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 ahead of the September meeting. A stronger jobs number could increase rate hike odds, pushing yields and the dollar higher and pressuring tech stocks and Bitcoin, while a weaker report might ease rate hike expectations and support risk assets. Bitcoin recently surged above $81,000 amid easing Fed hike fears, with Nasdaq futures also rising cautiously ahead of the report. The market is watching closely whether job growth is weak enough to calm the Fed but not so weak as to spark recession fears.
Bitcoin has maintained its price above $80,000 even as Brent crude oil prices surged past $100 due to renewed Middle East tensions. This resilience is notable given the $681 million weekly outflow from U.S. spot bitcoin ETFs, which signals weaker ins...
Monad (MON) surged 13.92% over the weekend, boosted by Bitcoin's bounce toward the $84k supply zone, lifting altcoins broadly. Despite this short-term rally, Monad struggles to break a key long-term resistance around $0.033, with some experts warning...
Willem Middelkoop explains that while central banks are buying gold at record levels, they avoid Bitcoin because they cannot control its price, supply, or market. In contrast, institutional investors, including Middelkoop's fund, are adopting Bitcoin...
Bitcoin (BTC) experienced a significant bullish crossover on its weekly chart as the 13-week exponential moving average surpassed the 34-week average for the first time in 3.5 years. This crossover, noted on October 12, 2026, indicates a potential up...
Bitcoin is trading near $84,000 as of October 12, recovering from a dip to $81,000 despite significant outflows of about $680 million from U.S. spot Bitcoin ETFs last week. This rebound occurs ahead of the key U.S. inflation report, which could influ...
