On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which […]
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Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated
Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in […]
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