Bitcoin Retreats as Inflation Climbs

Cracks in the U.S. economy from its aggressive tariff policies may finally be starting to show after inflation climbed 0.3% in June. Bitcoin tumbled on the news. Inflation Spikes and Bitcoin Loses Ground The impact of U.S. President Donald Trump’s tariffs may finally be showing after the U.S Bureau of Labor Statistics (BLS) reported on … Read more

Bitcoin Targets $120K as Stocks Tumble

The leading cryptocurrency went within striking distance of $119K early Friday morning. Meanwhile, Trump’s saber-rattling left stocks floundering. BTC Marches Towards $120K While Equities Struggle U.S. President Donald Trump upped the ante on Thursday evening, issuing a sternly worded tariff letter to Canada declaring a 35% tax on all Canadian goods entering the U.S. Stock … Read more

Bitcoin Breakout Leaves Short Sellers in Tatters

The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoin … Read more

Bitcoin Inches up as Inflation Fears Subside

Americans have virtually stopped worrying about tariff-induced inflation according to a monthly survey published by the New York Federal Reserve. BTC Edges Higher on Softer Inflation Expectations The New York Federal Reserve’s Survey of Consumer Expectations for June, published on Tuesday, shows that Americans expect inflation to be around 3% a year from now which … Read more

Bitcoin Seesaws as Stocks Slip

Bitcoin was up and down on Monday while stocks languished in the red, as U.S. President Donald Trump announced a new tariff deadline and Elon Musk launched a new political party. Stocks Dip, Bitcoin Bounces Stock markets bled on Monday after U.S. President Donald Trump extended his tariff deadline from July 9 to August 1. … Read more

Bitcoin Treads Water on Independence Day

The leading cryptocurrency has been stuck at the same price all week despite multiple macroeconomic events that many believe should have catalyzed positive price action. Fourth of July Lull: Bitcoin Shows Little Movement Traditional markets were closed for U.S. Independence Day, and although crypto markets never sleep, bitcoin ( BTC) appears to have been in … Read more

Bitcoin Steady as Stocks Rally After Upbeat Jobs Report

Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data. The economy … Read more

Bitcoin Steady as Stocks Rally After Upbeat Jobs Report

Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data. The economy … Read more