Markets


Markets

Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

BTC rose by 5% over the past 24 hours as bearish sentiment waned.

U.S. Federal Reserve building (Shutterstock)

Markets

Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet

The central bank is taking a hawkish stance as inflation is running at its highest level in four decades.

Federal Reserve chair Jerome Powell at a press conference following the Fed's decision on May 4, 2022. (Source: Wall Street Journal)

Markets

Bitcoin Higher Ahead of FOMC Announcement

The bitcoin price rises as traders await 2 p.m. ET rate announcement from Federal Reserve's monetary policy committee.

The largest cryptocurrency rose 1.94% in the past 24 hours to around $38,931 as of press time.

Markets

Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K

Expect choppy price action within the current trading range.

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Hawkish Fed Trade May Not Be Over Yet

The latest moves in crypto markets in context for May 4, 2022.

(Andrew Harrer/Bloomberg via Getty Images)

Markets

Bitcoin's 'Mayer Multiple' Nears Point of Undervaluation Ahead of Fed

Expectations of a hawkish Fed cloud the prospects of a bullish reversal.

El Múltiplo de Mayer se acerca a la infravaloración. (Source: Pixabay, PhotoMosh)

Markets

Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility

BTC is roughly flat over the past week, although some option traders have hedged against further price declines.

(Jacob Townsend/Unsplash)

Markets

Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K

It has become a rare occurrence these days but BTC went its own way, dropping on Tuesday as stocks rose.

The largest cryptocurrency fell 1.2% in the past 24 hours to around $37,719, as of press time. (CoinDesk)

Markets

Bitcoin Stalls Below $40K Resistance, Support at $30K-$32K

BTC is at risk of a breakdown as price momentum slows.

Bitcoin gráfico diario muestra soporte/resistencia RSI (Damanick Dantes/CoinDesk, TradingView)

Markets

Fed Meeting Decision Looks Baked, But Outlook Is Far From Certain

The Federal Open Market Committee is holding its two-day, closed-door meeting starting today.

Federal Reserve building (Paul Brady Photography/Shutterstock)

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