Bitcoin Loses Footing as Price Slips Below $62K Threshold
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with…
Auto Added by WPeMatico
Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports
Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to…
Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts
Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic…
QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm…
Most fear since SVB collapse — 5 things to know in Bitcoin this week
Bitcoin traders are truly "spooked" and sentiment crashes harder than BTC price as the shake-up from last week's losses continues.
Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower
Precious metal markets have shuddered during the last few weeks, as gold’s price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18…
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the…
Why September is shaping up to be a potentially ugly month for Bitcoin price
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats.
Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech
Daily lows greet Bitcoin traders as markets await fresh macro cues from the Fed.
Bitcoin sits at range high as realized price sparks BTC ‘macro signal’
Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers.