Friday, September 29, 2023
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Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling

Bitcoin (BTC) exchanges have seen trading volume collapse as traders deal with constant macroeconomic uncertainty.According to new research from on-chain analytics platform CryptoQuant published on Sept. 25, daily BTC volumes are at lows rarely seen since 2018.Fed keeps Bitcoin investors wary of “possible recession”Bitcoin price action has stayed in a

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Bitcoin price tests $27K support as Fed holds interest rates at FOMC

Bitcoin (BTC) saw snap volatility on Sep. 20 as the United States Federal Reserve maintained interest rates at twenty-year highs.BTC price digests Fed rate pauseData from Cointelegraph Markets Pro and TradingView followed BTC price action as it reacted to the rate decision and accompanying commentary from Fed Chair Jerome Powell.The

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Bitcoin price settles at $26.5K as key Fed inflation week dawns

Bitcoin (BTC) circled $26,500 into the Sep. 17 weekly close after new September highs gave way to calmer conditions.BTC/USD 1-hour chart. Source: TradingViewBitcoin saves volatility for weekly closeData from Cointelegraph Markets Pro and TradingView showed BTC price performance stabilizing over the weekend.The largest cryptocurrency had seen a trip to $26,880

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Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation

The Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about what the central bank’s role is in financial innovation. Research and supervision was the short answer, with a nod to the FedNow Service.Along with the standard disclaimer about it making no decisions without

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