Key Highlights: A weaker-than-expected September U.S. jobs report added just 29,000 positions, slashing market expectations for an October Federal Reserve interest rate hike from 64% to between 16% and 22%. Bitcoin trades approximately 8% above its early September dip, bolstered by $189.84 million in daily spot ETF net inflows and dual bullish golden crosses on ...
Key Highlights: Ecosystem expansions like DogeOS and Metallicus’s DogecoinVM are significantly enhancing Dogecoin’s developer tooling, speed, and interoperability. Dogecoin is approaching its first daily golden cross of 2026, a bullish technical indicator where the 50-day moving average converges with the 200-day moving average. Despite the technical momentum, DOGE recently pulled back to $0.093 amid broader ...
Bitcoin’s Daily Golden Cross Fails as Hawkish Fed Expectations Trigger Pullback Bitcoin’s brief daily golden cross collapsed Friday evening as the 50-day exponential moving average (EMA) slipped back below the 200-day EMA, reversing a bullish signal that had confirmed earlier in the session. The cryptocurrency retreated to $77,438 after reaching an intraday high near $79,837, ...
U.S. Inflation Data Delivers Mixed Signals as Core CPI Runs Hot The latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics gave markets a mixed bag on Friday. Headline inflation rose 3.4% year-over-year and 0.4% month-over-month, both matching consensus estimates and matching July’s annual pace. However, core CPI—which excludes food and energy—told ...
Cryptocurrency analyst Benjamin Cowen has warned investors that Bitcoin historically declines following a “Golden Cross” pattern, a technical formation typically interpreted as a bullish signal. Golden Cross Often Precedes Short-Term Pullback The Golden Cross occurs when the 50-day moving average crosses above the 200-day moving average. While technicians widely view this crossover as a long-term ...
Ethereum Price Analysis: ETH Breaks Out but Faces Critical Supply Zone Test Ethereum has traveled a significant distance from June’s $1,510 support level, where a double-bottom pattern initially formed. The subsequent rebound proved gradual, with the token contending with the pattern’s neckline from mid-July through mid-August. A decisive breakout finally arrived in late August, propelling ...