Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
MarketWrap Tuesday, June 15th Original Source
Read MoreMarketWrap Tuesday, June 15th Original Source
Read MoreAfter April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s
Read MoreThe flurry of investment came as bitcoin (BTC) dipped to as low as $25,892 on Thursday amid fears Luna Foundation Guard, the organization that was supposed to support UST in a crisis, might panic-sell its reserve of roughly 80,000 bitcoin. The price of bitcoin recovered most if its losses late
Read MoreDespite widespread losses being posted throughout the crypto market, Ethereum whales have been busy buying and selling Ether (ETH) at a rate not seen since January this year. According to data from Santiment, Ethereum whales made a total of 2,956 transactions, each valued at over $1M on Wednesday, marking the
Read MoreBitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k. Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021 As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp
Read MoreBy Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to look bullish from an on-chain perspective as whale holdings have risen to its highest since
Read MoreBitcoin (BTC) saw a brief boost on April 12 after the United States saw its highest Consumer Price Index (CPI) data since 1981.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Inflation echoes "mythical stories"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking $400 instantly as the data was released.The U.S. CPI
Read MoreBitcoin (BTC) neared new price lows for April on April 8's Wall Street open amid a fresh surge in the U.S. dollar.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$43,000 hangs in the balanceData from Cryptox Markets Pro and TradingView captured another day of gloom for BTC bulls as the largest cryptocurrency slipped
Read MoreBitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly close of key importanceData from Cryptox Markets Pro and TradingView showed BTC/USD grinding back to higher levels seen days previously after
Read MoreCME Bitcoin Futures Premium Hits Highest Since Early January Source
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