U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada had investors rethinking expectations about Fed policy.
First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
The latest price moves in crypto markets in context for June 7, 2024.
Bitcoin Could Lift to $83K in the Coming Days, Analyst Says
The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.
Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
The firm currently holds 828 bitcoin and plans to expand its crypto treasury
Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software.
