Cryptocurrency Market

  • Market Cap: $3,323,101,260,922.25
  • 24h Vol: $156,129,579,144.63
  • BTC Dominance: 58.50%

CME Fedwatch

cme-fedwatch-favors-half-point-cut-ahead-of-fomc-meeting

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than […]

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markets-await-fed-decision:-bitcoin-spikes,-gold-drops,-stocks-wobble

Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble

Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half a percent that day. Bitcoin

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markets-bet-big-on-a-25bps-fed-rate-cut—low-odds-for-a-bigger-reduction

Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction

On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which

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