Week in Meme Coins: Meme Coins Fall After Fed Rate Cut, Pepe Website HackedFed cuts rates, BTC holds $90K, but meme coins? Not so lucky. Market cap dropped 9% to $40B while volume climbed 7% to $5.2B. The sector slipped from 6th to 14th on @DefiLlama’s narrative tracker as liquidity rotated elsewhere. Only 3 of the top 20 memes stayed green.Let's dive in! 🧵1/6 ...

The Fed cutting rates as expected yesterday, but markets read a hawkish cut as somewhat dovish. Steve Leeman joins us right now with more on that. And Steve, this was interesting to watch the market's reaction after hearing this and then hearing JPAL speak.>> That was the curious part of it. All went as expected except perhaps the curious market rally that came after. I'll talk about that in a second.The Fed followed through on an expected hawkish rate cut, reducing rates by a quarter point to the new range ...

>> GOOD MORNING. THIS IS BLOOMBERG DAYBREAK: EUROPE. HAPPY THURSDAY. I’M TOM MACKENZIE IN LONDON. THE STORIES THAT SET YOUR AGENDA. ASIA TECH STOCKS SELL OFF WHILE U.S. AND EUROPEAN FUTURES SLUMP AS DISAPPOINTING EARNINGS FROM A.I. BELLWETHER ORACLE UPEND POSITIVE SENTIMENT FOLLOWING ANOTHER FED CUT. UKRAINE SENDS A REVISED PEACE PLAN TO WASHINGTON AS PRESIDENT TRUMP SAYS STRONG WORDS WERE EXCHANGED IN A PHONE CALL WITH EUROPEAN LEADERS. PLUS THE U.S. SEIZES AN OIL TANKER OFF THE COAST OF VENEZUELA FURTHER ...

Copper rose toward a record high and other metals advanced after the Fed delivered a widely-expected rate cut and maintained the outlook for one more next year https://t.co/vXcxAVHgXm ...

Bitcoin Traders Bet on 2026 Boom, Not a Santa Rally, Following Fed Rate Cut► https://t.co/iBs2sOHRwC https://t.co/iBs2sOHRwC ...

Group 1 - The meeting was characterized by a focus on being "well positioned," suggesting a cautious but stable outlook from the Fed [1][2][5] - The Fed Chair expressed skepticism about the accuracy of monthly job gains, indicating a potential overstatement of 60,000 jobs, which could imply a more negative job report [2][6] - Inflationary risks were deemphasized, with the Fed Chair framing inflation as less of a concern and highlighting progress made in controlling it [3][4][5] Group 2 - The Fed has cut rates by 175 basis points since September, yet the 2-year Treasury yield remains unchanged, indicating a disconnect between Fed actions and market responses [6][8] - Despite the rate cuts, long-term interest rates, such as the 30-year Treasury, have increased by approximately 75 basis points, suggesting that lower Fed rates may not be beneficial for long-term rates [8][9] - The yield curve steepened following the Fed's cut, with the difference between 2-year and 30-year rates reaching about 124 basis points, indicating potential future increases in long-term interest rates [10]

Let's get to Bloomberg's Michael McKee with that Fed rate decision. The most divided Fed since before the pandemic voted to lower the benchmark rate by 25 basis points as investors expected. But there were three dissents for the first time since 2019.And on the dot plot, a total of six members of the committee suggested they were not in favor of lowering rates. There's also a hawkish line in the statement in considering the extent and timing of additional adjustments to the target range, bringing back langu ...

Bitcoin, Ethereum Waver as Fed Delivers Third Rate Cut► https://t.co/opXBGL3FC9 https://t.co/opXBGL3FC9 ...

The team at Morgan Stanley releasing their outlook for 2026, writing We raise our S&P 500 price target to 7800, driven by strong earnings growth. We believe that we're in the midst of a new bull market and earnings cycle, especially for many of the lagging areas. Michael Asset of Morgan Stanley joins me now.Wonderful to see you, Mike. Thanks, Alison. So let's start on the optimism you have and optimistic for quite a while talking about the rotation into the adopters, not just the tech behemoths.Why are you ...

Fed Rate Cut Signals Strategy Shift; Trump & Xi Ease Trade Tensions - Bloomberg Surveillance https://t.co/Jj7cE920Op ...