U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%
U.S. inflation data for September was released Thursday morning (Frank van Hulst/Unsplash)
Federal Reserve
Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
(sergeitokmakov/Pixabay)
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
The U.S. jobs report for September was released Friday morning (Unsplash)
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here’s a closer look at the factors driving their remarkable performance.
Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming
The Federal Open Market Committee (FOMC) will meet on Wednesday, September 18, for what can be the first interest rate … Continue reading
The post Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming appeared first on Finbold.
Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says
Bitcoin price on Sept. 13 (CoinDesk)
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.