Bitcoin dead again at $94K prior to tomorrow’s Fed meeting
Bitcoin reclaimed the $94K mark ahead of tomorrow’s Fed meeting, as traders weigh the potential impact of interest rate signals on risk assets and crypto market liquidity.
fed meeting
Bitcoin Hits Intraday High of $87,470 Amid Fed Meeting, Political Support
Bitcoin surged to an intraday high of $87,470 amid heightened market activity surrounding the Federal Reserve’s meeting. This rally is bolstered by increasing political support for digital currencies, fueling optimism among investors.
Fed meeting concludes, no rate hike this time
**Fed Holds Rates Steady, But Hawkish Stance Signals Future Hikes**
In a surprise move, the Federal Reserve has opted to keep interest rates unchanged, defying market expectations of a hike to combat soaring inflation. This unexpected decision has sent shockwaves through the markets, leaving investors wondering what the future holds.
However, the Fed has signaled a hawkish stance, indicating that multiple rate increases are likely on the horizon as it seeks to tame inflationary pressures. Markets are now bracing for an aggressive tightening cycle, with investors eagerly awaiting upcoming economic data and Fed communications for further clues about the central bank’s monetary policy trajectory
Fed meeting, jobs report, and Big Tech earnings: What to watch this week
**RoboHero Announces TGE Date on MEXC, Unleashing the Power of AI-Driven Gaming**
Prepare for an electrifying adventure as RoboHero unveils its TGE date on MEXC. This groundbreaking platform combines the thrill of gaming with the transformative power of AI, promising an immersive and unforgettable experience
Fed meeting, jobs report, and Big Tech earnings: What to watch this week
**Google’s Parent Soars: Dividend Debut, Earnings Triumph**
Alphabet, the tech giant behind Google, has wowed investors with its latest quarterly report. The company’s earnings per share of $24.62 eclipsed expectations, while revenue of $69.09 billion surpassed forecasts.
But the real bombshell came with Alphabet’s announcement of its first-ever quarterly dividend. This move sent shares soaring in after-hours trading, signaling investor confidence in the company’s future.
Alphabet’s advertising business remains its cash cow, with revenue surging 17% year-over-year. This dominance in the digital advertising realm underscores Alphabet’s unwavering position as a tech powerhouse
A Fed meeting, jobs report, and more Big Tech earnings: What to know this week
The Federal Reserve will conclude its two-day policy meeting on Wednesday, with investors anticipating another interest rate hike to combat soaring inflation. The central bank is widely expected to raise its benchmark rate by 25 basis points, marking the first increase since 2018.
Additionally, the Labor Department’s closely watched employment report for January will be released on Friday. Economists project the economy added 185,000 jobs last month, down from the robust 223,000 increase in December.
Meanwhile, several major technology companies, including Apple, Amazon, and Alphabet, will report quarterly earnings this week. Investors will be scrutinizing the results for signs of resilience amid recent market volatility and concerns over slowing economic growth.