Category: Cryptocurrency news

What Will Happen to the Price of Bitcoin If the Fed Raises Interest Rates Next Week?

Crypto analyst Sherlock suggested that the probability of the Fed raising interest rates next week has risen to approximately 90%, which could create significant selling pressure on Bitcoin ($BTC). According to data shared by Sherlock, the probability of the Fed raising interest rates increased from 58.4% to 86.4% in just seven days. Following this development, […]

Morgan Stanley’s $50.6M BTC buying shields market – But rally to $82K has THIS hurdle

The institutional demand around Bitcoin strengthened as Morgan Stanley expanded MSBT holdings while ETF inflows remained positive. Reportedly, Morgan Stanley’s MSBT Bitcoin ETF received another 51.58 $BTC, valued at around $4 million, from Coinbase Prime. Notably, the latest transaction followed a series of transfers into the fund for the previous two weeks. Across these transfers, […]