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Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus expectation. Solana was in the red as well, as the token also hit a multi-month low. Shiba Inu (SHIB) … Read more
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. Go to Source Powered by WPeMatico
Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Go to Source Powered by WPeMatico
Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third … Read more
eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. Go to Source Powered by WPeMatico
BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance. Go to Source Powered by WPeMatico
Bitcoin and altcoins appear to be ignoring the headline of the U.S. dollar index soaring to a 20-year high as the British pound plummets to a record-low against DXY. Go to Source Powered by WPeMatico
Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days. Dogecoin, Shiba … Read more
Bitcoin and altcoins rallied ahead of the Fed’s rate hike decision, indicating that traders viewed the 0.75% rate hike as a “priced-in” event. Go to Source Powered by WPeMatico
Uncertainty over the Federal Reserve’s upcoming rate hike is keeping Bitcoin and altcoins under pressure. This could change if the expected 0.75% bps hike is selected. Go to Source Powered by WPeMatico
