Tag: Economic indicators
Bitcoin Bull Losing Steam Leads to Aussie-Yen Dip: Risk Aversion Ahead
Bitcoin's bullish momentum has hit a snag this week, mainly due to weaker demand in the United States. This has led to a dip...
Bitcoin Market Analysis: Predictive Patterns Hint at Recent Slide in Trump Media Shares
Bitcoin's price struggles to stay above $90,000, and experts are seeing patterns in the options market that resemble the recent slide in Trump media...
Bitcoin Price Analysis: First Mover Americas Holds Below $75K Pre U.S. Rate Cut
Bitcoin's price is currently trading at around $75,000, which is slightly lower than its recent all-time high of nearly $76,500. This slight dip comes...
Bitcoin Price Surges Past $67K, Dollar Index Falters: Beige Book Backs Fed Rate Cuts
Bitcoin has surged past $67,000 following the release of the Federal Reserve's Beige Book survey, which indicated a subdued economic outlook and increased the...
Bitcoin Price Surges to $61K in Americas Before September CPI Report
Bitcoin's price in the Americas surged to $61,000 before the September CPI report. Despite a slight dip to $60,300, Bitcoin recovered to $61,000, trading...
Bitcoin’s Correlation with Gold Strengthening During Economic Downturns
During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged...
Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn
Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of...
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive...
Optimizing Portfolio Allocation Amid Whales’ Rolling Window: Assassins and Rate Cuts
Investors are closely watching the US election and the potential impact it may have on interest rate cuts and liquidity. The recent assassination attempt...
Federal Reserve Boosts Balance Sheet Amid Rate Cut Speculation
The Federal Reserve's balance sheet has seen an increase of $2.6 billion, bringing it to $7.2 trillion. This rise comes amidst speculation about a...