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Bitcoin Dips as Strong U.S. Jobs Data Dampens Fed Cuts
The employment market in the U.S. picked up steam in December, with 256,000 jobs added last month, according to the Bureau of Labor Statistics. Plus, insights into a head-and-shoulders bearish reversal pattern that could send bitcoin prices back to the mid-$70Ks. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Below $93K After $300B Wipeout
According to data tracked by TradingView, the crypto industry saw over $300 billion wiped out from the markets since Jan. 6, leaving bitcoin below $93,000 as of the U.S. morning hours. Plus, will the U.S. government liquidate $6.5 billion of BTC from the Silk Road seizure? CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Crypto Losses to Hacks Decreased by 17% in 2024 Compared to A Year Before
Data tracked by Immunefi shows that the Web3 ecosystem lost $1.49 billion to hacks in 2024, a 17% decrease compared to total losses in the year before. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Blood Bath Across Crypto Markets After Fed Decision
Bitcoin fell below the $100,000 level as the overall crypto market suffers a blood bath following the FOMC meeting. CoinDesk's Christine Lee discusses the state of the bull market on the "Chart of the Day."
Fed's Hawkish Outlook Plunges Bitcoin, Crypto Markets
Bitcoin price recovered from a dip below $100,000 Thursday morning in New York after the Federal Reserve announced its rate cut of 25 basis points. CoinDesk's Christine Lee breaks down what the Fed's hawkish outlook could mean for digital assets on the "Chart of the Day."
Bitcoin Price Retreats Ahead of Expected Fed Rate Cut
Bitcoin has retreated from its record high above $108,000, taking a breather from its bullish uptrend. This comes as the Federal Reserve is forecast to issue another rate cut Wednesday and potentially suggest fewer rates cuts than expected in 2025. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Spikes $108K Record Despite Cautious Options Data
Bitcoin continues to reach new lifetime highs but traders are not chasing the uptrend with the same zeal as before. Options data is signaling a more cautious outlook for the short term. CoinDesk's Christine Lee presents the "Chart of the Day."
Long-Term Holders, Fed Concerns Holding Back Bitcoin
Who is holding back bitcoin from conclusively breaking past $100K? How will bitcoin react to this week's expected Fed rate cuts? CoinDesk's Christine Lee presents the "Chart of the Day."
Bullish Signals Point to Another Bitcoin Price Explosion
CoinDesk's Christine Lee breaks down a few bullish signals for bitcoin as the cryptocurrency fights to sustain its milestone $2 trillion market cap and $100,000 price level. Watch the "Chart of the Day."
Fed Rate Cut Likely After In-line CPI Data; BTC, XRP Surge
Bitcoin climbed back above $100,000 and XRP surged following in-line U.S. inflation data. CoinDesk's Christine Lee presents the "Chart of the Day."
