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Market News

Bitcoin Surges as Trump Aims to Ease Trade and Fed Reserve Tensions: What Investors Need to Know

Bitcoin’s value increased after US President Donald Trump confirmed that he would not remove Federal Reserve Chair Jerome Powell, calming fears about the central bank’s independence. The cryptocurrency saw a rise of about 3% and was trading at approximately $93,804. Smaller tokens like Ether, XRP, and Solana also gained. Bitcoin recently surpassed $90,000 for the ...

Market News

US Dollar Faces ‘No-Bid’ Situation: 5 Key Insights for Bitcoin Traders This Week

Bitcoin is showing strong potential for growth, approaching $88,000, as economic instability boosts its appeal. Despite a recent 3% price rise amid ongoing US-China trade tensions, traders remain skeptical about the sustainability of this uptick. Many are watching for confirmation of upward momentum, especially considering the low trading volumes over the weekend. Meanwhile, the US ...

Market News

Bitcoin Trades at $84,000 as Crypto Stocks Decline: Market Insights and Analysis

Bitcoin has recently bounced back, trading around $84,000 after dipping below $77,000 last week. This slight recovery is occurring amidst a drop in crypto trading volume, reflecting investors’ cautiousness due to trade uncertainties, particularly linked to President Trump’s tariff actions. Analysts from Oppenheimer noted that despite fears of a bear Market and recession, the recent ...

Market News

Kalshi Embraces Bitcoin Deposits to Attract Crypto-Native Users and Enhance Trading Experience

Kalshi, a prediction marketplace, has begun accepting Bitcoin deposits to attract crypto enthusiasts. The platform allows users to bet on events like elections and film ratings, with significant interest in Bitcoin’s price movements, generating $143 million in trading volume. Regulated by the CFTC, Kalshi offers around 50 crypto-related contracts, including predictions about Bitcoin’s future. Since ...

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