By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
44Leverage
  • Markets
    • Commodities News
    • Cryptocurrency News
    • ETFs news
    • Forex news
    • Indices News
    • Stocks News
    Markets
    Show More
    Top News
    Apple's Market Cap
    Apple’s Market Cap More Than the Russell 2000
    May 18, 2023
    Ethereum vs Bitcoin
    Ethereum vs Bitcoin? What should I buy in 2025?
    May 5, 2025
    Biggest Crash
    The Biggest Crash in the History of Mankind:
    May 15, 2023
    Latest News
    why is it important to also diversify your investments into different mutual funds?
    May 5, 2025
    Bitcoin vs Gold. Which one its worth more?
    May 5, 2025
    Ethereum vs Solana. Which one should I buy in 2025?
    May 5, 2025
    how to buy ethereum
    May 5, 2025
  • Learning
    • Learn Commodities
    • Learn Crypto
    • Learn Forex
    • Learn Indices
    • Learn Stocks
    Trading
    Learn Commodities

    Trading with $100. Is it possible?

    Welcome to our financial blog, where we share inspiring stories and valuable…

    By Radu M. 4 Min Read
    Secular Cycle
    Fundamental AnalysisIndices News
    Deciphering the Secular Cycle
    Trading
    Learn Commodities
    Trading with $100. Is it possible?
    Debt Ceiling
    Fundamental Analysis
    Debt Ceiling: Implications and Market Outlook
    Compound interest
    Learning
    Compound Interest and it’s magic
  • More
    • Search Page
Reading: Will Bitcoin Rally as Interest Rates Stay Steady?
Sign In
  • Join US
44Leverage44Leverage
Aa
  • Markets
  • Learning
Search
  • Categories
    • Markets
    • Learning
  • Bookmarks
  • More about 44Leverage
44Leverage
  • Markets
    • Commodities News
    • Cryptocurrency News
    • ETFs news
    • Forex news
    • Indices News
    • Stocks News
    Markets
    Show More
    Top News
    Apple's Market Cap
    Apple’s Market Cap More Than the Russell 2000
    May 18, 2023
    Ethereum vs Bitcoin
    Ethereum vs Bitcoin? What should I buy in 2025?
    May 5, 2025
    Biggest Crash
    The Biggest Crash in the History of Mankind:
    May 15, 2023
    Latest News
    why is it important to also diversify your investments into different mutual funds?
    May 5, 2025
    Bitcoin vs Gold. Which one its worth more?
    May 5, 2025
    Ethereum vs Solana. Which one should I buy in 2025?
    May 5, 2025
    how to buy ethereum
    May 5, 2025
  • Learning
    • Learn Commodities
    • Learn Crypto
    • Learn Forex
    • Learn Indices
    • Learn Stocks
    Trading
    Learn Commodities

    Trading with $100. Is it possible?

    Welcome to our financial blog, where we share inspiring stories and valuable…

    By Radu M. 4 Min Read
    Secular Cycle
    Fundamental AnalysisIndices News
    Deciphering the Secular Cycle
    Trading
    Learn Commodities
    Trading with $100. Is it possible?
    Debt Ceiling
    Fundamental Analysis
    Debt Ceiling: Implications and Market Outlook
    Compound interest
    Learning
    Compound Interest and it’s magic
  • More
    • Search Page
Reading: Will Bitcoin Rally as Interest Rates Stay Steady?
Sign In
  • Join US
Have an existing account? Sign In
Follow US
44Leverage . All Rights Reserved.
44Leverage > Markets > Cryptocurrency News > Will Bitcoin Rally as Interest Rates Stay Steady?
Cryptocurrency NewsMarkets

Will Bitcoin Rally as Interest Rates Stay Steady?

Radu M.
Last updated: 2023/05/14 at 4:29 PM
By Radu M. 2 Min Read
Share
bitcoin rally
bitcoin rally
SHARE

Bitcoin has the potential to rally in the coming months as interest rates stay steady. Historical data shows that when the FOMC last kept interest rates steady, Bitcoin’s value increased by more than 300%. As a result of the FOMC’s recent decision to keep interest rates steady, some analysts are predicting another surge in Bitcoin’s value.

For more information about Interest Rate check out this.

