The Federal Reserve's June meeting minutes showed a divided stance on raising interest rates, with nine of 19 officials expecting at least one hike before the end of 2026. Inflation risks linked to tariffs, Middle East energy costs, and AI-driven demand for tech infrastructure remain high, prompting raised inflation forecasts for 2026 and 2027. Bitcoin fell about 2.8% to around $62,200 following the hawkish tone of the minutes, reflecting market sensitivity to rate hike expectations. The next Fed meeting on July 28-29 will be closely watched for further clues on monetary policy amid persistent inflation above the 2% target.
Former President Donald Trump expressed strong support for Bitcoin, calling it a powerful technology whose influence is underestimated. Speaking at the launch of Trump Accounts, he emphasized the strategic importance of the cryptocurrency industry in...
Most major cryptocurrencies, including Bitcoin and Ethereum, saw price declines of around 2-3% in recent trading. This broad sell-off reflects ongoing market volatility and investor caution amid uncertain economic conditions. Stablecoins remained ste...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines exceeding 3% in a recent market downturn. Bitcoin fell to around $62,020, while Ethereum dropped to approximately $1,730. This broad sell-of...
Bitcoin's price fell sharply by 3.5% to $61,481 due to escalating U.S.-Iran tensions and military exchanges, ending its July rally. This volatility erased $40 billion from bitcoin's market cap and triggered $372 million in total crypto liquidations, ...
Bitcoin fell 3.5% following President Trump's announcement to end the ceasefire with Iran and resume attacks, escalating geopolitical tensions. Rising oil prices due to potential blockades add inflation pressure, increasing the likelihood of Fed rate...
