Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs
Bitcoin, crypto and risk asset traders await dovish signals from Fed Chair Jerome Powell ahead of fresh CPI data later in the week. Go to Source Powered by WPeMatico
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BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week
Bitcoin charges above the $17,000 mark but misgivings remain among traders ahead of CPI, Fed comments and amid a brewing storm at Digital Currency Group. Go to Source Powered by WPeMatico
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy … Read more
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its macro bottom. Go to Source Powered by WPeMatico
Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high
Bitcoin keeps up the gains with U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell. Go to Source Powered by WPeMatico
Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K
Inflation undercuts expectations, but Bitcoin remains at risk of fallout from a risk asset “deflationary panic” in Q1 next year, one analyst warns. Go to Source Powered by WPeMatico
BTC price shakes off Binance ‘FUD’ as analysts eye Q1 2023 Bitcoin bottom
BTC price stability remains for the time being, but there’s plenty in store to “scare” Bitcoin traders. Go to Source Powered by WPeMatico
‘Biggest week of the year’ — 5 things to know in Bitcoin this week
Bitcoin price action, sideways since FTX, could see snap volatility thanks to the “most important” CPI print of the year. Go to Source Powered by WPeMatico
Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to pushing gold’s price up by … Read more
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar. Go to Source Powered by WPeMatico
