Auto Added by WPeMatico

Bitcoin Dumps to Monthly Lows on Hot Inflation Data and Warsh Comments: Weekly Crypto Recap

It was another eventful week in the financial markets, with all eyes turned to the inflation data from the CPI and PPI metrics released on Wednesday and Thursday. The readings…

Continue ReadingBitcoin Dumps to Monthly Lows on Hot Inflation Data and Warsh Comments: Weekly Crypto Recap

Fed Chair Warsh’s Bangkok Speech: 4 Key Takeaways and What They Mean for Bitcoin

Federal Reserve Chairman Kevin Warsh delivered one of the week’s most closely watched central-bank appearances on Friday morning, following the hotter-than-expected CPI and PPI reports from earlier this month that…

Continue ReadingFed Chair Warsh’s Bangkok Speech: 4 Key Takeaways and What They Mean for Bitcoin

6 Reasons Bitcoin Crashed by $7K in 3 Days: Bull Market Over or Regular Correction?

It was just several days ago, on Monday morning, when bitcoin last challenged the $87,000 resistance, with analysts outlining the next major targets of up to $92,000 if it fell.…

Continue Reading6 Reasons Bitcoin Crashed by $7K in 3 Days: Bull Market Over or Regular Correction?

What Could Decide Bitcoin’s Q4? The Fed, Bond Yields, and One Crucial Price Level

Bitcoin enters the final quarter of the year after a powerful recovery in the third quarter, but analysts warn against expecting another straight-line rally. Instead, they pointed to some key…

Continue ReadingWhat Could Decide Bitcoin’s Q4? The Fed, Bond Yields, and One Crucial Price Level

October Could Be Wild for Bitcoin: 5 Events Every Crypto Trader Should Watch

The next 28 days or so are packed with major macro catalysts that could reshape interest-rate expectations and inject fresh volatility into bitcoin and the broader crypto market. After the…

Continue ReadingOctober Could Be Wild for Bitcoin: 5 Events Every Crypto Trader Should Watch

Bitcoin Price Is up 13% Since the Rate Hike Trump Says the Fed Got Wrong

President Donald Trump told Time the Federal Reserve should not have raised interest rates, yet bitcoin’s price has climbed roughly 13% since the Sept. 16 hike he is complaining about.…

Continue ReadingBitcoin Price Is up 13% Since the Rate Hike Trump Says the Fed Got Wrong