Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course.
Bitcoin cae por debajo de $21K tras los comentarios de Powell sobre medidas de ajuste monetario
El presidente de la Reserva Federal de los Estados Unidos dijo que los hogares y las empresas deberían prepararse para meses difíciles mientras el banco central trabaja para reducir la inflación.
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.
In Defense of Crypto Speculation
Crypto needs speculation. The higher it is, the greater the potential for disruption.
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
The latest price moves in crypto markets in context for Aug. 26, 2022.
Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.
First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Price Remains in Holding Pattern
Some miners are earning more by selling power capacity back to the grid than through mining bitcoin; crypto markets await Fed Chair Jerome Powell's Friday speech.
Hodlonaut: 'Very Confident' Ahead of Case Against Craig Wright
Hodlonaut, a prominent member of the Bitcoin community, will appear in a Norwegian court on Sept. 12 for a defamation case that began in March 2019 involving nChain Chief Scientist Craig Wright. Hodlonaut discusses what to expect, saying he's "very confident" about appearing in court and happy to start the process.
Bitcoin Forms Possible Bear Flag
Bitcoin seems to have formed a bear flag, a pause that often refreshes lower, marking continuation of the broader decline, according to CoinDesk’s Omkar Godbole. This would imply a continuation of the sell-off from $25,000 and expose lows under $18,000 registered in June.
