Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies. Go to Source
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Bitcoin price metrics align to project further upside for BTC
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs. Go to Source
3 reasons why Bitcoin (BTC) struggles to hold $64.5K
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment. Go to Source
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting. Go to Source
Bitcoin’s transformation from risk asset to digital gold hints at new all-time highs
Bitcoin price is being driven higher by a new set of bullish catalysts. Go to Source
Ethereum (ETH) price fails to rally in the face of good news — Here is why
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening. Go to Source
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget under pressure, however, there are indications that Beijing … Read more
