Crypto News

Bitcoin Faces Setback as China's Stimulus Plans Fall Short

Bitcoin's rally faces challenges as China eases stimulus measures, disappointing market expectations. BTC dropped 1.5%, with traders now watching for the Federal Reserve's next moves. Market sentim...

Dollar Decline Linked to Potential November Rate Cut by Federal Reserve

Analyst Brooks highlights a drop in dollar value due to diminished chance of rate hikes by the Federal Reserve in November. Current data shows a 5% chance of no rate cut. Upcoming U.S. election unc...

US Treasury Yields Increase as Jobless Claims Drop Unexpectedly

U.S. Treasury yields rise as jobless claims fall to 227,000, below forecasts. The market anticipates a gradual reduction in interest rates with a 97% chance of a rate cut in November according to C...

Fed's Harker: Inflation Easing but Still Below Target Level

Federal Reserve official Harker states that inflation has notably eased but has not yet reached the desired target. The Fed has not announced completion of its inflation management efforts.

Federal Reserve Set to Lower Interest Rates by 25 Basis Points in November

Data from CME's FedWatch tool shows a 95% probability of a 25 basis point cut by the Federal Reserve in November, with only a 5% chance of maintaining current rates.