Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
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The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.
After Bitcoin (BTC) last week initiated a bullish streak that has led it to surpass an important psychological price level … Continue reading
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Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.
Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research’s Markus Thielen said.
Although Bitcoin (BTC) is back above the $44,500 price mark for the first time since the start of the exchange-traded … Continue reading
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BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.
All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.
Cryptocurrencies slid lower Monday with bbitcoin nearing $42K as soaring U.S. interest rates amid strong economic data, hawkish Powell weighed on prices.
Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he’s “cautiously long” amid the turmoil.