Bitcoin Floats Around $110K as Traders Look Towards Friday Data for Upside
A weaker US jobs market has strengthened the case for easing, and investors are seeking protection in hard assets, some opine.
Fed
S&P 500 hits familiar post-election year slump; this chart suggests more pain ahead
The S&P 500 has slipped over the past four trading days, tracking a familiar late-summer dip in post-election years. Carson … Continue reading
The post S&P 500 hits familiar post-election year slump; this chart suggests more pain ahead appeared first on Finbold.
$7 billion wiped from XRP in a day
Though most discussed in the context of the staggering post-election rally, XRP’s most recent trend has been one of stagnation, … Continue reading
The post $7 billion wiped from XRP in a day appeared first on Finbold.
What Trump’s win means for FedNow and XRP’s future
Beneath the cryptocurrency market’s optimism that arose from Donald Trump’s re-election and the associated bull run, there is no shortage … Continue reading
The post What Trump’s win means for FedNow and XRP’s future appeared first on Finbold.
U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has ‘No Effect’ on Policy
Fed Chair Jerome Powell’s speech later today could shake up markets as he will face questions about the central bank’s outlook on monetary policy and inflation after Donald Trump’s decisive win of the U.S. presidential election.
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
Crypto for Advisors: Bitcoin’s Price
Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records.
Ether Leads Post-Fed Crypto Market Rally as Yen Weakness Sparks Risk-On Frenzy
From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC’s Bold Move
Ether Rebounds Off Key Support Signals Long Term Bullishness
Ether has bounced off its 200-week simple moving average, reinforcing long-term support.