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Bitcoin and Cryptocurrencies Tick Up but Stay Under Pressure from Rising Yields

  • Bitcoin and cryptos tick higher but remain under pressure from rising bond yields
  • Digital assets mirror pressure on stock market from interest rate and Fed policy outlook
  • Bitcoin rises but overall crypto market remains under pressure
  • Investors continue weighing outlook for interest rates and Fed monetary policy
  • Cryptocurrencies unable to decouple from broader financial markets amid macro uncertainty
barrons.com
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The dollar is expected to continue strengthening as bond yields rise, with the Fed likely to hike rates at least once more this year, and a barrage of economic data this week will heavily influence Fed policy decisions and impact the direction of the dollar and interest rates.
The Federal Reserve's plan to raise interest rates could lead to increased sell pressure on Bitcoin, potentially pushing its price down to the $25,000 range, although the impact may be limited due to consolidation and caution among traders.
Bitcoin and other cryptocurrencies are experiencing a slip in price after key inflation data, causing concerns for the upcoming month of September, which has historically been challenging for Bitcoin.
US-based institutional investors are showing increasing bullish pressure on Bitcoin, as indicated by rising buy pressure and spot trading volumes, potentially leading to a price rally towards $28,000 if the trend continues.
Bond traders are anticipating that the Federal Reserve will continue with interest-rate hikes, and next week's consumer-price index report will provide further insight on how much more tightening may be required to control inflation.
Bitcoin, Ethereum, and other cryptocurrencies have been experiencing a steady decline in prices due to concerns from the Federal Reserve, leading to warnings of a potential price crash, although some analysts remain hopeful for improvement.
The recent increase in interest rates has impacted the price of bitcoin, with factors like opportunity cost, risk sentiment, and inflation expectations playing a role.
Cryptocurrency prices remained stable as inflation in the U.S. surpassed economists' expectations, with Bitcoin trading at around $26,100 and Ethereum experiencing a slight dip of 0.5%. The Federal Reserve will consider this report, among other factors, for its upcoming interest rate announcement on September 20. While inflation has decreased since June, it still exceeds the Fed's target of 2% annually. Core inflation, excluding volatile food and energy costs, decreased to 4.3% in August compared to July's 4.7%.
Bitcoin (BTC) price rises as market remains calm over Fed interest rate policy, with traders anticipating further gains.
Bitcoin, ethereum, BNB, and XRP have experienced a strong price rally in 2023, but a small cryptocurrency has surpassed them, while the Federal Reserve's interest rate decisions could impact the bitcoin price.
The positive momentum surrounding Bitcoin's price is fueled by expectations that the Federal Reserve will not hike rates again this year, while market participants remain optimistic despite the strength of the United States Dollar Index.
Bitcoin is expected to mimic its previous rally and potentially see significant gains in the near future, according to crypto strategist Credible Crypto, who points to a bullish engulfing candle pattern and the defense of a key support level as positive signs for BTC's upward momentum.
Bitcoin and other cryptocurrencies experienced a rise in value as traders made bullish bets in anticipation of the Federal Reserve's interest rate decision, though this surge may be premature.
The Federal Reserve is expected to keep interest rates steady and signal that it is done raising rates for this economic cycle, as the bond market indicates that inflation trends are moving in the right direction.
A 0% interest rate increase by the Federal Reserve is expected to be bullish for Bitcoin, as historically BTC's price has correlated with risk equities and central bank policy.
The US Federal Reserve holds interest rates steady at 5.25% to 5.50%, projects higher rates for next year, and expects stronger economic growth, causing a slight drop in Bitcoin's price.
Bitcoin and other cryptocurrencies experienced a decline after the Federal Reserve decided not to raise interest rates, suggesting that significant gains may not be anticipated in the near future.
The Federal Reserve's plans for prolonged elevated interest rates may continue to put pressure on stocks and bonds, although some investors doubt that the central bank will follow through with its projections.
Bitcoin is expected to experience a strong upward pressure on its price due to the upcoming halving mechanism, making it an attractive time for investors to consider bitcoin mining stocks like Bitfarms and Cipher Mining.
Bitcoin and other cryptocurrencies are experiencing a decline in prices due to a strengthening dollar and risk-aversion, but there is hope for a rebound.
Concerns over a possible U.S. government shutdown, rising oil prices, and a heavy schedule of Treasury debt sales are adding pressure to the markets, along with the ongoing property crisis in China and the effects of last week's hawkish Federal Reserve projections.
