Is the Fed’s Rate Policy the Key to Bitcoin’s Next Big Move?
13.08.2024 10:30 1 min. read Alexander Stefanov
A prominent cryptocurrency analyst believes that digital assets will need a shift in monetary policy before they can experience significant gains.
Crypto strategist Benjamin Cowen recently stated that the Federal Reserve must ease its tight monetary policy for the crypto market to rise substantially.
Cowen noted that Bitcoin (BTC) has been gradually declining since March, attributing this to the Fed’s reluctance to implement quantitative easing. He suggests that the most likely scenario is for the Fed to loosen its policies by September.
Cowen speculates whether the crypto market can see a lasting change before the Fed adopts a more lenient monetary approach. He believes it’s possible that the market might remain subdued throughout 2024, given the current conditions.
He explained that Bitcoin’s recent downward trend is tied to the market’s uncertainty regarding the timing and nature of Fed rate cuts. This uncertainty leads to volatile market behavior, with expectations constantly shifting and causing fluctuations in Bitcoin’s price.
-
1
Large Bitcoin Transfer Fuels Concerns Amid Declining Market Sentiment
30.03.2025 16:30 2 min. read -
2
Analyst Warns of Massive Ethereum Drop Against Bitcoin
03.04.2025 21:00 2 min. read -
3
Metaplanet Boosts Bitcoin Holdings Again with $13 Million Purchase
02.04.2025 18:00 1 min. read -
4
MARA Holdings Launches $2 Billion Stock Offering to Expand Bitcoin Stash
30.03.2025 16:06 1 min. read -
5
Bitcoin ETFs See Tenth Straight Day of Inflows Amid Institutional Confidence
28.03.2025 19:00 2 min. read
Swiss Supermarket Rolls Out Lightning-Powered Bitcoin Payments
A supermarket in Zug, Switzerland, has begun accepting Bitcoin payments, adding to the country’s expanding list of crypto-friendly retailers.
Here’s How the Top Cryptocurrencies Are Performing as Market Volatility Fades
After a period of uncertainty and major price volatility for the stock and crypto markets amid Trump’s tariff turmoil, investors are seemingly more calm.
Bitcoin Breaking Out? Analysts Say the Downtrend’s Cracking
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
Bitcoin ETFs Rebound With $107M Inflows, Ethereum Sees No Movement
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.
-
1
Large Bitcoin Transfer Fuels Concerns Amid Declining Market Sentiment
30.03.2025 16:30 2 min. read -
2
Analyst Warns of Massive Ethereum Drop Against Bitcoin
03.04.2025 21:00 2 min. read -
3
Metaplanet Boosts Bitcoin Holdings Again with $13 Million Purchase
02.04.2025 18:00 1 min. read -
4
MARA Holdings Launches $2 Billion Stock Offering to Expand Bitcoin Stash
30.03.2025 16:06 1 min. read -
5
Bitcoin ETFs See Tenth Straight Day of Inflows Amid Institutional Confidence
28.03.2025 19:00 2 min. read
