Bitcoin remained close to $78,000 on Tuesday, preserving much of its strong August performance despite rising oil prices and anticipation of a Federal Reserve rate
Tag: Federal Reserve
Bitcoin Faces Key Resistance as Fed Rate Hike Bets Rise Amid Geopolitical Volatility
Bitcoin remains under pressure near $86,000 as financial markets increasingly price in a 60% chance of a Federal Reserve rate hike in September, according to
Bitcoin Falls Below $78,000 Amid Higher-Than-Expected US PCE Inflation Data
Bitcoin (BTC) fell below $78,000 on Wednesday as investors reacted to US inflation data exceeding expectations, with the July Personal Consumption Expenditures (PCE) index rising
Bitcoin Surges to Multi-Month Highs Amid U.S. Treasury Buyback Announcements
Bitcoin (BTC) surged to multi-month highs on Monday, briefly reaching $81,000 before retreating, with the rally attributed to last week’s U.S. Treasury buyback announcement. The
US Treasury Issues Proposed Rules for GENIUS Act Implementation
The US Department of the Treasury has published a notice of proposed rulemaking to implement the GENIUS Act, a legislative framework designed to regulate payment
Bitcoin Hits August Highs Amid Weaker US Jobs Data
Bitcoin and global risk assets surged on Monday after US nonfarm payrolls fell by 23,000 in July, prompting investors to reassess Federal Reserve policy expectations.
Preferred Stocks Recover Amid Bitcoin Stabilization and Market Volatility
Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
Blockchain Association Seeks Supreme Court Review Over Fed’s Denial of Custodia Bank Access
The Blockchain Association has filed an amicus brief with the US Supreme Court, supporting Custodia Bank’s challenge to the Federal Reserve’s decision to deny it
Bitcoin Price Falls Despite US Inflation Data Matching Expectations
Bitcoin prices declined below $63,500 after the U.S. Consumer Price Index (CPI) inflation data matched expectations, while Fed rate hike odds cooled further as attention
July U.S. CPI Data Shapes Bitcoin Options Trading
The July consumer price index (CPI) data release, expected to shape market sentiment and financial markets’ reactions, has sparked increased activity in derivative contracts for
