First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut
Briefly

from Coindesk4 months ago
"Traders are looking to the Federal Open Market Committee (FOMC) meeting on Wednesday regarding interest-rate cuts, with 65% expecting a 50 basis-point reduction."
Coindeskhttps://www.coindesk.com/markets/2024/09/17/first-mover-americas-bitcoin-reclaims-59k-as-traders-anticipate-50-bps-fed-rate-cut/
"BlackRock's bitcoin ETF (IBIT) registered its first inflows in three weeks, netting $15.8 million, a positive sign for BTC bulls amid previous declines."
Coindeskhttps://www.coindesk.com/markets/2024/09/17/first-mover-americas-bitcoin-reclaims-59k-as-traders-anticipate-50-bps-fed-rate-cut/
Read at Coindesk
#bitcoin #crypto-market #interest-rates #blackrock-etf #fomc
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