FOMC | Crypto

Jerome Powell stepped in front of cameras on Dec. 1 at the Hoover Institution’s George Shultz memorial event with three audiences watching: bond traders pricing an 87% chance of a December rate cut, a divided Federal Open Market Committee bracing for possible dissents, and a Bitcoin market that just bled $4.3 billion from US spot […] The post Everything you need to know for Bitcoin and crypto ahead of Jerome Powell’s upcoming FOMC meeting appeared first on CryptoSlate.

Analysts say the crypto market has already priced in Wednesday's interest rate cut, but the Federal Reserve remains divided on an additional cut in December. The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%. Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast: Asset prices remained flat or fell by modest amounts on Wednesday following the FOMC decision, with the price of Bitcoin (BTC) falling by about 2.4% at the time of writing, following Federal Reserve Chair Jerome Powell’s comments signaling that FOMC members are divided on a December rate cut.  Read more

Bitcoin (BTC) remains in a delicate balance following the Federal Reserve’s rate cut decision, where holding $115,200 is key to defining the next movement. Glassnode reported on Sept. 18 that derivatives markets and on-chain data revealed a market poised for its next directional move. BTC was trading at $117,649.40 as of press time, positioning above […] The post Bitcoin’s next major move post-FOMC relies on staying above $115,200 appeared first on CryptoSlate.

Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025. At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said: Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027. Read more

Bitcoin (BTC) whipsawed on Sept. 17 after the Federal Reserve confirmed a 25 basis-point interest rate cut, lowering its target range for the federal funds rate to 4% to 4.25%. The decision also reduced the interest rate paid on reserve balances to 4.15% and lowered the primary credit rate to 4.25%, both effective Sept. 18. […] The post Bitcoin volatility spikes as FOMC confirms 25 basis-point rate cut for September appeared first on CryptoSlate.

Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level. Key takeaways: Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders. Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision. Read more

Bitcoin (BTC) trades at the upper edge of its $108,000-$116,000 air gap range ahead of the Federal Reserve meeting on Sept. 17, and relies on the policy messaging. BTC traded at $115,046.29 as of press time, down by 0.2% in the past 24 hours. According to the Bitfinex Alpha report, Bitcoin needs a sustained break […] The post Bitcoin faces $107,000 or $125,000 move as FOMC meeting determines market direction appeared first on CryptoSlate.

Bitcoin is in no mood to party into the FOMC rate-cut decision while stocks and gold outperform to start a key macro trading week. Key points: Bitcoin diverges from stocks and gold to see daily losses of 2% to start the week. Analysis hopes that the upcoming Federal Reserve interest-rate decision will provide a BTC price boost. Read more

Here's the latest in the cryptocurrency space as the next FOMC meeting approaches.

Federal Reserve officials focused significantly on stablecoins during their July 29-30 meeting, analyzing potential impacts on the financial system following the passage of the GENIUS Act. In the minutes released on Aug. 20, the members of the Federal Open Market Committee (FOMC) mentioned the digital tokens multiple times. Stablecoins discussed extensively The officials mentioned “payment […] The post Fed discusses stablecoins extensively in recent FOMC meeting following GENIUS Act passage appeared first on CryptoSlate.

Traders cut risk ahead of Wednesday’s Federal Reserve decision on interest rates, and a long-awaited crypto policy report from the White House. Key points:  Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon.  This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve. Read more

Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a "stupid person" with interest-rate cut hopes absent. Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting. Read more

Crypto rallies, US-China trade talks to begin, FOMC decision today FOMO HOUR EP352 BTC: 97k (+3%), ETH: 1840 (+2%), SOL: 147 (+2%). Top Gainers: LTC, STX, WLD, FET, QNT. BTC ETFs: -$86mn, ETH ETFs: -$18mn. Crypto rallies on US-China trade talk news. BTC dominance breaks through 65%. New Hampshire first state to setup crypto reserve. UK treasury rules out BTC reserve. Thumzup to sell $500m stock to buy BTC. SOL Strategies buys $18.25m SOL. Citi, SDX plan to tokenise pre-IPO market. Global stablecoin supply up 14% in 2025. Tether to deploy USDT on Kaia. WLFI to airdrop stablecoin on ETH mainnet. AI will buy BTC: Saylor. Bitwise files for NEAR ETF. Strike launches BTC backed lending. Armstrong’s startup valued at $810m. CZ applies for pardon in US. Bhutan launches crypto payments for tourists. We don’t want Fed to issue CBDC: Bessent. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of th...