Bitcoin surged above $81,000 following comments from Federal Reserve governor Christopher Waller suggesting rates may stay unchanged if inflation data improves. This eased fears of another rate hike, causing US Treasury yields and the dollar to weaken, which boosted risk assets including Ethereum, XRP, and Solana. Crypto-linked stocks like Robinhood and Coinbase also rallied strongly. However, caution remains as ETF outflows and stablecoin stagnation suggest the rally may be driven by short-term trading rather than long-term demand. Upcoming US jobs and inflation data will be key to sustaining momentum.
Ethereum is gaining momentum as whales move $90 million from Bitcoin to Ethereum, signaling strong institutional interest despite a recent price dip. Social sentiment for ETH is highly optimistic, with bullish comments outnumbering bearish ones, whil...
US consumer prices increased 3.7% year-over-year in September, exceeding expectations due to a 9.1% jump in gasoline prices. This higher inflation raised the likelihood of a Federal Reserve rate hike in October from 22% to nearly 50%, pushing Treasur...
Bitcoin's price fell below $82,000 on October 14, experiencing a 1.4% decline over the past 24 hours. This drop reflects short-term volatility in the digital asset market. Investors should watch for further price movements as market conditions evolve...
Bitcoin fell more than 1% after the US Consumer Price Index (CPI) showed higher-than-expected inflation, with headline CPI rising to 3.6% YoY. This data increased expectations for a Federal Reserve interest rate hike in October, pushing the odds abov...
US inflation rose to 3.7% in September, driven mainly by a 9.1% jump in gasoline prices, marking the highest inflation rate in four months. This increase caused Bitcoin's price to drop about $1,000 below $83,000 and pushed Treasury yields higher as i...
