The price of bitcoin (BTC) fell about 1.5% to $88,300 in the minutes following Powell’s comments. The price at press time had dipped a bit further to $88,000, down 3.2% over the past 24 hours. […]
In an announcement today, the Federal Reserve has decided to uphold its benchmark interest rate, extending a trend of stability that has persisted through three multipl meetings. The central bank has opted for continuity, maintaining […]
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, […]
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist […]
Bitcoin (BTC) saw heavy volatility on March 22 as the United States Federal Reserve hinted that it may stop interest rate hikes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell on rates: “‘May’ and ‘some’ […]
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate […]
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