Hawkish Fed expectations weigh on crypto market.
4 reports, 3 independent
Updated Tue 00:00
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What happened
Hawkish Fed expectations weigh on crypto market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Hawkish Fed speech at Jackson Hole causes crypto miners to plunge amid rising costs.1 source
Current market pressure due to hawkish Fed expectations.1 source
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The entities involved
Related events
- A hawkish shift by the FED is impacting gold prices.
- Fed Chair spoke at IMF meetings, leading to downward repricing of rate hike expectations and supporting crypto sentiment.
- The Fed's tightening policy, coupled with supply shock concerns, led to a crypto rally and prompted Goldman Sachs to adjust its rate hike forecast.
- Deutsche Bank and other institutions analyze US rate selloff drivers, noting crypto sentiment's effect on Fed hike odds.
- The outlook of the Federal Reserve (FED) is currently impacting expectations and market movements within the gold market.