Auto Added by WPeMatico

Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy.

Continue ReadingCrypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant…

Continue ReadingModel Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases

The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.

Continue ReadingBitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases