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.
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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.
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.
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.
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It’s been a rough August, with the world’s largest crypto set to close the month with a double-digit percentage loss.
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.
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 price on Aug. 29 (CoinDesk)
El Salvador now holds $400 million in its “public wallet alone,” President Nayib Bukele said in an interview with TIME.
A recap of the crypto market from August 11th to 17th.