Bitcoin Shows Resilience Against Fed Rate Hikes
Bitcoin has reached $76,000, demonstrating resilience against Fed pressure and the rejection of a regulatory law in the U.S.
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The Federal Reserve increases interest rates by a quarter point, provoking criticism from Donald Trump, who claims they should be at 1%.
Bitcoin has reached $76,000, demonstrating resilience against Fed pressure and the rejection of a regulatory law in the U.S.
The Ibex 35 closes positively after the Fed's rate hike, with an increase of 0.41%.
Ibex 35 closes at 19,635.80 points after a 0.41% rise, anticipating the Federal Reserve meeting.
Economists support a rate hike by the Fed to control inflation. A 0.25% increase is expected at the next meeting.
The Ibex 35 attempts to stabilise at 19,500 points while awaiting the Federal Reserve's decision on interest rates.
The Federal Reserve may announce an interest rate hike at its Wednesday meeting amid Trump's pressure to lower them.
The Ibex 35 faces pressures from rising oil prices and the tech sector, nearing 19,800 points.
CPI in the US holds at 3.4% year-on-year, increasing pressure on the Fed. Energy and gasoline prices drive inflation.
Bitcoin surpasses $80,000 after a 5% increase and $730 million in ETF inflows.
The Ibex 35 clings to 20,000 points while awaiting the US employment report, due today at 14:30.
Bitcoin loses momentum and falls below $80,000 after warnings from the Federal Reserve.