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Markets
Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’
The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.
First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy
The latest price moves in crypto markets in context for July 28, 2022.
GDP Falls Further in Q2, Fueling Talk of a Recession
A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession.
Interest in Ether Options Rises to Record as Traders Bet on 'Merge'
"A few hedge fund names have been large buyers of the ETH calls," one trading firm noted.
Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks
With the Federal Reserve ditching forward guidance, data releases on GDP and inflation could inject more volatility into markets than ever.
Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount
Investors had already largely priced in the U.S. central bank’s 75-basis point hike.
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.
First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood's Ark Dumps Coinbase Shares
The latest price moves in crypto markets in context for July 27, 2022.
Market Wrap: Bitcoin Declines Further as Momentum Wanes
BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.
Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs
An anticipated interest rate hike seems to be overshadowing Merge optimism.
