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btc
Bitcoin Inches Higher After US Adds 315K Jobs in August
Bitcoin was rising Friday after the U.S. added 315,000 jobs in August and the unemployment rate rose to 3.7%. Path Trading Partners co-founder & Chief Market Strategist Bob Iaccino discusses what the Department of Labor’s latest economic data means for bitcoin (BTC) and the wider crypto market.
What’s Driving Bitcoin Below $20K?
Tactive Wealth Advisor Eddy Gifford discusses the potential factors driving bitcoin’s (BTC) price below the critical psychological level of $20,000, particularly concerns around the “very, very hawkish” monetary policy from the U.S. Federal Reserve. Plus, his take on how the upcoming Ethereum Merge might impact the wider crypto markets.
Bitcoin Exchange Inflows Rise
Centralized exchanges received more than 13,000 BTC on Wednesday, the highest daily net inflow since July 17, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
What to Watch in the Crypto Markets This Month
“First Mover” co-hosts Christine Lee and Lawrence Lewitinn discuss what to watch in the crypto markets in September, as investors eye the long-awaited Ethereum Merge. Plus, a closer look at why economic data in October could play a crucial role for bitcoin (BTC).
Bitcoin Struggles Around $20K Amid High Inflation
Bitcoin (BTC) holds above $20,000 after slipping below the threshold on Tuesday. Glen Goodman, eToro crypto consultant, shares his crypto outlook ahead of the Ethereum merge in September. Plus, insights into the correlation between cryptocurrency and Nasdaq.
Long-Dormant Bitcoin Appears to Have Moved in Past 24 Hours: Report
According to data from lookintobitcoin.com, over 5,000 bitcoin (BTC) that have been dormant for at least seven years moved in the past 24 hours. What are the potential impacts of the sudden movement? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Falls Under $20K Again; NY Fed President Expects Interest Rates to Stay High
Bitcoin (BTC) and ether (ETH) could be in turmoil as Glassnode’s open interest leverage ratio hits record high. Plus, New York Federal Reserve President John Williams expects interest rates to remain high until inflation eases.
Valkyrie CEO: Bitcoin 'Pretty Close' to Bottom
Steven McClurg, Valkyrie CIO & co-founder, discusses his outlook for bitcoin (BTC) as the cryptocurrency reacts to U.S. Federal Reserve Chair Jerome Powell's hawkish comments from the Jackson Hole Economic Symposium Friday and recovers above $20K. "We're pretty close to the bottom of bitcoin," McClurg said.
Bitcoin Under $21K After Powell's Hawkish Remarks; Analysts Trim Price Targets for Argo Blockchain
Bitcoin (BTC) dropped following Fed Chair Jerome Powell's hawkish speech at the annual Jackson Hole Economic Symposium. H.C. Wainwright and Jefferies analysts slashed their price targets for Argo Blockchain after disappointing guidance from the bitcoin miner's quarterly results. The wife of Alexey Pertsev, the web developer arrested in Amsterdam over alleged ties to sanctioned crypto mixer Tornado Cash, dismissed speculation her husband had links to the Russian secret service.
Bullish Signal for Crypto Ahead?
The Dollar Index might be forming a bearish double top on the weekly chart. If the dollar indeed drops, that could allow for a bounce in risk assets like bitcoin (BTC). “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.