Bitcoin and Ethereum prices fell as strong US jobs data increased expectations for Federal Reserve rate hikes. Investors anticipate the US Consumer Price Index (CPI) to remain steady at 3.4%, while the European Central Bank (ECB) is expected to raise interest rates by 25 basis points on September 10. Despite inflation concerns, institutional demand for Bitcoin and Ethereum ETFs remains strong. Market watchers are closely monitoring these events as they could influence crypto price trends in the near term.
Bitcoin's weekly Super Trend indicator has turned bullish for the first time in months, signaling a shift from the recent downtrend to a more stable upward trend. This change coincides with the U.S. Treasury's announcement to double its long-end buyb...
Despite a recent price correction that pushed Bitcoin below $80,000, traders on the Kalshi platform remain optimistic, betting on Bitcoin reaching $85,000 by the end of September. This bullish sentiment follows a strong rally in August, with traders ...
Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability o...
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 ...
