InterestRate
140,541 views
60 Posts
Hot
Latest
The Bank of Korea has maintained its base interest rate at 3.5% per year for the sixth consecutive time. The rate was raised from 3.25% to 3.5% in January and has remained unchanged since. #BankOfKorea #InterestRate
Should Bitcoin Investors Be Worried? FED’s Interest Rate Meeting is Approaching!
Amidst current price fluctuations, BTC continues to trade within a wedge formation.
If the price remains above the trendline, a successful breakout from the wedge formation can be expected.
Next week, US inflation data and the Federal Reserve’s interest rate will be announced.
As Bitcoin continues to trade below $27,000, critical economic data in the US is approaching!
Will Bitcoin Fall Below $25,000 Again?
Amidst current price fluctuations, BTC continues to trade within a wedge formation and is currently positioned above an important trendline on the daily timeframe.
If the $BTC price remains above the trendline, a successful breakout from the wedge formation can be expected, resulting in a 20% to 25% increase. In the event of a rejection, a drop towards $21,500 is inevitable.
BTC/USDT 1 Day Price Chart
In a surprising development, over 1400 BTC from an address that has been inactive for over 10 years has become active again. A transaction of 1432.92 BTC was sent in block 793344, and a new wave of volatility can be expected in the markets. In addition, US CPI and FOMC (Federal Open Market Committee) are scheduled for next week, which could further increase volatility.
In the long term, the leading cryptocurrency Bitcoin continues to maintain a bullish trend, and the current downturn may resemble an accumulation period for the upcoming rise. Therefore, in the short term, the levels mentioned above should be closely monitored to determine the next move for BTC price.
US CPI and Fed Interest Rate Announcement Approaching
Cryptocurrencies can be affected by critical economic developments in the US, creating volatility in the market. Next week, US inflation data and the Federal Reserve’s interest rate will be announced.
US annual inflation data will be announced on Tuesday, June 13th at 3:30 PM Turkish time. The previous year’s annual inflation data was announced as 4.9%. The Federal Reserve (FED) will announce its interest rate decision on Wednesday, June 14th at 9:00 PM Turkish time. The current interest rate is 5.25%
Currently, the markets expect interest rates to remain unchanged. According to CME Group’s expectations, the probability of interest rates remaining unchanged is 70.1%. The probability of a 25 basis point increase in interest rates is 29.9%. The FED raised interest rates by 25 basis points at its previous meeting.
#bitcoin #BTC #CPIData #FED #InterestRate
If the price remains above the trendline, a successful breakout from the wedge formation can be expected.
Next week, US inflation data and the Federal Reserve’s interest rate will be announced.
As Bitcoin continues to trade below $27,000, critical economic data in the US is approaching!
Will Bitcoin Fall Below $25,000 Again?
Amidst current price fluctuations, BTC continues to trade within a wedge formation and is currently positioned above an important trendline on the daily timeframe.
If the $BTC price remains above the trendline, a successful breakout from the wedge formation can be expected, resulting in a 20% to 25% increase. In the event of a rejection, a drop towards $21,500 is inevitable.
BTC/USDT 1 Day Price Chart
In a surprising development, over 1400 BTC from an address that has been inactive for over 10 years has become active again. A transaction of 1432.92 BTC was sent in block 793344, and a new wave of volatility can be expected in the markets. In addition, US CPI and FOMC (Federal Open Market Committee) are scheduled for next week, which could further increase volatility.
In the long term, the leading cryptocurrency Bitcoin continues to maintain a bullish trend, and the current downturn may resemble an accumulation period for the upcoming rise. Therefore, in the short term, the levels mentioned above should be closely monitored to determine the next move for BTC price.
US CPI and Fed Interest Rate Announcement Approaching
Cryptocurrencies can be affected by critical economic developments in the US, creating volatility in the market. Next week, US inflation data and the Federal Reserve’s interest rate will be announced.
US annual inflation data will be announced on Tuesday, June 13th at 3:30 PM Turkish time. The previous year’s annual inflation data was announced as 4.9%. The Federal Reserve (FED) will announce its interest rate decision on Wednesday, June 14th at 9:00 PM Turkish time. The current interest rate is 5.25%
Currently, the markets expect interest rates to remain unchanged. According to CME Group’s expectations, the probability of interest rates remaining unchanged is 70.1%. The probability of a 25 basis point increase in interest rates is 29.9%. The FED raised interest rates by 25 basis points at its previous meeting.
#bitcoin #BTC #CPIData #FED #InterestRate
#Write2earn #Bitcoin 's Consolidation Phase and Potential Fed Policy Impact: Insights and Analysis #InterestRate #BTC🔥🔥🔥🔥🔥 $BTC
Rekt Capital points out that Bitcoin's current phase of consolidation, lasting 150 days post-Halving, fits into historical trends, which helps to moderate the speed at which its price is rising.
