Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. Go to Source Powered by WPeMatico
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BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000. Go to Source Powered by WPeMatico
Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground
BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Go to Source Powered by WPeMatico
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of … Read more
Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally
The FOMC’s decision on Sept. 21 could cause traders to reduce their risk exposure, limiting the recent gains seen across the crypto market. Go to Source Powered by WPeMatico
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing
Buying the dip is essential for MicroStrategy as the company’s reserve of nearly 129,699 BTC currently suffers an aggregated value loss of over $1 billion. Go to Source Powered by WPeMatico
3 reasons why Bitcoin traders should be bullish on BTC
Timing the market bottom is impossible, but several technical and on-chain indicators suggest that it’s time to start accumulating Bitcoin. Go to Source Powered by WPeMatico
Bitcoin price cracks $21K as trader says BTC buy now ‘very compelling’
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open. Go to Source Powered by WPeMatico
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, … Read more
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets. Go to Source Powered by WPeMatico
