Analysts at odds over Fed, US debt ceiling impact on Bitcoin price

A political deadlock looms over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.

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Bitcoin price surge: Breakthrough or bull trap? Pundits weigh in

Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived.

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Bitcoin is a 'wild card' set to outperform —Bloomberg analyst

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets.

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Research: The Fed will huff and puff and blow your house down as it begins quantitative tightening

Quantitative easing (QE) has become synonymous with the COVID-19 pandemic as the blowout from the lockdowns stalled the growth of the global economy and threatened to turn into a financial crisis.

The post Research: The Fed will huff and puff and blow your house down as it begins quantitative tightening appeared first on CryptoSlate.

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Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto

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Bitcoin 'whales' and 'fishes' pause accumulation as markets weigh March 50bps hike odds

If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening?

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‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and [...]

The post ‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change appeared first on Crypto Breaking News.

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JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End

Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,” the financial crisis of 2023 is [...]

The post JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End appeared first on Crypto Breaking News.

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JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience

JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024. JPMorgan Foresees U.S. Economic Growth Amid ‘Ridiculous’ Fitch Downgrade and Recession Fears Echoing [...]

The post JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience appeared first on Crypto Breaking News.

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ETH hits 7-month high ahead of Shanghai and Capella upgrades

Ether has broken the $1,900 resistance level for the first time in months and is currently sitting above $1,911.

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