BTC price wobbles on US PPI as Bitcoin futures open interest hits peak
Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat.
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USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a…
BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week
Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away.
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse,…
Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week,…
Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain.
Is it Bitcoin’s time to shine? British Pound drops to all-time low against the dollar
The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British Pound's weakness be a positive for Bitcoin.
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time,…
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
It's still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin.
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver…