Bitcoin Holds Steady After Federal Reserve Raises Rates to 22-Year High

The Federal Reserve today said it would continue to hike interest rates—but Bitcoin and Ethereum did not immediately move.

• 2023-07-27
• United States Federal Reserve Jerome Powell interest rates basis points Ethereum

Bitcoin Stalls Over Long Weekend. How the Fed Could Shake Up Cryptos This Week.

Federal Reserve Chairman Jerome Powell is due to testify before both the House and Senate this week, it could prove to be a catalyst for cryptocurrencies.

• 2023-06-19
• Bitcoin Jerome Powell House Financial Services Committee Federal Reserve

Bitcoin, Ethereum Trade Sideways as Fed Skips Rate Hike

It’s the first time the Fed has not raised rates at a meeting in 18 months.

• 2023-06-15
• The Federal Reserve interest rates Federal Open Market Committee Jerome Powell Ethereum rate hikes inflation pressures

Bitcoin Falls Slightly After Fed Rate Hike

BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings.

• 2023-05-04
• U.S. Federal Reserve basis points inflation pressures CoinDesk Jerome Powell Bitcoin Michael Safai market capitalization Federal Open Market Committee rate hike

Bitcoin, Ethereum Flat as Fed Issues 10th Consecutive Interest Rate Hike

It’s the latest step in the U.S. central bank's fight to tame inflation.

• 2023-05-04
• Federal Reserve federal funds rate Jerome Powell inflation pressures interest rate

Fed hikes rates by a quarter point, Bitcoin drops 0.48%

Bitcoin, the largest cryptocurrency by market capitalization, dropped 0.48% on Thursday, Hong Kong time, after the Federal Reserve’s Federal Open Market Committee said it would raise interest rates by 25 basis points, as widely expected. The latest rate bump brings the target range to 5%-5.25%, the highest since September 2007. See related story: Bitcoin, Ether, […]

• 2023-05-04
• market capitalization Jerome Powell

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

• 2023-03-24
• Benoit Bosc Jerome Powell Janet Yellen Federal Reserve interest rate hike crypto community Ilya Volkov market manipulation Bitcoin central bank

Fed Preview: Powell Likely to Raise Rates by 25 bps Against Crypto Market's Hope for Status Quo

The Fed will publish its rate decision and quarterly economic projections on Wednesday at 18:00 UTC. A half hour later, Powell will speak at the post-meeting conference, offering more cues about the path forward.

• 2023-03-21
• basis points Michael Englund rate hikes Fed Jerome Powell banking sector

This Week in Coins: Silvergate, Silicon Valley Bank Collapse, Bitcoin and Ethereum Crash

Also this week, Capitol Hill was full of conflicting opinions as lawmakers again grappled with crypto.

• 2023-03-11
• Silicon Valley Bank Silvergate Bank Ethereum heavy losses Jerome Powell United States Securities and Exchange Commission market capitalization

Bitcoin dips, Ether little changed, with top 10 crypto mixed following U.S. equity slump

Bitcoin and other major cryptocurrencies traded mixed on Wednesday morning in Asia, largely shrugging off the slump in U.S. equities overnight.

• 2023-03-08
• interest rates XRP Jerome Powell U.S. Securities and Exchange Commission