Bitcoin surged 6.8% to $82,200, its highest level since May, following dovish comments from Federal Reserve Governor Christopher Waller that reduced expectations of a September rate hike. This shift weakened the US dollar and boosted risk assets, lifting the total crypto market cap by 3.7% to $2.814 trillion. Other major cryptocurrencies like Ethereum and XRP also saw significant gains. Investors now await the US August jobs report, which could influence the Federal Reserve's next moves and market direction.
Bitcoin's price surged past $81,000, triggering $544.85 million in liquidations of leveraged crypto bets within 24 hours, mostly short positions worth $456.44 million. This rally coincided with a sharp drop in the US Dollar Index and a significant de...
Bitcoin surged to an intraday high of $82,108 before settling near $81,050, marking a 4.5% gain amid an ongoing rally. Despite this strong performance, Fidelity Digital Assets cautions that the rally alone does not confirm the end of the bear market....
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 weake...
The probability of a Federal Reserve rate hike in September has fallen to an even 50/50, down from 70% just a day earlier, according to CME's FedWatch tool. This shift coincides with Bitcoin rallying toward $82,000 as market expectations for aggressi...
Bitcoin rallied strongly in August, rising nearly 25%, but market sentiment remained weak and cautious. Traders are increasingly long on Bitcoin, expecting a breakout above $80k, yet technical signals and on-chain data suggest downside risks. Ethereu...