Bitcoin, the largest cryptocurrency globally, has shown resilience after hitting lows of $57,000 last week, now hovering around $64,000. Since the fourth Bitcoin halving last month, its price has mostly remained within a certain range.
Bitcoin's Price Movement
Rekt Capital, a crypto analyst, identifies a recent phase of price-based capitulation, known as the Halving Retrace phase, shown by the dark blue circle. Looking ahead, attention turns to time-based capitulation expected in the ongoing Re-Accumulation phase, indicated in red.
According to Rekt Capital, a consolidation period exceeding 150 days post-Halving follows typical historical patterns. Such a prolonged consolidation phase is seen as beneficial as it slows down the rate at which Bitcoin's price surges.
This prolonged consolidation is expected to realign the current cycle with past patterns observed after previous Halving events. This alignment is viewed positively for Bitcoin's long-term growth and market stability.
In March 2024, Bitcoin saw an unprecedented surge, hitting new All-Time Highs, signaling a notable acceleration in the current cycle. This milestone came 260 days earlier than the usual trajectory seen in traditional Halving cycles.
However, Bitcoin's momentum has slowed down since then, with the cryptocurrency trading within a range of roughly $60,000 to $70,000 for almost two months. This prolonged consolidation has moderated the cycle's acceleration, shortening it from 260 days to 210 days compared to historical patterns.
Rekt Capital points out that Bitcoin's current phase of consolidation, lasting 150 days post-Halving, fits into historical trends, which helps to moderate the speed at which its price is rising.
Bitcoin, the largest cryptocurrency globally, has shown resilience after hitting lows of $57,000 last week, now hovering around $64,000. Since the fourth Bitcoin halving last month, its price has mostly remained within a certain range.
Bitcoin's Price Movement
Rekt Capital, a crypto analyst, identifies a recent phase of price-based capitulation, known as the Halving Retrace phase, shown by the dark blue circle. Looking ahead, attention turns to time-based capitulation expected in the ongoing Re-Accumulation phase, indicated in red.
According to Rekt Capital, a consolidation period exceeding 150 days post-Halving follows typical historical patterns. Such a prolonged consolidation phase is seen as beneficial as it slows down the rate at which Bitcoin's price surges.
This prolonged consolidation is expected to realign the current cycle with past patterns observed after previous Halving events. This alignment is viewed positively for Bitcoin's long-term growth and market stability.
In March 2024, Bitcoin saw an unprecedented surge, hitting new All-Time Highs, signaling a notable acceleration in the current cycle. This milestone came 260 days earlier than the usual trajectory seen in traditional Halving cycles.
However, Bitcoin's momentum has slowed down since then, with the cryptocurrency trading within a range of roughly $60,000 to $70,000 for almost two months. This prolonged consolidation has moderated the cycle's acceleration, shortening it from 260 days to 210 days compared to historical patterns.
#Write2earn
Market Awaits FOMC Meeting as Bitcoin Faces Key Support Levels
#FOMC #InterestRate #CryptoMarket #FED $BTC $ETH
The Federal Reserve's upcoming FOMC meeting on Tuesday and Wednesday will release key inflation data. While interest rates are expected to stay unchanged, market uncertainty is causing Bitcoin to fluctuate.
Confusing Jobs Data Adds to Uncertainty
Recent U.S. jobs data has muddled the economic outlook. The Bureau of Labor Statistics reported 270,000 new jobs in May, while the Household Survey showed a loss of 408,000 jobs. This conflicting data raises suspicions of economic manipulation.
FOMC Meeting: Rates Expected to Hold Steady
The market expects the Fed to keep interest rates unchanged, following rate cuts by Canadian and European central banks. Prolonged high rates could limit liquidity for Bitcoin's next bull run, but a rate cut might be necessary later due to rising debt and potential currency printing.
Bitcoin Faces Rejection: Key Support Levels to Watch
Bitcoin is pulling back from the top of its bull flag, testing support around $67,000. A bounce is possible, but if $67,000 fails, Bitcoin could find support at $63,000 or $64,000. The weekly close will be critical, with the stochastic RSI hinting at a possible bearish crossover.
Market Awaits FOMC Meeting as Bitcoin Faces Key Support Levels
#FOMC #InterestRate #CryptoMarket #FED $BTC $ETH
The Federal Reserve's upcoming FOMC meeting on Tuesday and Wednesday will release key inflation data. While interest rates are expected to stay unchanged, market uncertainty is causing Bitcoin to fluctuate.
Confusing Jobs Data Adds to Uncertainty
Recent U.S. jobs data has muddled the economic outlook. The Bureau of Labor Statistics reported 270,000 new jobs in May, while the Household Survey showed a loss of 408,000 jobs. This conflicting data raises suspicions of economic manipulation.
FOMC Meeting: Rates Expected to Hold Steady
The market expects the Fed to keep interest rates unchanged, following rate cuts by Canadian and European central banks. Prolonged high rates could limit liquidity for Bitcoin's next bull run, but a rate cut might be necessary later due to rising debt and potential currency printing.
