Crypto markets have moved higher over the weekend with big gains for altcoins as Bitcoin pushed past $81,000 into new price discovery zones. Last week, two major catalysts kicked off the action with a sweeping victory for Donald Trump in the US presidential elections and the Federal Reserve cutting interest rates by a further 25 […]
Crypto markets have retreated over the weekend following a Bitcoin-powered rally last week, and more volatility is expected in the next several days. The US presidential election on Tuesday will cause short-term volatility as a Trump win is likely to be positive for crypto, while a Harris victory will have the opposite effect. In addition […]
Crypto markets have remained tightly range-bound over the weekend, with volatility declining, but that may be about to change. Retail sales and manufacturing reports are released this week. These are often used as indicators of economic conditions and potential changes in inflationary trends. “We now have the Fed, election, geopolitical tensions, and earnings in the spotlight,” commented […]
Crypto markets were retreating heavily during early Monday morning trading in Asia, how low they go may be influenced by this week’s economic events. There are eleven Federal Reserve speaker events this week and a raft of economic data that could set the scene for the final quarter as Q3 comes to a close. Economic […]
Crypto markets have held on to last week’s gains over the weekend following a boost from the Federal Reserve’s 0.5% interest rate cut. This week has a number of reports on consumer sentiment, gross domestic product, and more inflation data. “Expect more volatility and larger swings as markets shift attention to the next Fed meeting,” […]
It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%. As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum […]
BTC has gained almost 5% over the past 12 hours, topping $62,000 for the first time in more than three weeks. The asset climbed from an intraday low of $59,200 to tap $62,600 before retreating slightly during the Wednesday morning Asian trading session. In a post on X on Sept. 19, crypto analyst ‘Nebraskangooner’ called […]
As repeatedly said in the past few days, all financial markets, especially crypto, were focused on the FOMC meeting that took place on September 18 as the US central bank was expected to lower the interest rates for the first time in about four years. Once that came to fruition, markets went berserk, with massive […]
Bitcoin has been trading sideways since March, and the third quarter, especially September, has traditionally been a bearish period. With the month and quarter approaching the end, analysts are turning bullish again, predicting a long-awaited breakout for BTC and crypto markets. On Sept. 18, analyst ‘RamenPanda’ observed that markets have spent six months going sideways, […]
Bitcoin-skeptic Elizabeth Warren (D-Massachusetts) and other Democratic senators sent a letter to the Federal Reserve on Monday calling for far more aggressive rate cuts than the market expects. “We write today to urge the Federal Reserve (Fed) to cut the federal funds rate, currently at a two-decade-high of 5.3 percent, by 75 basis points (bps) […]