U.S. Added 303K Jobs in March, Outpacing Expectations for 200K
The ETF-led bitcoin rally has stalled over the past month, at least in part thanks to economic indicators pointing to higher than expected interest rates.
Interest Rates
Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
U.S. economic data on Thursday has sent rates and the dollar higher.
Is the Fed’s anti-inflation policy working?
Since early 2022, the Federal Reserve has taken a hawkish approach to the United States economy. Thus, it has implemented … Continue reading
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U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
So far in 2024, bitcoin’s concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.
Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst
An interest rate cut isn’t likely on the table, but risk assets are doing just fine
U.S. Added 353K Jobs in January, Blowing Past Estimates
The latest update on the labor market came less than two days after the Fed’s Jerome Powell poured cold water on market hopes of a rate cut in March.
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.
U.S. 216K Jobs Adds in December Tops Estimates for 170K
The closely watched report
TradFi Goes All-In on Fed Rate Cuts. What It Means for Bitcoin
The Fed yesterday signaled that far easier monetary policy is in store for 2024.
Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024
The U.S central bank Wednesday left its benchmark fed funds at a range of 5.25%-5.50%.