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BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital
8.6.2024
Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days...
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
25.5.2024
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank...
Top Crypto Gainers Today on DEXScreener – EGOD, SMERF, HARAMBE
25.5.2024
As major cryptos remained stuck within recent ranges as traders digest Ethereum ETF approvals and hotter-than-expected US economic data released this week, traders are turning to the on-chain markets as they hunt for the top crypto gainers today.
The post Top Crypto Gainers Today on DEXScreener...
Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon?
24.5.2024
Bitcoin struggles at $67,824 amid strong US economic data, with investors eyeing Fed comments and upcoming reports for cues on a potential rally to $80K.
The post Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon? appeared first on Cryptonews
Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales Buying the Dip?
13.5.2024
The Solana (SOL) price has jumped back up to test $150 from earlier session lows under $140 amid a surge in trading volumes, as traders await a barrage of upcoming US economic data releases later in the week.
The post Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales...
Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe
13.5.2024
As cryptocurrency markets rebound ahead of a week packed with important US economic data releases, various meme coins are leading the pack, and might be the best crypto to buy now.
The post Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe appeared first on Cryptonews
Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows
10.5.2024
Bitcoin dips to $60,620 as U.S. economic data hints at possible Fed rate cuts, sparking a bullish sentiment in crypto markets.
The post Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows appeared first on Cryptonews
Best Crypto to Buy Now May 10 – Toncoin, Render
10.5.2024
With crypto having pulled back sharply in recent trade following US economic data that has reignited fears about stagflation, and in wake of hawkish commentary from Fed policymakers, traders are looking for altcoins with strong bullish momentum that might be the best crypto to buy now.
The post...
Bitcoin Price Tumbles Below $60,000 as ETF/Macro Headwinds Mount – Is the BTC Bull Market Over?
30.4.2024
The Bitcoin (BTC) price has tumbled more than 5% on Tuesday to below $60,000 following a disappointing first day of spot Bitcoin ETF trade in Hong Kong, and following fresh US economic data that points to sticky inflation and strengthens the argument that the Fed should wait before cutting interest...
Top Crypto Gainers Today on DEXScreener – SHIELD, INNO, DAMM
15.4.2024
With the bears back in control of the broader crypto market on Monday amid a continuation of concerns about the tense Iran/Israel situation, as well as regarding the latest strong US economic data which will likely on serve to further deter the Fed from cutting interest rates, crypto traders...
Best Crypto to Buy Now April 15 – CORE, NEO, PENDLE
15.4.2024
With cryptocurrency markets are choppy on Monday as traders weigh potentially easing geopolitical risks in the Middle East against another stronger-than-expected US economic data release, which has pushed traders further downsize bets on near-term rate cuts from the US Federal Reserve, crypto...
Truflation launches Stream Network with TRUF token, democratizing economic data
10.4.2024
Truflation delivers the Truflation Stream Network, booted by its conventional token, TRUF, accessible on prime international exchanges such as MEXC, Gate.io, and KuCoin. This will pave the way for democratizing finance and offering connectivity with on-chain financial and economic data. The TRUF...
Best Crypto to Buy Today April 5 – NEAR Protocol, Toncoin, Bitcoin Cash
5.4.2024
As major crypto prices chop within weekly ranges as traders contend with more strong US economic data and fresh hawkish commentary from Fed policymakers which has had the combined effect of pushing markets to downsize bets on Fed rate cuts in 2024, investors looking for fast returns continue...
Bitcoin Price Pushes Towards $42,000 as US Core PCE Inflation Data Eases – How High Can BTC Go?
26.1.2024
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023. US Core PCE Price Index figures showed YoY inflation falling to 2.9%, below the expected rate...
Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards
5.12.2023
Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international economist detailed, noting that U.S. economic data...
Asian Currencies Dip, Dollar Holds Steady Ahead of Busy Economic Data Period
4.12.2023
Several variables came together on Thursday to create uncertainty in the foreign exchange market, which led to the recent decline in Asian currencies. Significantly, the U.S. dollar’s rebound, propelled by better-than-expected retail sales figures, was a significant factor in the depreciation...
Bitcoin Bounces as US Jobs Market Slows – Where Next for the BTC Price?
3.11.2023
Economic data released earlier on Friday revealed a larger-than-expected slowdown in the US jobs market in October, triggering downside in US bond yields and a pump in the US stock market and price of Bitcoin (BTC), which was last around $34,600. The latest jobs report revealed that the...
Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs
30.10.2023
Ethereum once again rallied above the $1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting. Bitcoin continued to trade close to the $35,000 zone....
Biggest Movers: BCH Races to 2-Month High, SOL Nears $25
2.10.2023
Bitcoin cash rose to a multi-month high to start the week, as traders pushed the cryptocurrency above a key resistance level. The move came on the heels of the “Uptober” trend, and ahead of a big week of U.S. economic data, headlined by the nonfarm payrolls report. Solana rose to...
Bitcoin Price Prediction Amid Mining Challenges, Trading Lulls, and Upcoming Economic Data
29.8.2023
Bitcoin, the pioneering cryptocurrency, currently trades at $26,111, marking a modest increase of nearly 0.25% as of Tuesday.
This price movement unfolds against a backdrop of mounting challenges in the Bitcoin mining sector, where miners grapple with soaring difficulty levels and hash rates that...