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Bitcoin made an impressive run after the U.S. Consumer Price Index report came as expected. But two more key events could add to the positive sentiment this week. Bitcoin (BTC) reached a new all-time high of over $93,400 hours after…
BTC
Bitcoin
Markets
Bitcoin almost hit the $90,000 mark earlier today and became the eighth-largest asset in the world. Bitcoin (BTC) reached an all-time high of $89,604 earlier today as the broader crypto market enjoyed impressive gains — the global crypto market cap…
BTC
Bitcoin
Markets
The cryptocurrency market shows signs of an incoming correction hours before the U.S. Consumer Price Index report is released. The global crypto market capitalization declined 3.3% in the past 24 hours, sitting at $2.22 trillion, per data from CoinGecko. The…
BTC
Bitcoin
Follow-up
Tether will release a documentary about USDT and its impact on the fight against inflation in honor of its tenth anniversary. The documentary “Stability and Freedom in Chaos” tells the story of how USDT has become “a lifeline” for those…
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With central banks around the world cutting interest rates and injecting stimulus, how can you position your portfolio to benefit from the resulting increase in liquidity? Read on. Macroeconomic triggers deepen Global liquidity is seeing a sharp increase as central…
BTC
Bitcoin
News
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…
BTC
Bitcoin
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Why did the Fed cut rates by 50 bps, the largest since 2020? What hidden dangers are they trying to prevent, and could this backfire on the economy? Fed drops a “bomb” On Sep. 18, the U.S. Federal Reserve made…
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With the FOMC meeting around the corner, could a rate cut provide the liquidity boost Bitcoin needs to rally, or will a smaller cut lead to market jitters? All eyes on FOMC meeting The Federal Open Market Committee is gearing…
BTC
Bitcoin
Markets
Bitcoin whales seem bullish with increased accumulation as the release of the U.S. Consumer Price Index data gets closer. According to data provided by IntoTheBlock, the number of whale transactions consisting of at least $100,000 worth of Bitcoin (BTC) surged…
BTC
Bitcoin
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Is Bitcoin on the verge of a major breakout, or will September’s economic indicators confirm the bearish sentiment that has kept the market in limbo for weeks? Bitcoin waiting for its next signal For the past few weeks, the crypto…
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Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen trade risks? A brief look at inflation figures Inflation is like the temperature in a room — too hot, and it’s uncomfortable; too cold,…
Markets
The Ondo Finance token retreated by over 6% on Tuesday as traders focused on the upcoming U.S. Consumer Price Index (CPI) data. Ondo (ONDO) was trading at $0.7345, down 50% from its highest point this year, bringing its market cap…
Markets
Cryptocurrency prices rose for the fourth consecutive day as concerns about a US recession faded after encouraging jobless claims data. It was a sea of green as Bitcoin (BTC) and most altcoins, which have risen by over 30% from their…
BTC
Bitcoin
News
U.S. macroeconomic uncertainty drove Bitcoin to a two-month low, but cooling inflation suggests that monetary policy may soon bolster the risk appetite.
Follow-up
Critical macro data were released in the United States at once, and the cryptocurrency market instantly responded to the latest reports. American authorities released several vital reports on June 12, including the Federal Reserve’s inflation data and interest rates. How…
News
Crypto markets jumped on June 12 after U.S. CPI numbers for May came in flat, fueling expectations for promising inflation data.
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