The price of bitcoin (BTC) was little-changed in the minutes following today’s Fed announcement, continuing at about $43,500. Bitcoin has been volatile of late, but is roughly flat over the past several weeks. That time frame has been dominated by the run-up to the spot ETF approvals and then the initial weeks of trading for those vehicles. Bulls are hopeful that a string of rate cuts, alongside demand from the new ETFs and the upcoming April halving (at which fresh daily bitcoin supply will be reduced by 50%), could set off a fresh run to new highs.
ABOUT AUTHOR
CATEGORIES
- Washington state activates National Guard in case of election violence Reuters
- US Supreme Court Won’t Block Decision on Provisional Ballots in Pennsylvania Reuters
- Grindeanu announces “Romania’s most expensive road infrastructure contract”
- WHO resumes polio vaccination for children in northern Gaza
- Nubian Grants Options from Investing.com
- Message in Marcon, lb. Romanian to Moldovan voters: We are stronger united
- Foreign exchange reserves in BNR decreased by 2.93 billion euros in October