Jocelyn Yang

Jocelyn Yang

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Markets

Bitcoin Edges Below $28K as Investors Eye U.S. Debt Ceiling Progress

Investors awaited a House vote on the debt limit deal, scheduled for Wednesday.

President Joe Biden(Getty Images)

Markets

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

Nearly 4 out of 5 traders now expect the U.S. central bank to pause its series of rate hikes at its upcoming June meeting.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

Markets

Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions

Early morning gains for the crypto were quickly erased in Thursday afternoon trading.

(Shutterstock)

Markets

Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations

Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

Markets

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

(Mohan Murugesan/Unsplash)

Markets

Crypto Investment Funds See Outflows for Fourth Consecutive Week

Bitcoin-related products accounted for $38 million of the $54 million in total outflows.

(CoinShares)

Markets

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

Bitcoin Dips Below $27K, Reversing Post-CPI Rally

The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.

Red arrows pointing down falling drop (Getty Images)

Markets

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading

Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

(Getty Images)

Finance

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

The company said the product’s payoff will depend on the joint performance of both BTC and the gold-backed token XAUT.

Ignoring regulatory issues could be the downfall of some Web3 dapps. (urfinguss/Getty Images)