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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…
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support.
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…
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…
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 could well sink below the $20,000 mark again, traders warn, with price targets now as low as $16,000.
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy.
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...
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead.
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.