Bitfinex: Bitcoin price supported by expectations of a softer Fed policy
Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.
The branch of economics studying the behavior and performance of an economy as a whole.
Bitfinex: Bitcoin price supported by expectations of a softer Fed policy
Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.
Fed Holds Key Rate; Bitcoin Reacts Tepidly
On November 1, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25% to 5.50%.
U.S. inflation slowdown stalls; Bitcoin volatility returns
US consumer price inflation in September rose 3.7% year over year, as in the previous month, beating forecasts of 3.6%. Bitcoin traded with mixed moves around $26,800.
BIS Develops Global System to Monitor Cryptocurrencies
The Bank for International Settlements (BIS) presented a proof of concept for a dynamic mapping system of the circulation of digital assets.
Experts flag strong prospects for further Bitcoin growth
September closed higher for the first time in eight years, fueling bullish sentiment for October, according to Bitfinex analysts.
Analysts weigh the odds of a fresh rally in the crypto market
QCP Capital: BTC rose by an astonishing 9% over the previous three days, offsetting the negative close of Q3 (-12%), but a retest of $25,000 cannot be ruled out.
Shutdown fears spur inflows into crypto funds
Fears of a possible US government shutdown spurred purchases of cryptocurrency investment products in the period from 23 to 29 September. Inflows totaled $21 million, according to CoinShares analysts.
Rising US government-bond yields dampen Bitcoin’s appeal
Since the start of the third quarter, the leading cryptocurrency and the S&P 500 have fallen by 14% and 3%, respectively. The reason lies in rising yields on risk-free U.S. government bonds, CoinDesk reports.
Fed Holds Key Rate; Bitcoin Slips Modestly
On September 20, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25–5.50%.
U.S. inflation accelerates; Bitcoin retreats on modest selling.
The core inflation rate in the United States slowed in August, from 4.7% to 4.3%, though above forecasts. Bitcoin retraced to around $26,000, giving back the day's gains.We use cookies to improve the quality of our service.
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