Key Highlights: Bitcoin surged near $87,000 early Monday, coming within approximately $500 of its eight-month high before pulling back below $86,000. Dogecoin (DOGE) outperformed major altcoins with a gain of over 3%, approaching 10 cents, while XRP, BNB, and ZEC gained 1% to 2%. Cooling macroeconomic metrics, including softer U.S. employment figures, have eased Federal ...
Key Highlights: Bitcoin has risen over the past month while gold has declined, despite their 90-day correlation approaching a record high. Coinbase Institutional said marginal investment demand is favoring Bitcoin even as interest rates remain elevated. Wintermute identified $82,500 as Bitcoin’s critical level this week after the cryptocurrency closed above its 50-week moving average for ...
Bitcoin started September on a weaker note, falling 1% to below $78,000 as the cryptocurrency entered what is commonly called “Rektember.” Since 2013, September has…
Expectations that the Federal Reserve could raise interest rates at its September meeting have increased sharply after cautious comments on inflation from Fed Chairman Kevin…
Bitcoin’s recovery from below $65,000 to above $81,000 has encountered its first major macroeconomic setback after Federal Reserve Chair Kevin Warsh delivered a hawkish message…