The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from the Financial Times (FT) on Tuesday, Treasury Secretary Scott Bessent has presented a list of four names to the …
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Tag:Fed
Bitcoin (BTC) Price Shackled, Zcash (ZEC) Outperforms Before Fed: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market lacks clear direction. Bitcoin BTC$90,494.54 is still in its boring range-play between $90,000 and $95,000, and there’s little cheer in the broader market, as evidenced by over 2% declines in the CoinDesk 20 (CD20) and CoinDesk 80 (CD80) indexes. ZEC is the only …
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Bitcoin Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is hovering around 90k after a weekend of sharp but short-lived …
Continue reading Bitcoin Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
Bitcoin Edges Higher on Fed Rate Cut Expectations
Bitcoin traded just above $91,300 on Monday as Asian equities opened the week slightly higher ahead of a heavy run of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25-basis-point rate cut. MSCI’s Asia equity benchmark climbed about 0.2%, led by tech, while US futures and the dollar …
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A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for
The number didn’t look dramatic at first glance ($13.5 billion in overnight repos on Dec. 1), but for anyone who watches the Federal Reserve’s plumbing, it was a noticeable spike. These operations rarely break into headlines, yet they drive the liquidity currents that shape everything from bond spreads to equity appetite to the way Bitcoin …
Continue reading A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for