In July 2026, Bitcoin and Ethereum posted strong gains of 9% and 20% respectively, while chip stocks fell sharply by 22%, reversing the year's earlier trend where AI stocks led gains and crypto lagged. The decline in semiconductors was driven by concerns over high valuations, shifting perceptions of Big Tech's AI spending, and competition from China. Meanwhile, crypto absorbed negative news but continued to rise, with Ethereum outperforming Bitcoin due to institutional demand and its perceived role as a cleaner crypto recovery play. The Federal Reserve's decision to hold rates steady added uncertainty for August, but crypto held firm. This divergence suggests crypto and AI equities are no longer moving in tandem, offering potential diversification but also new risks if semiconductor troubles deepen.
Economists expect the US economy to add about 53,000 to 56,000 jobs in August, a rebound from July's loss. The unemployment rate is forecasted to stay near 4.1%. This jobs report is crucial as it influences Federal Reserve decisions on interest rates...
Ethereum price recovered from about $2,370 to above $2,520 within 24 hours, rising nearly 6%. The rebound coincided with a broader crypto rally and easing expectations for US interest rate hikes. However, ETH faces strong resistance near $2,550, a le...
Ethereum surged about 5% to $2,508 on September 4, driven by easing US-Iran conflict concerns and reduced expectations for a Federal Reserve rate hike. Spot Ethereum ETFs in the US saw a sharp reversal with $141.39 million in inflows, led by BlackRoc...
An Ethereum whale sold 167,855 ETH worth about $408 million over five days, fully exiting its position. Despite this large sale, Ethereum's price recovered and traded above $2,500, gaining 4.3% in 24 hours. Meanwhile, Invesco ETF clients have continu...
Bitcoin and Ethereum are expected to see a strong fourth quarter with Bitcoin potentially reaching $150,000, according to Fundstrat's Tom Lee. He believes the crypto market turbulence from earlier in the year has ended, with key catalysts aligning fo...
