Search results for CME FedWatch
Crypto
Bitcoin rebounds after breaking below $60,000; focus on AI funding shift and rate outlook
Bitcoin fell below $60,000 for the first time since last October and rebounded to around $63,000 on bargain buying. The broader crypto market slid, with heavy liquidations. Investors focused on stronger U.S. jobs data that pushed back rate-cut expectations, and on large AI-related fundraisings seen as drawing money from risk assets. Decrypt reported Strategy sold bitcoin for the first time in four years, hurting sentiment, while spot crypto ETFs saw outflows.
Crypto
Bitcoin nears drop below $60,000 on U.S. jobs shock renewing rate hike fears
Bitcoin is on the verge of breaking below $60,000, sliding 2.78 percent to $61,538, while ether fell 8.96 percent to $1,599. The selloff followed a stronger-than-expected May U.S. nonfarm payrolls report and rising odds of a Federal Reserve rate hike on Polymarket and CME FedWatch. Spot bitcoin ETFs saw 13 straight sessions of net outflows, and Mt. Gox transfers fueled selling concerns.
Crypto
Bitcoin falls as U.S. April PCE inflation dims rate-cut hopes
U.S. April personal consumption expenditures (PCE) inflation rose 3.8 percent from a year earlier, the highest since May 2023. Bitcoin weakened after the data, slipping to around $73,300 and down 2.89 percent over 24 hours to about $73,404. Core PCE rose 3.3 percent year-on-year, also matching forecasts. Markets focused on the likelihood of rates staying high longer, with CME FedWatch pricing a 98.9 percent chance of no change in June.
-
Finance
S&P 500 hits record intraday high; Nasdaq also tops as memory chip shares surge
-
Crypto
Bitcoin aims for $85,000 again as five key variables come into focus this week
-
Crypto
Goldman Sachs sees first Fed rate cut in December 2026; crypto outlook unclear
-
Crypto
First bull market since 2025? Five bitcoin checkpoints this week
-
Finance
Powell seen as more dovish than expected as Wall Street ends higher