Poised for Massive ‘Uptober’ Throughout 2024, Bitcoin has faced unprecedented highs and notable lows. To start the year, the digital asset became the first crypto-based ETF. Just three months later, the token reached an all-time high price of $73,000. Yet, it h...

Bitcoin’s market capitalization has experienced substantial growth in 2023, rising from $320 billion to $827 billion, an increase of $500 billion for BTC holders , Matrixport says. In a recent report by Matrixport, the Singapore-headquartered crypto investment firm argues that significant attention should be given to the pivotal role of U.S. inflation as a critical variable in the accumulation of Bitcoin wealth . Over the last year, official inflation in the US has decreased from 8% to 3.1%, with analysts expecting a further decline to 2% in 2024. Despite the Federal Reserve indicating a reduction in interest rates in 2024, analysts project that the gap between Fed Funds rates and the Consumer Price Index (CPI) will likely remain constant, leading to the accumulation of further Bitcoin wealth . “While the Fed has guided the market in cutting interest rates by 75 basis points in 2024, the gap between Fed Funds rates and CPI is significantly wider, notably 220 basis poin...

Bitcoin is still down 60% from its November 2021 all-time high so many traders are wondering if BTC price could crash further in the coming months. Bitcoin (BTC) is still in a bullish reversal when looking at this year's price chart. BTC price has gained 70% after bottoming out at around $16,800 in November 2022, defying rate hike fears while riding on growing ETF approval optimism.  However, in recent months, Bitcoin bulls have failed to sustain BTC price above $30,000. Therefore, with the "bullish" halving is still over 200 days away, many traders are wondering: is Bitcoin price going to cash again in the coming months?  Let's take a closer look at the possible scenarios as Q3 draws to a close. Fibonacci fractal hints at Bitcoin crash to $21,500 From a technical standpoint, Bitcoin price has stabilized around the 0.236 Fib line of its Fibonacci retracement graph drawn from the $69,000-swing high (the market top) to the $15,900-swing low (the local market bottom)...

US Federal Reserve unveils Novel Activities Supervision program to oversee banks ’ crypto -related activities, emphasizing stablecoin safeguards. The initiative‘s main goal will be to supervise the banks’ activities related to cryptocurrencies, such as custody, lending, trading, and the issuance or distribution of digital assets. The institution will guide the banks before engaging in activities related to cryptocurrency. The Fed said that the goal of the law is to foster the benefits of financial innovation while recognizing the risks of working with crypto currency. The program will be subject to the existing supervisory processes of the US Federal Reserve. The new initiative launched by the Fed does not add to or modify the current rules for banks dealing with cryptocurrency in the US.  You might also like: New York Federal Reserve, major U.S. banks successfully complete private test using DLT Stablecoins supervision The institution also issued info...

Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible. Bitcoin's price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for United States government bonds has been declining for the past six weeks. U.S. 2-year government bond yield. Source: TradingView The yield on two-year U.S. Treasurys, for example, increased from 3.80% on May 4 to 4.68% on June 14. Lower demand for debt instruments increases payouts, resulting in a higher yield. If the investor thinks that inflation will continue above target, the tendency is for those participants to demand a higher yield when trading bonds. The U.S. Treasury is set to issue more than $850 billion in new bills between June and...

BTC price action destabilizes as markets watch Fed Chair Jerome Powell's language for hints of policy change. Bitcoin (BTC) nudged $27,000 after the May 19 Wall Street open as the Chair of the United States Federal Reserve delivered comments on policy. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView BTC price volatility returns as Powell speaks Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it attempted to reclaim the focal level in its short-term trading range. All eyes were on Fed Chair Jerome Powell on the day, who was speaking at the Thomas Laubach Research Conference in Washington, D.C. Market nerves had returned the day prior as other Fed officials, along with jobless data, had heightened expectations of interest rate hikes continuing. “While the financial stability tools helped to calm conditions in the banking sector, developments there, on the other hand, are contributing to tighter credit conditions and are likely to weigh on econom...

The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs. After a brief overshoot above $2,000 on May 6, the Ether (ETH) price has returned to the tight range between $1,820 and $1,950, which has been the norm for the past three weeks. According to the latest Ether futures and options data, odds favor the Ether price breaking below the $1,820 support as professional traders have been unwilling to add neutral-to-bullish positions using derivatives contracts. Ether price in USD, 12-hour chart. Source: TradingView Not even the memecoin frenzy that has boosted Ethereum network demand was able to instill confidence in investors. The average Ethereum transaction fee skyrocketed to $27.70 on May 6, the highest in 12 months, according to BitInfoCharts data. As reported by Cointelegraph, one of the main drivers behind the increase was the insatiable demand for Pepe (PEPE), among other memecoins. Moreover, the increased gas fees have...

The U.S. must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO said. The United States must implement Stablecoin legislation and digitize the U.S. dollar (USD) to mitigate the “very active de-dollarization taking place” around the world right now, says Jeremy Allaire, the chief executive of Stablecoin issuer Circle. Allaire’s comments at the Consensus 2023 conference on Wednesday, April 25, were made in light of the recent U.S. banking crisis. The Circle — the stablecoin issuer behind USD Coin (USDC) — CEO called on Congress and the Federal Reserve to take action otherwise alternative currencies and payment systems will continue to eat into the dollar’s dominance: “We have a very active de-dollarization taking place. You're having very significant reactions to the U.S. risks in the U.S. banking system, risks with the US government itself, a geopolitical imposition on ...

This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions. It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529 and the recent rebound and rejection at the $25,000 level could raise concern among certain investors. Bears are pushing back at the $25,000 level and there has been multiple failed attempts at the level between Feb. 16 and Feb. 21. Currently, it looks like the $23,500 resistance is continuing to gain strength with every retest.  Pinpointing the rationale behind Bitcoin’s 45.5% year-to-date gain is not apparent, but part of it comes from the United States Federal Reserve’s inability to curb inflation while raising interest rates to its highest level in 15 years. The unintended consequence is higher government debt repayments and this adds further pressure to the budget deficit. It’s virtually impossible to predict when the Fed wil...

Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC. For much of 2022, the crypto market focused on the U.S. Federal Reserve's actions. The central bank created a bearish environment for risk-on assets like Stocks and Cryptocurrencies by increasing the Interest Rates on borrowing.  Toward the end of 2022, positive economic data, healthy employment numbers and a decreasing inflation rate provided hope that a much-awaited slowdown in the rate of interest rate hikes would occur. Currently, the market expects the rate hikes to reduce from 50 basis points (bps) to 25 bps before the complete end of the hike regime by mid-2023. From the perspective of the Fed's goal of constraining liquidity and providing headwinds to an overheated economy and stock market, things are starting to improve. It appears that the Fed's plan of a soft-landing by quantitative tightening to curb inflation witho...

Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears' expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based retail investors according to data from a key stablecoin premium indicator. Traders should note that the tech-heavy Nasdaq-100 index also gained 5.1% between Jan. 20 and Jan. 23, fueled by investors' hope in China reopening for business after temporary shutdowns caused by the CCP’s virus contagion measures and weaker than expected economic data in the U.S. and the Eurozone. Another bit of bullish information came on Jan. 20 after U.S. Federal Reserve governor Christopher Waller reinforced the market expectation of a 25 basis point interest rate increase in February. A handful of heavyweight companies are expected to report their lat...