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Bitcoin erases latest gains with BTC price back below $20K as dollar spikes

Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewJune lows look increasingly attractiveData from Cryptox Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with

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Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ – Bitcoin News

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said President Nana Akufo-Addo

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Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter

The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves

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Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Economics Bitcoin News

According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and non-alcoholic beverages were some of the product categories that contributed to the overall rate increase. Transportation Costs Rose

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