Bitcoin Battles Bears as Futures Market Shift Unfolds
Bitcoin price struggles as bears overtake bulls in futures markets. BTC must hold above $50,000 until the Sept. 18 Fed meeting to avoid more downside.
Bitcoin price struggles as bears overtake bulls in futures markets. BTC must hold above $50,000 until the Sept. 18 Fed meeting to avoid more downside.
The core U.S. inflation rate rose faster than expected in August, likely leading to a smaller Federal Reserve rate cut. Bitcoin's price slipped following the inflation report.
Bitcoin, Ethereum, and other major cryptocurrencies dip as US inflation slows to 2.5% in August, signaling a potential shift in the Fed's monetary policy.
Bitcoin briefly rallies before retracing losses, hitting new one-month lows below $55,000 as U.S. jobs data disappoints and Fed official suggests rate cuts.
As the Federal Reserve considers raising interest rates, cryptocurrency investors are bracing for potential market volatility.
The bitcoin price rose 1% after the U.S. job growth report, but remains lower by 5% from a week ago. The data likely sets the stage for a 25 basis point rate cut by the Federal Reserve.
The US Federal Reserve has issued a cease and desist order to United Texas Bank, citing significant deficiencies in its risk management and dealings with crypto clients.
Ether price continues to plunge as troubled investors worry about lack of spot inflows, declining network fees, and potential tech stock bubble bursting.
Bitcoin traders remain optimistic, with Tyr Capital's chief investment officer believing BTC is more likely to finish September above $60,000 than below, despite historical trends.
Bitcoin fails to halt a low-timeframe price decline as traders eye upcoming US jobs data, with warning of potential retest to $49.5K.