US August nonfarm payrolls rose by 162,000, nearly triple the expected 56,000, with strong wage growth keeping the Federal Reserve's September rate hike debate active. This stronger-than-expected jobs report caused Bitcoin to drop below $80,000 and gold prices to fall 1.75% shortly after the data release. The report also revised previous months' job numbers upward, weakening the case for an economic slowdown. Investors now await the upcoming consumer price index data on September 11, which could influence the Fed's decision on interest rates.
Bitcoin has maintained its price above $80,000 even as Brent crude oil prices surged past $100 due to renewed Middle East tensions. This resilience is notable given the $681 million weekly outflow from U.S. spot bitcoin ETFs, which signals weaker ins...
Monad (MON) surged 13.92% over the weekend, boosted by Bitcoin's bounce toward the $84k supply zone, lifting altcoins broadly. Despite this short-term rally, Monad struggles to break a key long-term resistance around $0.033, with some experts warning...
Willem Middelkoop explains that while central banks are buying gold at record levels, they avoid Bitcoin because they cannot control its price, supply, or market. In contrast, institutional investors, including Middelkoop's fund, are adopting Bitcoin...
Bitcoin (BTC) experienced a significant bullish crossover on its weekly chart as the 13-week exponential moving average surpassed the 34-week average for the first time in 3.5 years. This crossover, noted on October 12, 2026, indicates a potential up...
Bitcoin is trading near $84,000 as of October 12, recovering from a dip to $81,000 despite significant outflows of about $680 million from U.S. spot Bitcoin ETFs last week. This rebound occurs ahead of the key U.S. inflation report, which could influ...