Bitcoin Faces Rejection: Key Support Levels to Watch
Bitcoin is pulling back from the top of its bull flag, testing support around $67,000. A bounce is possible, but if $67,000 fails, Bitcoin could find support at $63,000 or $64,000. The weekly close will be critical, with the stochastic RSI hinting at a possible bearish crossover.
‼️Key Events This Week:
1. Consumer Confidence data - Tuesday
2. New Home Sales data - Wednesday
3. Fed #InterestRate Decision - Wednesday
4. Q2 2023 #GDP data - Thursday
5. #PCE #Inflationdata - Friday
6. ~20% of #S&P500 companies report earnings
Action packed week ahead.
Follow 👉🏻@cryptovarta
✅✅✅
1. Consumer Confidence data - Tuesday
2. New Home Sales data - Wednesday
3. Fed #InterestRate Decision - Wednesday
4. Q2 2023 #GDP data - Thursday
5. #PCE #Inflationdata - Friday
6. ~20% of #S&P500 companies report earnings
Action packed week ahead.
Follow 👉🏻@cryptovarta
✅✅✅
On Wednesday at 2 p.m. Eastern Standard Time, the Federal Open Market Committee (FOMC) revealed that it would raise the rate by 25bps. #Fed #InterestRate
https://news.bitcoin.com/federal-reserve-hikes-rate-by-25bps-to-keep-inflation-at-bay-aims-for-2-inflation-rate-by-2025/
https://news.bitcoin.com/federal-reserve-hikes-rate-by-25bps-to-keep-inflation-at-bay-aims-for-2-inflation-rate-by-2025/
📢 BREAKING: Bank of Japan Raises Interest Rates to 15-Year High!
📈The Bank of Japan has raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
🔺 Key Highlights:
The largest rate hike since 2007, ending dominant market expectations for no change.
Just months after ending eight years of negative interest rates.
BOJ Governor Kazuo Ueda hints at the possibility of another hike this year.T
he hawkish comments pushed the dollar below 151 yen for the first time since March.
🇯🇵 Japan's Monetary Policy Shift:
A stark contrast to other major economies, like the Federal Reserve, which is expected to signal rate cuts.Aimed at gradually adjusting stimulus to avoid abrupt economic impacts.
📊 Details:
Overnight call rate target raised to 0.25% from 0-0.1% in a 7-2 vote.Short-term policy rate is now the highest since 2008.
Stay tuned for more updates! 🌐 #BOJ #InterestRate #Economy #Japan
📈The Bank of Japan has raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
🔺 Key Highlights:
The largest rate hike since 2007, ending dominant market expectations for no change.
Just months after ending eight years of negative interest rates.
BOJ Governor Kazuo Ueda hints at the possibility of another hike this year.T
he hawkish comments pushed the dollar below 151 yen for the first time since March.
🇯🇵 Japan's Monetary Policy Shift:
A stark contrast to other major economies, like the Federal Reserve, which is expected to signal rate cuts.Aimed at gradually adjusting stimulus to avoid abrupt economic impacts.
📊 Details:
Overnight call rate target raised to 0.25% from 0-0.1% in a 7-2 vote.Short-term policy rate is now the highest since 2008.
Stay tuned for more updates! 🌐 #BOJ #InterestRate #Economy #Japan
🚨 Important Developments Next Week 🚨
Monday, July 22
The Floki team is set to make a major marketing announcement. 📈 Expect $FLOKI to make waves!
Tuesday, July 23
The Central Bank of the Republic of Turkey 🇹🇷 will announce its interest rate decision. (Expectation remains unchanged.)
Thursday, July 25
The USA 🇺🇸 will release its GDP data, with an expectation of 1.9%. Watch for market reactions!
Friday, July 26
The Core Personal Consumption Expenses Index in the USA 🇺🇸 will be announced, with an expectation of 0.2%.
Saturday, July 27
Donald Trump will speak at the Bitcoin 2024 conference. 📈🎤 This could bring some exciting updates to the crypto scene.
Stay informed and adjust your strategies accordingly! 📊💡
#CryptoNews #Binance #Write2Earn! #InterestRate #Bitcoin2024
Monday, July 22
The Floki team is set to make a major marketing announcement. 📈 Expect $FLOKI to make waves!
Tuesday, July 23
The Central Bank of the Republic of Turkey 🇹🇷 will announce its interest rate decision. (Expectation remains unchanged.)
Thursday, July 25
The USA 🇺🇸 will release its GDP data, with an expectation of 1.9%. Watch for market reactions!
Friday, July 26
The Core Personal Consumption Expenses Index in the USA 🇺🇸 will be announced, with an expectation of 0.2%.
Saturday, July 27
Donald Trump will speak at the Bitcoin 2024 conference. 📈🎤 This could bring some exciting updates to the crypto scene.
Stay informed and adjust your strategies accordingly! 📊💡
#CryptoNews #Binance #Write2Earn! #InterestRate #Bitcoin2024