Federal Reserve


Markets

Bitcoin Blasts Through $23.5K as Powell Speaks Following Fed Rate Hike

The U.S. central bank earlier Wednesday lifted its benchmark interest rate 25 basis points.

Bitcoin price chart shows a price jump on Wednesday. (CoinDesk)

Finance

Federal Reserve Lifts Interest Rates Another 25 Basis Points

Bitcoin's price was little changed in the minutes following the announcement.

U.S. Federal Reserve Board Chairman Jerome Powell (Anna Moneymaker/Getty Images)

Markets

Bitcoin Little Changed on Soft Economic Data Ahead of Fed Meeting

Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

Videos

Bitcoin Outlook Ahead of Fed Interest Rate Decision

Tactive Wealth Advisor Eddy Gifford discusses bitcoin's (BTC) price action as traders await another key decision from the U.S. Federal Reserve on interest rates. Plus, his outlook on the largest cryptocurrency by market capitalization and key resistance level.

Recent Videos

Videos

Bitcoin Rebounds After Largest Daily Plunge Since November

Bitcoin rebounded above $23,100 after its biggest single-day percentage loss since the FTX meltdown in November on Monday. Triggered by anxieties that the U.S. Federal Reserve will continue its attempt to restrain the economy, many traders expect the central bank to raise interest rates by 25 basis points. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

Recent Videos

Markets

Fed Preview: Powell to Trigger 'Healthy Pullback' in Bitcoin, Experts Say

Financial conditions have loosened to a point where the Fed chair may detail the extent of easing is unwarranted, one observer said, warning of a pullback in risk assets.

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

Markets

Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting

Bitcoin and ether have outperformed equities this year. The FOMC’s decision on interest rates looms large over markets.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Policy

Custodia Bank Denied Federal Reserve System Membership

The Wyoming-based bank’s application for a master account is still pending.

Avanti CEO Caitlin Long (CoinDesk archives)

Finance

Bitcoin's Hedge Potential

View BTC as protection from inept central banks (and, yes, a tool for speculation, too).

(Miguel Sotomayor/GettyImages)