30 Jul '16, 8pm

BTC/USD: Bitcoin Price Index Holds Steady as Market Searches for Direction - Economic Calendar

BTC/USD: Bitcoin Price Index Holds Steady as Market Searches for Direction - Economic Calendar

BTC/USD: Bitcoin Price Index Holds Steady as Market Searches for Direction July 30, 2016 19:50 GMT The value of bitcoin was little changed on Saturday, as investors remained on the sidelines following the Federal Reserve ’s decision to keep interest rates on hold. The BTC/USD traded within a narrow range Saturday. It was last down 0.1% at $656.23, according to CoinDesk. The bitcoin market has received little action since the Federal Reserve’s monetary policy announcement on Wednesday. The Fed held its benchmark interest rates at 0.5%, as expected, but indicated that “near-term risks to the economic outlook have diminished.” The market’s reading of the official statement was mixed, with the US dollar trading sharply in both directions before settling lower. The dollar would suffer a major selloff on Friday after the Commerce Department said second quarter GDP expanded just ...

Full article: http://www.economiccalendar.com/2016/07/30/btcusd-bitcoin...

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