The U.S. Treasury Market is seeing its highest volatility in four months, which could affect the anticipated recovery in bitcoin prices. February’s inflation data showed softer-than-expected results, leading some analysts to predict that bitcoin could rise to $90,000 or more, up from its current $82,000. However, this potential upswing might progress slowly due to increased ...
Bitcoin has bounced back past $82,000 as of February 28, showing signs of recovery after dropping to lows around $78,197. Relief came after recent U.S. inflation data, specifically the Personal Consumption Expenditures (PCE) index, showed expected stability, which eased selling pressure. The latest figures indicated a slight decline in inflation, marking the first drop since ...
Bitcoin’s price is on the rise, but other cryptocurrencies like XRP are facing challenges. This uncertainty among crypto investors is largely due to anticipation of new inflation data that could influence the Federal Reserve’s plans on interest rates, possibly delaying cuts until 2025. As the Market awaits the January consumer price index report, set to ...
Bitcoin has once again surpassed the $100,000 mark, recently reaching an all-time high of $106,533. This surge is fueled by positive inflation data and growing enthusiasm around cryptocurrencies, especially in light of Donald Trump’s pro-crypto stance ahead of his inauguration. Investors seeking to benefit from this Bitcoin boom might consider stocks like Nvidia, Robinhood, Shopify, ...
Federal Reserve Governor Christopher Waller recently indicated that there may be multiple interest rate cuts in 2025 if inflation continues to decline, based on encouraging economic data. Following this news, Bitcoin’s price jumped above $99,000, with traders anticipating it could exceed the critical $100,000 mark. The Market is showing increased optimism, especially for altcoins like ...
As Asian markets open for the first full trading week of 2025, investors are keenly observing several developments. China’s currency and bond yields have sharply declined, raising concerns about the country’s economic outlook. Meanwhile, South Korea faces rising political tensions, and a major U.S.-Japanese corporate merger remains blocked. This week will also bring purchasing managers ...
As the first full trading week of 2025 begins, Asian markets are reacting to a drop in China’s currency and bond yields, alongside rising political tensions in South Korea and a stalled U.S.-Japanese corporate merger. Investors are also watching for purchasing managers index reports that will reveal how Asia’s major economies closed 2024. Despite a ...
Bitcoin has soared past the $100,000 mark following the release of November’s inflation data, which met expectations with a yearly increase of 2.7%. This has led many investors to speculate that the Federal Reserve may lower interest rates by 25 basis points soon. The overall cryptocurrency Market also surged by over 4%, with popular altcoins ...
