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Bitcoin price slips from $58K as US PPI, jobless claims surprise
12.9.2024
Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast
Goldman Sachs Lowers US Recession Risk to 20%
19.8.2024
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession...
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
14.8.2024
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local...
Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
10.5.2024
With U.S. jobless claims soaring to their highest since August 2023, Bitcoin holds its bullish stance amid anticipations of an earlier Fed rate cut.
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Bitcoin price buys time at $61K as US jobless claims hit 9-month highs
9.5.2024
Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims
Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases
31.7.2023
Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for central bankers and other inflation watchers
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
17.7.2023
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
20.1.2022
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects...
Is Scam Selling Suppressing the Price of Bitcoin?
25.6.2020
Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever
6 Things Jobless Claims Tell Us About the State of the Real Economy
18.6.2020
Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm