Categories: Bitcoin Latest News

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin’s biggest advocate, Michael Saylor, says new plan to clean up the blockchain is ‘a bad idea’

Michael Saylor argues that a new proposal, BIP-110, to temporarily block "spam" data from the…

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Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins

Project Eleven says it has funded a proof that lets a wallet's own key-derivation path…

15 hours ago

DOG Mode explains Bitcoin’s next governance fight

Leonidas' DOG Mode client challenges Bitcoin's default relay policies, reopening a philosophical debate over censorship,…

1 day ago

Massive bitcoin call spreads target $72,000 by month end, right when the Fed meets

Large traders are betting on a BTC price rise to $72,000 by the end of…

1 day ago

SEC Approves Higher IBIT Options Limits As Bitcoin ETF Market Matures

The SEC has approved a NYSE Arca rule change that raises position and exercise limits…

2 days ago

Polymarket Fed Hold Odds Hit 94% As Softer Inflation Boosts Bitcoin Mood

Polymarket traders are pricing in a high probability that the Federal Reserve holds rates steady…

2 days ago