Search
+
    SEARCHED FOR:

    US BITCOIN STRATEGIC RESERVE

    Dollar gains traction as Fed speakers warn of risks from inflation

    The US dollar is holding onto gains following a stronger-than-expected inflation report. Federal Reserve comments indicate potential rate hikes to address ongoing inflation concerns. Market expectations are shifting, with traders anticipating a rate hike at the upcoming policy meeting. The yield on the US 10-year Treasury bond has also increased, reflecting market sentiments. Cryptocurrencies like bitcoin and ether are trading near three-month lows amidst these developments.

    Bitcoin price today: Why BTC USD fell near $73,000 after US CPI report and could it crash to $70,000 next?

    Bitcoin price today after CPI report: BTC USD slipped towards $73,000 after hotter-than-expected US inflation data revived fears of a bigger Federal Reserve rate hike in December. With Bitcoin funds seeing billions of dollars in withdrawals, traders are watching whether BTC can hold $73,000 or face another decline towards $70,000.

    Bitcoin drops below $75,000 as strong US jobs data and ETF outflows weigh on crypto markets

    The price of Bitcoin has recently fallen under $75,000, as strong US job data signals potential tightening of monetary policies. Trading at $74,796, Bitcoin is dealing with considerable strain from ETF outflows and liquidations. Analysts predict that regaining the $76,000 threshold could enhance its prospects. Additionally, Ethereum is under pressure, requiring a rise above $2,230 to gain any positive traction in the current volatile cryptocurrency market.

    Bitcoin price prediction: BTC USD could crash to $68,000 before recovery - here's what analysts expect

    Bitcoin price prediction: BTC USD is struggling to recover after briefly falling below $75,000, with analysts warning that another decline could come before a sustained rebound. While some see potential downside towards $73,400, a more bearish forecast points to $68,000. Spot Bitcoin ETF outflows have added to market pressure.

    Bitcoin-BTC, Ether Prices crash to lowest since August: Why are Cryptocurrencies down?

    Bitcoin-BTC, Ether and Cryptocurrencies were down after US midterm election results stoked fears that a Democratic Party-controlled US Congress will toughen regulation on the asset class.

    Bitcoin trades near $75,000 as ETF outflows and US monetary tightening fears weigh on crypto sentiment

    Bitcoin's value hovers around $75,000 as ETF outflows take a toll on investor confidence. Similarly, Ethereum struggles near $2,140 after falling past vital support thresholds. Emerging data shows a notable decline in institutional investment in both cryptocurrencies. Analysts stress that identifying the next pivotal support levels for Bitcoin and Ethereum is crucial for their potential rebound. Overall, the crypto market is now valued at $2.53 trillion, reflecting these shifts.

    The Economic Times
    BACK TO TOP