Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
Upcoming consumer price index and labor market data releases in the next few days could be key for what’s next for bitcoin’s price.
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Upcoming consumer price index and labor market data releases in the next few days could be key for what’s next for bitcoin’s price.
The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.
Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.
One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.
The latest in blockchain tech upgrades, funding announcements and deals. For the week of June 2, 2024.
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.