A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.
Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein
If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.
Bitcoin Bottom In? BTC Order Book Liquidity Says Yes
Liquidity both close to and further away from the going market rate has declined, hinting at an impending bull reversal.
Bitcoin 'Grossly Undervalued' at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week
The asset and broader crypto market tend to move on the release of U.S. economic figures and political developments.
Is Bitcoin Losing Its Bullish Momentum?
BTC's 200-day SMA is close to losing its bullish momentum. TradingView data shows that the gauge has averaged a daily increase of less than $50 since late August, well below the $200-plus moves seen earlier this year. The slump in variability is a sign the average has hit stall speed for the first time since October, indicating a pause or impending bearish trend change. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility
The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
The bitcoin price rose 1% just after the numbers hit, but remains lower by about 5% from one week ago.
First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
The latest price moves in crypto markets in context for Sept. 6, 2024.
