Recent US jobless claims dropped to 215,000, lower than the expected 225,000, indicating a stable labor Market despite tariff uncertainties. This data affects the economy and investor confidence, particularly in risk assets like Bitcoin. Federal Reserve Chair Jerome Powell indicated that the Fed will not intervene with Market bailouts or rate cuts soon, while the ...
This article is authored by a passionate Market analyst and content professional from a software company, focusing on the dynamics of company growth and long-term investment opportunities. With years of experience in studying capital markets, the writer shares insights without holding any financial positions in the mentioned companies. The article emphasizes personal opinions and acknowledges ...
Bitcoin analysts are closely monitoring its weekly closing price to predict its movement for the upcoming week. With mixed signals from global trade tensions and easing inflation, Bitcoin’s price trajectory remains uncertain. Analysts suggest that for Bitcoin to avoid a potential drop to $76,000, it needs to close above the key level of $85,000. While ...
The S&P 500 has officially entered correction territory, experiencing a 10% drop from its all-time high, and another decline of 10% would indicate a bear Market. Despite this, history shows that corrections of this nature are common, as seen during past economic events like the 2008 financial crisis and the Covid-19 pandemic. Bitcoin, which started ...
Following Donald Trump’s victory in early November, the initial excitement in the bitcoin Market has significantly diminished. This change is highlighted by a key financial indicator from CME bitcoin futures, which shows that the gap between short-term and next-month contracts has dropped to $495, down from a peak of $1,705 in December. Experts suggest this ...
Bitcoin’s price has slightly bounced back, trading above $80,000 after a nearly 3% drop. Institutional interest appears weak, with significant fund outflows noted. Upcoming US economic data releases could lead to more price fluctuations for Bitcoin. Meanwhile, Cardano has seen a slight recovery of 4%, now trading around $0.70, following a nearly 7% decline. On-chain ...
Bitcoin fell below $80,000 on Monday, marking a 5% decrease to $78,714.96, its lowest price since November. This decline was influenced by ongoing selling in the stock Market and mounting bearish sentiments. Crypto companies also faced losses, with Coinbase dropping 14% and Robinhood falling 17%. Bitcoin exchange-traded funds reported $867 million in outflows last week, ...
Bitcoin’s price is currently around $82,000, having dropped nearly 15% last week. This decline led to significant liquidations in the crypto Market, totaling $687.73 million just in the past 24 hours. A recent report from QCP Capital points to hackers from Bybit cashing out around $300 million of their stolen assets as a key factor ...
Bitcoin is facing a downturn as it approaches critical price levels this March, with analysts predicting a potential drop to around $78,000 after experiencing its worst weekly performance ever. As the Market shifts into a risk-off mode amid falling stock futures, traders are eyeing the significance of the $69,000 all-time high from 2021 as a ...
Bitcoin’s future could become more volatile if it ends the week below the critical $82,000 support level. Investor sentiment is currently low, following disappointment over President Trump’s recent executive order, which proposed creating a Bitcoin reserve from seized assets rather than acquiring new Bitcoin. Analysts from Bitfinex warn that without direct federal investment, Bitcoin’s price ...