The Federal Reserve's commitment to higher interest rates has led to a surge in Treasury yields, causing significant disruptions in the bond market and affecting various sectors of the economy.
Major cryptocurrencies like Bitcoin, Ethereum, and XRP are anticipating a potential surge in price due to a "worst-case" scenario from the Federal Reserve, according to JPMorgan CEO Jamie Dimon.
Yields in the bond market are rising due to several factors including higher inflation premium, hawkish Fed policy, rising energy prices, and increased Treasury debt issuance.
Bitcoin and other cryptocurrencies are rising as traders are optimistic about the potential of a US government shutdown, despite the risk of liquidity drainage.
Bitcoin and cryptocurrencies are facing pressure due to the U.S. debt pile, leading to fears of a "debt death spiral" that could boost the bitcoin price.
The Federal Reserve and oil prices are in focus this week as the economic calendar remains busy, while the crypto market has experienced a surge in momentum over the weekend, with Bitcoin reaching its highest level since August 17.
The U.S. bond market is signaling the end of the era of low interest rates and inflation, with investors now believing that the U.S. economy is in a "high-pressure equilibrium" characterized by higher inflation, low unemployment, and positive growth. This shift has significant implications for policy, business, and individuals, as it could lead to failed business models and unaffordable housing and cars, and may require the Federal Reserve to raise rates further to control inflation.
The Federal Reserve's shift towards higher interest rates is causing significant turmoil in financial markets, with major averages falling and Treasury yields reaching their highest levels in 16 years, resulting in increased costs of capital for companies and potential challenges for banks and consumers.
Crypto strategist predicts that Bitcoin will enter a massive bull run and reach new all-time highs once it surpasses a key support level, but warns that bearish speculation from the stock market could decrease momentum.
Major cryptocurrencies experienced a decline due to a surge in the U.S. 10-year yield, while interest rates continued to rise driven by strong manufacturing data and the possibility of more rate hikes in the future.
Yields on U.S. Treasury bonds are rising uncontrollably, causing ripple effects in financial markets, as the 10-year Treasury yield reaches its highest level since August 2007, resulting in plummeting bond prices and impacting various assets such as stocks and gold. The rise in Treasury yields is attributed to factors such as the U.S. government's expanding budget deficit, the Federal Reserve's quantitative tightening program, and its restrictive stance on interest rates.
The recent surge in bond yields is causing a significant shift in markets, but there is still optimism among investors.
Bitcoin's price is increasing despite a mixed market for cryptocurrencies and spiking bond yields.
Federal Reserve officials are not concerned about the recent rise in U.S. Treasury yields and believe it could actually be beneficial in combating inflation. They also stated that if the labor market cools and inflation returns to the desired target, interest rates can remain steady. Higher long-term borrowing costs can slow the economy and ease inflation pressures. However, if the rise in yields leads to a sharp economic slowdown or unemployment surge, the Fed will react accordingly.
Bitcoin could face difficulties in the long term due to tightening liquidity in the current macroeconomic environment, according to crypto analyst Nicholas Merten. Merten believes that Bitcoin's price is heavily influenced by monetary policy and warns that if sentiment turns bearish, investors may start cashing out.
A spike in interest rates has negatively impacted stocks and bonds, but Bitcoin may continue to rise regardless of the rate changes.
Bitcoin and other cryptocurrencies experienced a slight decline along with the wider market, but analysts are optimistic that the recent uptrend will persist.
Financial markets are under pressure after wholesale inflation data came in higher than expected, raising the likelihood of additional interest rate hikes by the Federal Reserve, while Bitcoin faces selling pressure and shows signs of a potential downward trend according to analysts.
Federal Reserve officials are expected to pause on raising interest rates at their next meeting due to recent increases in bond yields, but they are not ruling out future rate increases as economic data continues to show a strong economy and potential inflation risks. The Fed is cautious about signaling an end to further tightening and is focused on balancing the risk of overshooting inflation targets with the need to avoid a recession. The recent surge in bond yields may provide some restraint on the economy, but policymakers are closely monitoring financial conditions and inflation expectations.
Bitcoin and other cryptocurrencies are experiencing a steady surge in prices due to increasing optimism about the approval of Bitcoin exchange-traded funds by regulators.
Cryptocurrencies have shown slight growth amid macroeconomic challenges, as investors remain optimistic about the approval of spot Bitcoin exchange-traded funds by regulators.
Summary: Bitcoin and other cryptocurrencies are on the rise, fueled by a recent rally, although some traders may be preparing for a potential pullback due to uncertain optimism surrounding a recent catalyst.