Bitcoin Market Surges to $2.73T Milestone
Crypto market hits $2.73T as Fed rate fears ease; $BTC climbs 4.8% to $81,364, $ETH above $2,500; altcoins surge with ZIG up 18.75%, ZEC 18.06%. #Update #Crypto
Interest Rates
Fed Holds Firm as Inflation Surges
The Federal Reserve held interest rates at 3.5%-3.75% amid rising inflation driven by energy prices; $BTC dropped slightly as markets reacted to the decision. #Update #Crypto $BTC
Opentrade Boosts Payroll Cash to 3% APR
Ontop integrates Opentrade infrastructure to offer a 3% APR USD rewards program for global remote workers, leveraging payroll float. #Update #Fintech
Federal Reserve Holds Rates at 3.75%
CME Fedwatch indicates a 99% chance of the Federal Reserve holding rates at 3.75% for the April 29 FOMC meeting. #Update #Finance
Federal Reserve Holds Rates Defying 2026 Cuts
Fed funds futures show a 99.5% probability the Federal Reserve holds rates at 3.50%-3.75% on April 29, with no cuts expected in 2026. #Update #Finance
Circle Stock Surges Amid Iran War Impact
@Circle (CRCL) stock surged 10% amid rising oil prices due to Middle East tensions, marking an 86% increase over the month, driven by short squeezes and inflation concerns. #Update #Crypto $USDC
Bitcoin Emerges as New Gold Says Rieder
Rick Rieder of @BlackRock, a favorite for Trump’s Fed chair pick, advocates for $BTC as a replacement for gold, suggesting it should be part of investment portfolios. #Update #Crypto $BTC
Interest Rates Hold Steady Says Cleveland Fed
Cleveland Fed President Beth Hammack indicates no further interest rate cuts, suggesting current rates may be stimulative despite recent inflation data. #Update #Finance $BTC
JPMorgan Chase Sets Bold 2026 S&P 500 Target
JPMorgan Chase’s Dubravko Lakos forecasts the S&P 500 could reach 8,000 points by 2026 if the Federal Reserve eases monetary policy significantly. Current target ranges from 7,000 to 7,500. #Update #Market $SPY
Bitcoin Faces Threat as Japan Hikes Rates
The Bank of Japan is set to raise interest rates by 25 basis points to 0.75% on Dec. 19, potentially impacting global liquidity and Bitcoin prices negatively. #Update #Crypto $BTC
Bitcoin Surges Amid Trump Security Strategy Shift
Trump’s National Security Strategy promotes increased military spending from allies, potentially raising bond yields and inflation, which may hinder rate cuts, impacting assets like $BTC and gold. #Update #Crypto $BTC
Fed Cuts Rates by 25 Basis Points
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.0%, with Bitcoin trading at $111,700, down 3%. Market awaits Fed Chair Powell’s comments. #Update #Crypto $BTC
Global Liquidity Powers Market Surge
Bitcoin trades at $110,500, down 2%, amid U.S.–China tensions; Ethereum at $3,900, down 4%. Gold rises to $4,141.81/oz as safe-haven demand increases. #Update #Crypto $BTC $ETH
Fed Cuts Rate by 25 Basis Points
The Federal Reserve cut the fed funds rate by 25 basis points to 4%-4.25%, marking its first reduction since December 2022 amid a slowing job market. #Update $BTC