This episode is sponsored by NYDIG.Download this episodeYesterday in the wake of the FOMC meeting, the Federal Reserve signaled a hawkish turn. Asset purchases will be tapered at twice the speed, and the Fed is now anticipating three rate hikes next year. So why, in the wake of all that, are risk assets going up, and five-year inflation expectations climbing?See also: Bitcoin … [Read more...] about What the Fed’s ‘Hawkish’ Turn Means for Bitcoin
Hawkish
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift is Priced in
Bitcoin appears to have digested the U.S. Federal Reserve’s (Fed) impending hawkish or anti-inflation policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally post the Fed decision due later on Wednesday.The central bank is widely expected to announce a $30 billion reduction in asset purchases starting in January … [Read more...] about Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift is Priced in
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off
The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from United States Federal Reserve Chairman Jerome Powell confirmed that the central bank would soon start to taper its monetary policy of easing and bond-buying. These statements appear to have kicked off a series of price decreases across the crypto market and both Bitcoin (BTC) and … [Read more...] about Hawkish Fed comments and fears of stablecoin regulation spark market sell-off
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United States Federal Reserve Bank of St. Louis, indicating that he expects the first interest rate increase to happen in late 2022. Bullard's comments were even more hawkish than Wednesday’s comments from Fed Chair Jerome Powell, who … [Read more...] about Hawkish Fed comments push Bitcoin price and stocks lower again