BREAKING
145d 15h ago

BlockBeats: Trump-Backed Fed Nominee Michelle Opposes FOMC Decision, Urges 50bps Cut — What It Means for Bitcoin

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reported on September 18 that, according to the Federal Reserve FOMC statement, newly appointed Board member Michelle — supported by former President Trump — registered a formal dissent, arguing the committee should implement a 50 basis point rate cut. Her position reflects a preference for a more accommodative monetary policy approach to address evolving macroeconomic considerations, whereas the FOMC statement indicates the majority opted to retain current interest rate settings. Market participants will track future voting patterns and official communications, but the public record confirms a solitary dissent without changing the committee’s consensus at this meeting.

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