Tag: Minutes

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Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy

Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism is largely being credited to the Federal…
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FOMC Minutes Signal Central Bank Divided on Need for More Tightening – Here is How Crypto Reacted

The minutes from this month’s FOMC meeting of US Federal Reserve policymakers were just released, revealing the bank to be divided on the need for further interest rate hikes. Cryptocurrency, forex, US equity and US bond markets didn’t see much of a reaction to the minutes, the tone of which were broadly as expected…. Read…
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