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btc
Bitcoin Slips Below $20K as October Doldrums Continue
Bitcoin (BTC) has yet to find inspiration in what has historically been a strong month, trading flat at $19,300. Opimas CEO and founder Octavio Marenzi discusses his crypto outlook ahead of the CPI report this week. Plus, insights into the correlation between bitcoin and gold.
Argo Blockchain Raises $27M to Ease Liquidity Pressures; US Jobs Report Impact on Bitcoin
London-based bitcoin (BTC) miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor. Plus, the U.S. added 263,000 jobs in September, slightly more than expected but still reflecting a weakening labor market.
September US Jobs Growth Slightly More Than Expected; Bitcoin Slips From $20K
U.S. employers added 263,000 jobs in September, according to the Labor Department's late jobs report. That's slightly more than expected but still reflects a weakening labor market. Bitcoin (BTC) fell about 2% on the news. "The Hash" hosts discuss the latest job numbers and the revelations about the state of the economy.
Bitcoin Correlation to Both Risk-on and Risk-off Assets Rose in September
Bitcoin (BTC) has been trading within a $600 range while the token’s correlation with both risk-on and risk-off assets rose in September, according to Kraken Intelligence. Plus, insights on the quiet BTC whale activities in the past month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
October Gains in Bitcoin Erase September’s Loss
Despite ample turmoil in financial markets over the past couple months, bitcoin (BTC) is staying remarkably resilient. Bitcoin slid 2.5% in September, while it has climbed over 3% in October so far. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Hovers Around $20K as US Stock Futures Drop After 2 Days of Big Gains
Bitcoin (BTC) is hovering around $20,000 as investors grow optimistic about a Fed pivot narrative. Wave Financial Managing Director Nauman Sheikh says investors are “coming up with innovative ways to generate yield” in this flat market.
Consumers Are Holding Back: Arca Portfolio Manager
"There's more dollars in savings accounts than ever before from the consumer perspective," says Arca Portfolio Manager David Nage. He shares his markets analysis as bitcoin (BTC) gains momentum.
Grayscale Takes Over Key Role for Bitcoin Trust from Genesis; UN Agency Recession Risk Warning
A United Nations agency said Monday the Fed and other central banks risk pushing the global economy into recession if officials keep raising interest rates. Plus, Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit.
Bitcoin Sees No October Rise Just Yet
Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Remains Above $19K as Long-Term Holders Stay the Course
TheoTrade Co-founder Don Kaufman discusses his outlook for bitcoin (BTC) as the cryptocurrency remains above $19,000 and long-term holders stay the course, helping BTC to remain resilient as other risky assets fall.