Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing
The U.S. inflation narrative shifts away from ease-of-control in what could further pressure risk asset performance.
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IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point…
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support.
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her…
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…
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below…
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000.
US stocks lose $1.25T in a day — more than entire crypto market cap
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy.
Into the Night: Markets Tremble as Powell Warns of “Pain” Ahead
Federal Reserve Chair Jerome Powell delivered an address this morning at the central banks annual Jackson Hole meeting in which he warned of tightening policies for some time. Risk markets...
3 reasons why the Bitcoin price bottom is not in
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead.
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