NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

Ronaldo Marquez
Ronaldo Marquez
9 months ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a precarious position, but emerging signs could bode well for the BTC price and the broader crypto ecosystem.

Fed’s Rate Cuts Signal Hope For Bitcoin Price Recovery

One promising development is the possibility of further interest rate cuts by the US Federal Reserve (Fed) later this year. According to market expert Walter Bloomberg, Goldman Sachs Asset Management anticipates that the Fed will implement a series of three consecutive 25-basis point rate cuts in September, November, and December. 

Gurpreet Garewal, a macro strategist at Goldman Sachs, noted in a recent report that a weak labor market, as indicated in the upcoming August jobs report, could even prompt the Fed to adopt a more aggressive approach, potentially starting with a 50-basis point cut.

Related Reading

meme coins Raydium RAY Pump.fun

Bitcoin Forecast: Expert Reveals 4 Reasons To Be Bullish On Q4

9 months ago

Currently, money markets are pricing in a total of 100 basis points of rate cuts for the year, as reported by Refinitiv. This outlook aligns with comments made by Fed Chair Jerome Powell last week, who adopted a dovish tone, suggesting the central bank is open to further rate reductions to address signs of cooling in the labor market. Such a stance is generally seen as positive for risk assets, including Bitcoin.

Anticipation of the rate cut had an immediate impact on the Bitcoin price, which surged to a one-month high of $65,000 late last week. However, continued volatility caused the BTC price to fall back to $57,900 on Wednesday, but it has since recovered and is trading above $60,000. 

Analyst Warns Of Potential Price Corrections Ahead

Despite Bitcoin’s recent rebound above $60,200 on Friday, analysts are warning investors to keep an eye out for further price declines as the largest cryptocurrency still shows no signs of strong catalysts.

Crypto analyst Ali Martinez has identified a sell signal on the Bitcoin hourly chart using the TD Sequential indicator, suggesting that another price correction could be on the horizon.

Related Reading

Crypto bull run news

The Entire Crypto Bull Run Hinges On These Factors: Analyst

9 months ago

With this in mind, the $58,000 level has already proven to be a major support level for the cryptocurrency this week. If breached, the other major support level in the near term would be the $57,200 level, as seen on the daily BTC/USDT chart below. 

However, should this scenario play out, the token’s overall macro range would remain intact as this has been part of BTC’s price consolidation between $57,000 and $70,000 for the past six months following the correction from all-time highs of $73,7000. 

Bitcoin
The daily chart shows BTC’s price consolidation between $57,000 and $70,000 over the past six months. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Tweet123Share196ShareSend
Ronaldo Marquez
Ronaldo Marquez

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Read more

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Researchers Forecast Bitcoin At $4.3 Million By 2036, Citing Institutional Demand

In a striking forecast, two academic researchers, Murray Rudd and Dennis Porter, have predicted that Bitcoin (BTC) could soar to...

Ronaldo Marquez 4 hours ago

Crypto’s Unlikely Ally: Top Analyst Reveals War As A Surprising Bullish Force

Crypto analyst Cyclop has made a potentially significant statement, claiming that the ongoing crisis between Israel and Iran may inadvertently...

Ronaldo Marquez 6 hours ago
Red Monday, Bitcoin Drops to $76,000

Bitcoin Volume Surges 100% Amid War Threats – What To Expect

Amid the chaos that was sparked by Israel’s attack on Iran, Bitcoin has climbed again, shaking off the losses triggered...

Scott Matherson 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin price news

Buy Bitcoin Now? Not Yet—Analyst Says Time Holds The Key

Jake Simmons 27 minutes ago
Bitcoin

Analyst Says Bitcoin Price Could Rise 3x To $300,000 As AVIV Levels Resemble Previous Bull Cycles

Scott Matherson 1 hour ago
Altcoin

Altcoin Alert: Expert Reveals Hottest Opportunities For The Summer Season

Ronaldo Marquez 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Top 3 kryptoměny k nákupu před koncem léta — jedna stojí pod $0,04 a překonává Sui (SUI)

    Top 3 kryptoměny k nákupu před koncem léta — jedna...

    5 hours ago
  • Top 3 kryptomeny na kúpu pred koncom leta — Jedna stojí menej než 0,04 USD a prekonáva Sui (SUI)

    Top 3 kryptomeny na kúpu pred koncom leta — Jedna stojí...

    5 hours ago
  • Top 3 kriptó, amit megéri megvenni a nyár vége előtt — az egyik 0,04 dollár alatt van és felülmúlja a Sui-t (SUI)

    Top 3 kriptó, amit megéri megvenni a nyár vége előtt...

    7 hours ago
  • Top 3 opkomende crypto memes met toekomst terwijl SHIB & DOGE dalen – nu memecoins kopen?

    Đã Đến Lúc Bán Pepe Khi Giá Giảm 18%? Presale...

    7 hours ago
  • Como identificar criptomoedas baratas e promissoras

    Top 4 Các Đồng Coin Tiềm Năng Tháng 6 – Liệu...

    8 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.