{"id":7694,"date":"2022-08-31T11:47:22","date_gmt":"2022-08-31T11:47:22","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/08\/31\/fed-president-might-have-good-news-for-crypto-holders\/"},"modified":"2022-08-31T11:47:23","modified_gmt":"2022-08-31T11:47:23","slug":"fed-president-might-have-good-news-for-crypto-holders","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/08\/31\/fed-president-might-have-good-news-for-crypto-holders\/","title":{"rendered":"Fed President Might Have Good News For Crypto Holders"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/fed-president-might-have-good-news-for-crypto-holders\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><span style=\"font-weight: 400\">The crypto market has been struggling as a result of <a href=\"https:\/\/coingape.com\/powell-warns-of-impending-pain-bitcoin-ethereum-plummet\/\" target=\"_blank\" rel=\"noopener\">hawkish stance of the Fed<\/a>. Bitcoin fell under $20K earlier than climbing again up once more. Ethereum additionally confirmed sluggish progress. However, a key Fed official might need excellent news for the crypto neighborhood.<\/span><\/p>\n<div class=\"quads-location quads-ad90952 \" id=\"quads-ad90952\" style=\"float:none;margin:0px 0 0px 0;text-align:center;padding:0px 0 0px 0;\">\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=647x80;setID=509734\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"647\" height=\"80\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"647\" height=\"80\"\/><\/noscript><\/a>\n<\/div>\n<p><span style=\"font-weight: 400\">The president of the Atlanta Federal Reserve, Raphael Bostic, says that progress within the struggle in opposition to inflation can result in slowing rates of interest hike.<\/span><\/p>\n<h2><b>Crypto Market Await Next Hike<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The crypto market declined considerably as a result of aggressive stance of the Federal Reserve. The Federal Reserve is answerable for combating inflation within the United States. The Federal Reserve resorts to quantitative tightening and rate of interest hikes to fight excessive inflation ranges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The crypto market was apprehensive as historically dovish members took hawkish stances to struggle inflation. The crypto market collapsed when Fed chair Jerome Powell promised impending ache to households and companies in his Jackson Hole speech. Many consultants started to worry {that a} 100 foundation level rate of interest hike was unavoidable.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In mild of this, the feedback from Atlanta Fed\u2019s Bostic can convey excellent news to the crypto market. He reveals that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-30\/bostic-says-inflation-progress-could-allow-slowing-of-rate-hikes\" target=\"_blank\" rel=\"noopener\">cooling inflation<\/a> can lead him to assist rolling again the 75 bps hikes. He additionally reveals that the information over the summer time present \u201cglimmers of good news \u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <a href=\"https:\/\/coingape.com\/glossary\/consumer-price-index-cpi\/\" target=\"_blank\" rel=\"noopener\">Consumer Price Index<\/a> in August was lesser than anticipated. It was the primary signal of cooling inflation. The Personal Consumption Expenditure additionally bolstered the notion of cooling inflation. The crypto markets rallied strongly after each the reveals.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If the following knowledge additionally highlights the Fed\u2019s progress, a 50 bps hike could also be thought of.<\/span><\/p>\n<h2><b>When Is The Next FOMC Meeting<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The Federal Reserve decides on rate of interest hikes at FOMC conferences. The subsequent FOMC assembly is scheduled on September 20-21. The CME FedWatch Tool reveals a 72.5% likelihood of a 75 bps enhance and a 27.5% likelihood of a 50 bps hike.<\/span><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA120788\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nNidhish is a expertise fanatic, whose goal is to seek out elegant technical options to unravel a few of society&#8217;s largest points. He is a agency believer of decentralization and desires to work on the mainstream adoption of Blockchain. He can be huge into nearly each in style sports activities and likes to converse on all kinds of matters.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" src=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD120788\">\n<p> The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty on your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/fed-president-might-have-good-news-for-crypto-holders\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The crypto market has been struggling as a result of hawkish stance of the Fed. Bitcoin fell under $20K earlier than climbing again up once more. Ethereum additionally confirmed sluggish progress. However, a key Fed official might need excellent news for the crypto neighborhood. The president of the Atlanta Federal Reserve, Raphael Bostic, says [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[13],"tags":[24,899,300,796,628,2325],"class_list":["post-7694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","tag-crypto","tag-fed","tag-good","tag-holders","tag-news","tag-president","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/7694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=7694"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/7694\/revisions"}],"predecessor-version":[{"id":7695,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/7694\/revisions\/7695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/7696"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=7694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=7694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=7694"}],"curies":[{"name":"wp",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