Economic data


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Trump’s First Inflation Report Due as Risk investors Seek Signs of Cooling

Slower inflation could raise the chance of interest-rate cuts that might boost riskier assets such as cryptocurrencies.

February U.S. CPI report is due Wednesday. (geralt/Pixabay)

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Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations

Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.

Bitcoin (BTC) price on 01 07 (CoinDesk)

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U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.

The clouds are beginning to clear for the U.S. economy. (MabelAmber/Pixabay)

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It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted

Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.

BTCUSD chart (TradingView)

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US Jobs Report Shows Gain of 850K in June, Beating Estimates

The Labor Department also revised May's numbers up by 24,000.

US New Jobs

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Bitcoin Pares Losses as Fed’s Powell Sees No Rate Hike Anytime Soon

Federal Reserve Chair Jerome Powell assures markets that monetary policy will stay loose "as long as it takes."

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference, following the U.S. central bank's two-day meeting.

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