2023-1-10 23:28 |
The BTC price rose to three-week highs ahead of a highly anticipated U.S. CPI report later this week.
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Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset.
2019-3-21 16:13 | |
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Bitcoin reclaimed $64,000 after U.S. inflation eased to 3.4% in July, while market leaders said the in-line reading left the Federal Reserve’s policy outlook largely unchanged. The U.S. Bureau of Labor Statistics reported on Aug. 12 that the Consumer Price…
Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U. S. economic problem while officials debate whether to raise rates from 3. 50%–3. 75%.
Arthur Hayes explains how a Fed plan to defend the yen could send new liquidity into the Bitcoin price. The post Arthur Hayes Says Fed’s Japan Yen Plan Will Pump Bitcoin appeared first on BeInCrypto.
Canada added 75,000 July jobs as the US shed 23,000. What the divergence means for Canada's crypto industry and Bitcoin. The post Canada Economy Just Outran America: Is Its Crypto Industry Next? appeared first on BeInCrypto.
June's weak jobs data lifted Bitcoin to $62,000. Here's why Friday's report could cut the other way this time. The post Weak June Jobs Data Lifted Bitcoin to $62,000. Will Friday Send BTC Tumbling? appeared first on BeInCrypto.
Cardano and Bittensor climbed on Wednesday as traders braced for the Federal Reserve’s interest rate decision, with prediction markets pricing a roughly 25% chance of a surprise hike. Both altcoins held firm while the broader market consolidated ahead of the announcement.
Bitcoin fell near $63,490 as Asian stocks slid, ETF flows weakened and traders prepared for the Fed, GDP and core PCE data.