Payrolls-Led Bitcoin, Ether Price Swoon Is ‘Buy the Dip’ Opportunity, Crypto Trading Firm Says
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.
Bitcoin
Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.
Opportunity? Bitcoin whales open ‘massive long positions’ at $69,000
With Bitcoin (BTC) failing to make notable moves in either direction, on-chain data suggests that investors might be anticipating a … Continue reading
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‘Other’ cryptocurrencies dominate market liquidations, $100 million losses
The cryptocurrency market liquidated over $345 million from trading positions in the last 24 hours. Surprisingly, $100 million were from … Continue reading
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.
U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Could Lift to $83K in the Coming Days, Analyst Says
The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
The firm currently holds 247 bitcoins and plans to expand its crypto treasury