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Bitcoin recorded modest gains near $76,500 as US stocks rebounded after the Federal Reserve delivered its first interest-rate hike since July 2023, according to Cointelegraph.
Bitcoin made modest gains near $76,500 while US stocks rebounded after the Federal Reserve delivered its first interest-rate hike since July 2023, according to Cointelegraph.
The Celsius estate is suing BitMEX over the alleged wrongful liquidation and seizure of 6,360 BTC, worth nearly $490 million, during the March 2020 market crash. The lawsuit comes ahead of BitMEX’s exchange closure.
Goldman expects the Federal Reserve to raise interest rates by 25 basis points in October, citing the central bank’s hawkish near-term rate projections, CoinDesk reports.
Zcash climbed 6% and has gained 130% in 30 days, trading near its 2016 all-time highs. Bitcoin fell below $76,000 to a three-and-a-half-week low ahead of the Fed’s rate decision.
A Teraswitch routing error took 29% of Solana’s network stake offline, according to CryptoSlate. The failure did not cross the finality-halt threshold, but telemetry showed delayed finality and sharply lower throughput.
Major banks increasingly expect the Federal Reserve to deliver its first rate hike in three years. Markets have largely priced in the move, while Bitcoin, bonds and Donald Trump could face wider political and market implications.
Prediction markets lowered the Clarity Act’s near-term passage odds after Republicans rejected a Democratic counter-proposal. Negotiations remained deadlocked hours before a key Senate vote, CoinDesk reported.
Bitcoin fell back to $77,800 from $79,000 as the Senate prepared to vote on the Clarity Act. CoinDesk also noted rising oil prices, with Brent and WTI among the related market assets.
Bitcoin remained near $78,000 while Nasdaq futures pointed to early losses before Monday’s cash session. Software shares rose in premarket trading, leaving investors to assess whether equity selling would broaden.
