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Bitcoin price has fallen more than 1% below $66,000 as renewed U.S.-Iran threats have lifted oil prices and increased expectations for another Federal Reserve rate hike this year. According to data from crypto.news, Bitcoin (BTC) price was trading near $65,700…
Markets
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index…
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Bitcoin has climbed back toward the $65,000 level after softer-than-expected U.S. inflation data sharply reduced market expectations of a Federal Reserve rate hike at the July policy meeting. According to the U.S. Bureau of Labor Statistics, the consumer price index…
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The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserve’s June Federal Open…
Markets
Bitcoin has held above $63,000 after last week’s macro-driven rebound, but traders are now weighing expectations of Federal Reserve rate cuts against rising geopolitical tensions and mounting technical resistance. According to data from crypto.news, Bitcoin (BTC) price traded around $63,100…
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Bitcoin has climbed back above $60,000 after Federal Reserve Chair Kevin Warsh declined to signal the direction of future interest rate decisions during an ECB policy discussion. According to data from crypto.news, Bitcoin (BTC) traded around $60,175 at the time…
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The U.S. Supreme Court has blocked President Donald Trump’s bid to remove Federal Reserve Governor Lisa Cook, preserving the Fed Board’s current balance as the administration continues pushing for lower interest rates. According to the Court’s 5-4 decision, the justices…
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Morgan Stanley has warned that the Federal Reserve could still be forced to raise interest rates this year under certain economic conditions, even as it maintains its forecast for unchanged policy. According to Morgan Stanley, its base-case forecast remains that…
Markets
Ethereum has extended its weekly decline as a multi-billion-dollar options expiry, institutional selling, and a hawkish Federal Reserve outlook have driven the token back toward its key $1,500 support. According to data from crypto.news, Ethereum (ETH) fell about 7% to…
Markets
Bitcoin price has retreated toward key support after progress in U.S.-Iran talks sparked a broad selloff across risk assets and accelerated liquidations in crypto markets. According to data from crypto.news, Bitcoin (BTC) price slid as much as 2.2% to an…
Markets
Bank of America has projected three Federal Reserve interest-rate hikes this year, adding to concerns that tighter monetary policy could create fresh pressure for Bitcoin and other risk assets. According to a Reuters report, Bank of America Global Research now…
Markets
Bitcoin has fallen to around $62,400 after a combination of options-expiry volatility, long liquidations, and renewed concerns over corporate Bitcoin selling weighed on sentiment across the crypto market. According to data from crypto.news, Bitcoin (BTC) fell nearly 3% over the…
Markets
Bitcoin has fallen nearly 3% toward $63,000 after stronger-than-expected U.S. labor market data reinforced the Federal Reserve’s hawkish outlook and reduced expectations for short-term rate cuts. According to U.S. Department of Labor data, initial jobless claims fell to 226,000 for…
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Kevin Warsh’s first FOMC meeting kept rates steady as the new Fed chair avoided rate-cut guidance, keeping crypto focused on inflation.
Markets
Bitcoin has fallen back toward the $64,000 level after the Federal Reserve adopted a hawkish policy stance, erasing a relief rally that had been fueled by easing Middle East tensions and renewed hopes for lower energy prices. According to crypto.news…
Markets
Bitcoin has fallen back toward $64,000 after a hawkish Federal Reserve outlook erased a relief rally driven by easing Middle East tensions, with traders now debating whether support near $64,000 can prevent a deeper retracement toward June lows. According to…