Bitcoin Rally

Source: TradingView

Bitcoin Rally says Balaji Srinivasan

Concerns about inflation are on the horizon, with hyperinflation predicted by some analysts. Balaji Srinivasan, a former Coinbase CTO, recently predicted that Bitcoin could reach $1 million in value within the next decade due to hyperinflation caused by governments printing money in response to the ongoing economic crisis.

Source: Forbes

This prediction could make Bitcoin an attractive investment option as a safe haven asset for investors looking to protect their wealth from inflation. Bitcoin has a finite supply of just 21 million coins, making it a rare and valuable asset.

I will take that bet.
You buy 1 BTC.
I will send $1M USD.
This is ~40:1 odds as 1 BTC is worth ~$26k.
The term is 90 days.
All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation.
If someone knows how to do this… https://t.co/hhPr522PQu pic.twitter.com/6Aav9KeJpe

— Balaji (@balajis) March 17, 2023

While some analysts are optimistic about Bitcoin’s prospects, others are more cautious. The same interest rate decision that some are citing as a reason for Bitcoin’s potential rally could also have negative implications for the cryptocurrency market as a whole.

According to the CME FedWatch Tool, the likelihood of a rate hike in the next few months is relatively low. While this could be seen as a positive for Bitcoin, it could also signal a broader economic slowdown that could impact the cryptocurrency market.

Source: FedWatch Tool by CME Group

In conclusion, the future of Bitcoin and the broader cryptocurrency market is uncertain. Investors should keep a close eye on this volatile and rapidly-evolving market. With interest rates staying steady for now, Bitcoin could rally, but there are no guarantees.

For more information about similar safe haven assets check out this.

You Might Also Like

why is it important to also diversify your investments into different mutual funds?

Bitcoin vs Gold. Which one its worth more?

Ethereum vs Solana. Which one should I buy in 2025?

how to buy ethereum

how to buy ethereum

 

 

TAGGED: Balaji Srinivasan, Bitcoin, CME FedWatch Tool, cryptocurrency market, economic crisis, finite supply, FOMC decision, hyperinflation, interest rates, investment, safe haven asset, surge in value, volatility
Radu M. April 26, 2023
Share This Article
Facebook Twitter Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Popular from 44Leverage

interest rates explained
Fundamental AnalysisLearning

Interest Rates and Their Impact

By Radu M. 4 Min Read
Relief Rally

Relief Rally: A Brief Overview

By Radu M.
why is it important to also diversify your investments into different mutual funds?
Cryptocurrency News

why is it important to also diversify your investments into different mutual funds?

By Johanne Josianne 3 Min Read
- Advertisement -
Ad image
Indices News

Federal Reserve Holds Rates, Stocks Soar

Federal Reserve Holds Interest Rates Steady Are you wondering what the future holds for the S&P500?…

By Radu M.
Indices News

Federal Reserve Holds Rates, Stocks Soar

Federal Reserve Holds Interest Rates Steady Are you wondering what the future holds for the S&P500?…

By Radu M.
Fundamental AnalysisLearning

Relief Rally: A Brief Overview

Relief Rally Definition Relief rally are sudden stock market surges after periods of uncertainty or downturns.…

By Radu M.
Fundamental AnalysisLearning

Interest Rates and Their Impact

Interest rates are a crucial part of our economy and impact our daily lives in various…

By Radu M.
Fundamental AnalysisLearning

Inflation and Your Finances

What is inflation? Inflation happens when prices for goods and services go up over time, which…

By Radu M.
44Leverage Logo
Latest news in financial markets explained. Economic Calendar/ Stocks/ Cryptocurrencies/ much more. We thrive to expand our roots to all types of markets

Disclaimer: The sole purpose of the data and content on 44leverage.com is education. Before making any financial decisions, you should conduct your own research as we do not offer financial advice. If you use our website or any of the information on it, you assume all risk for any harm that might result. These terms are accepted by you if you use our website.

Categories

  • Markets
    • Cryptocurrency News
    • Forex news
    • Commodities News
    • Indices News
    • Indices News
    • Stocks News
  • Learning
    • Indices News
    • Learn Commodities
    • Learn Crypto
    • Learn Forex
    • Learn Indices
    • Learn Stocks

Quick Links

  • Advertise with us
  • Newsletters

44Leverage . All Rights Reserved.

adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Register Lost your password?