November 27, 2023
Image Credit: News BTC
December 14, 2023
The US Federal Reserve chose to keep its benchmark interest rate at 5.50%, despite economic slowdown.
Image Credit: CNBC
The Fed noted persistent inflation above the 2% target but indicated signs of easing inflationary pressures.
Image Credit: Redtea
Hinted at possible cuts, up to 75 basis points, departing from recent tightening.
Image Credit: Pinterest
The announcement triggered a substantial surge in Bitcoin's value, pushing it beyond the $42,000 mark.
Image Credit: Crypto network
Surge linked to anticipation of US regulators approving Bitcoin ETFs.
Image Credit: Pinterest
Positive impact on riskier assets; investors saw a green light for ventures like Bitcoin.
Image Credit: Pinterest
Investors viewed Bitcoin as a risk-on asset, responding to potential rate cuts.
Image Credit: Pixabay
Fed's influence highlights Bitcoin's increasing importance in portfolios.
Image Credit: Pinterest