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The declines came as the 10-year Treasury yield surged another nine basis points to a fresh 16-year high of 4.63%. Alongside the rise in interest rates, the price of oil was ahead by more than 3.5% to a new 2023 high of $93.53 per barrel. The term “stagflation” – suggesting
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Bitcoin (BTC) broke higher into the Sep. 27 Wall Street open as one analyst predicted a return to $30,000 in October.BTC/USD 1-hour chart. Source: TradingViewBTC price reaches for $27,000 in fresh uptickData from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls gathered steam to reach $26,823 on
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Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers. Source
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“The positive correlation between cryptocurrencies and the stock market is temporarily back on track,” shared Alex Kuptsikevich, the FxPro senior market analyst, in a note to CryptoX. “Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion.” Source
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The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sep. 29 could prove pivotal for the $26,000 support level. BTC price faces serious headwindsOn one side, Bitcoin's recognition in China appears to be strengthening, following a judicial report from a Shanghai Court that acknowledged digital currencies as unique
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"I am not sure if the world is prepared for 7%," said the JPMorgan CEO earlier Tuesday. Dimon noted that the rise in the U.S. Federal Reserve’s benchmark fed funds rate from 0%-2% was not a big deal and that the rise from 2% to the current 5.25%-5.50% caught a
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Bitcoin (BTC) hit intraday lows after the Sep. 26 Wall Street open as BTC price behavior shunned major volatility. BTC/USD 1-hour chart. Source: TradingViewBinance traders put up thin BTC price resistanceData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency acting in a tight range while keeping $26,000 as support.Bitcoin
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Bitcoin (BTC) exchanges have seen trading volume collapse as traders deal with constant macroeconomic uncertainty.According to new research from on-chain analytics platform CryptoQuant published on Sept. 25, daily BTC volumes are at lows rarely seen since 2018.Fed keeps Bitcoin investors wary of “possible recession”Bitcoin price action has stayed in a
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The strength in the United States dollar index could keep
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MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency.Michael Saylor, co-founder and executive chairman at MicroStrategy, took to X (formerly Twitter) on Sept. 25 to announce a 5,445 BTC purchase by
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