Bitcoin price is lower than yesterday because of the Silvergate story and the Federal Reserve and Jerome Powell will announce something big this week. What would be the interest rate at the FOMC meeting this week. This week’s CPI data, PCE, unemployment rate will be very important for the FOMC and the interest rate because it will impact the Bitcoin price tremendously. Jerome Powell might raise the interest rate by 50bps instead of 25 bps this months.
This month might be hard for the crypto currency market and Bitcoin. Ethereum and Ripple might get impacted by this too. Silvergate, FTX, Sam Bankman-Fried, Do Kwon and Terra, and there are so many other facts that can impact the crypto market. BTC and Bitcoin is the biggest crypto in the world. Can BTC stay above 19K this week? The price went below 20K today. What decision will Fed chair Jerome Powell and the Federal Reserve make this month? Elon Musk and Tesla will make a decision too. This week is a very important week in the stock market and crypto because we will see the unemployment rate and next week, we will have the CPI number and we will have the FOMC datat soon. Where will Bitcoin, BTC, Ethereum, Solana, ETH, XRP, Ripple go from here. Barry Silbert and Gray Scale also have some issues with GBTC, Grayscale.
Will the Federal Reserve raise the interest rate once again? What will be the interest rate this month. 25bps or 50bps. Tesla stocks and Apple stocks might get affected by NASDAQ composite index. NVIDIA and NVDA might also get an attention because of CHATGPT
Bitcoin price on Binance looks strong. CZ who is the CEO if Binance will make an announcement this week. Watch our live trading. We follow several indicators on the chart. Watch the BTC liquidations. Our Bitcoin liquidation map watch is very important for crypto and Bitcoin. Many investors and crypto traders get liquidated. We might have a recession this year but the inflation rate is also important.
Michael Saylor and his company Microstrategy just bought more Bitcoins. BItcoin and Ethereum ETH can go up. This year, many experts think that the economy might not look good and there could be a recession. How will the stock market react to Tesla and Bitcoin blockchain crypto prices. Our live bitcoin trading is important.
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