U.S. March jobs smash expectations, with 178,000 added
Bitcoin continued to trade near the $67,000 level just following the strong report.
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Bitcoin continued to trade near the $67,000 level just following the strong report.
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
The crypto industry got a first look at legislative language that won’t allow rewards on stablecoin balances, and the approach is seen as restrictive.
The platform will end its rewards waves, offer optional fee refunds for certain traders and introduce 0% token trading fees for 60 days starting March 31 as it promotes its revamped marketplace.
Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.
Falling oil prices are helping, but a bounce seemed in the cards after some of the worst sentiment in bitcoin’s history.
Bessent said the U.S. Treasury Department will provide temporary authorization to allow countries to purchase Russian oil currently in transit.
It’s been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.
There was little sign over the weekend of any de-escalation in the war against Iran.
The outlook for the Fed grew cloudier on Friday, as the employment market weakened appreciably even as inflation could be worsening.