Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.
Markets
First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 2 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Key Week for Bitcoin and the Dollar Index
This week’s slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
Donald Trumps Harris on Polymarket Once Again
Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend.
Bitcoin Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September
Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S.
OKX Brings Update to Ease Bitcoin Arbitrage
The new offering allows traders of varied experience levels to maximized returns through market-neutral bets.
Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement
It’s been a rough August, with the world’s largest crypto set to close the month with a double-digit percentage loss.
First Mover Americas: BTC Little Changed, on Course to End August Down 8%
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses
Bitcoin price on Aug. 29 (CoinDesk)