Friday, February 3, 2023
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Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets – Markets and Prices Bitcoin News

A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market is Coming,” states that due

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SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains

Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve's admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted Bitcoin price and this

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Bitcoin Makes a Push for $57K as Fed Taper Fears Linger, Leveraged Funds Boost Shorts

Bitcoin jumped to a fresh five-month high early Monday, extending the two-week price rally even though Friday’s weak U.S. jobs report failed to dampen expectations for Federal Reserve (Fed) tapering in November. The market also turned a blind eye toward the data showing supposedly bearish positioning by leveraged funds in

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Bitcoin to Remain Resilient to Fed’s Impending Taper: Analysts — CoinDesk

Since March 2020, the Fed has been buying assets worth $120 billion a month via a monetary-stimulus program known as quantitative easing, or QE. The program, launched to contain the economic fallout from the coronavirus pandemic, triggered unprecedented asset price inflation. Bitcoin, for one, charted a 10-fold rally to $64,801

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