Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong gains in digital assets, with most cryptocurrencies, including Dogecoin and XRP, showing declines. Meanwhile, South Korea's KOSPI index entered a bull market, rising over 20% since July, and AI-focused tech stocks like Super Micro Computer and CoreWeave surged 19% on strong quarterly results. Investors are now watching upcoming economic events like the Jackson Hole symposium and September's employment and CPI 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...
