Bitcoin fell to around $63,500 following July's Consumer Price Index data that matched analyst expectations, easing immediate concerns about Federal Reserve rate hikes but failing to boost crypto markets. The probability of a September Fed rate hike dropped from 46% to 38%, while gold gained 1.3%. South Korea's KOSPI index surged over 20% from its July low, confirming a bull market, driven by strong performances from Samsung and SK Hynix. AI-related stocks Super Micro Computer and CoreWeave each rose 19% after solid quarterly results. Investors now focus on upcoming key events like the Jackson Hole symposium and September inflation and employment reports for further market direction.
Bitcoin dropped nearly 3% from $81,340 to $78,915 following a stronger-than-expected US jobs report, which reduced chances of a Federal Reserve rate cut and increased the likelihood of a rate hike. Despite this pullback, Bitcoin has shown upward mome...
Dash surged 33.6% to $66.55, leading crypto gainers despite Bitcoin falling 1.2% to $79,716. The broader market showed mixed results with altcoins like NEAR also posting gains, while Bitcoin dominance remained high at 59.1%. The Fear and Greed Index ...
Bitcoin's price continues to follow its historical cycle pattern, with drawdowns becoming shallower and rallies smaller over time. Despite recurring claims that "this time is different," new buyers and institutional adoption have yet to break the lon...
Bitcoin fell below $80,000 following a stronger-than-expected U.S. jobs report showing 162,000 new jobs in August, far exceeding forecasts. This unexpected data shifted Federal Reserve rate hike odds to an even 50/50, increasing market uncertainty ah...
Bitcoin fell sharply to $78,442 on August 28, 2026, after Federal Reserve Chair Kevin Warsh dismissed recent soft inflation data and ended the Fed's forward guidance, causing markets to price in higher interest rates for longer. This hawkish stance i...
