'Optically it's going to be hard for the Fed to raise rates right now ... but that doesn't mean they won't do it,' eToroUS' callieabost says. Watch more markets analysis ahead of the federalreserve's interest rate decision today:
eToro Investment Analyst Callie Cox discusses her outlook for the crypto markets as bitcoin hovers around $28,000 in advance of the U.S. Federal Reserve's next interest rate decision on Wednesday.
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Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector ReboundBitcoin climbed past $28,000 on Tuesday as the FOMC started its two-day monetary policy meeting to decide on a potential interest rate hike. The CME FedWatch Tool shows that over 87% of traders are predicting a 25 bps rate hike. _jocelynyang_ reports
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Bitcoin Seesaws Below $28K as Investors Eye Fed Interest Rate DecisionBitcoin seesawed below $28K on Monday as investors awaited the next interest rate decision by the Federal Reserve and continued to monitor the global banking situation. JPRubin23 reports
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First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting$BTC hovers at about $28,000 a day before the federalreserve's rate decision. Analysts predict if the Fed raises rates by 0.25 percentage point, the market shouldn’t react aggressively. LedesmaLyllah reports.
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Bitcoin Hovers Around $28K Ahead of Key Fed DecisionBitcoin (BTC) is hovering around $28,000 after the largest cryptocurrency by market capitalization has rallied nearly 70% since the start of 2023. Dave Weisberger, CEO and co-founder of algorithmic crypto trading platform CoinRoutes, joins 'First Mover' to discuss his crypto market analysis.
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Bitcoin Slips Below $28K Ahead of This Week's FOMC Meeting: Market WatchThe total crypto market cap has seen $30 billion gone in a day.
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