Bitcoin, ether, and other cryptocurrencies saw gains on Thursday morning, driven by increased liquidity and positive tariff news from the U.S.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin could climb to $125,000 in June if a soft U.S. jobs report fuels expectations of early Fed rate cuts, according to Bitfinex analysts.
As expected, the U.S. Federal Reserve left interest rates unchanged at a range between 4.25% and 4.50%.
Analysts said volatility could resurface this week after this week's decision on funding rates, which markets expect will stay the same.
Market jitters persisted ahead of President Trump's large-scale tariffs on "Liberation Day," throwing more uncertainty on seasonal Q2 price patterns.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As expected, the U.S. Federal Reserve left interest rates unchanged Wednesday at a range between 4.25% and 4.50%.
Wednesday's cooler-than-expected U.S. CPI inflation reading has strengthened the case for potential Federal Reserve rate cuts.
Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.
Standard Chartered attributes Bitcoin's recent downturn to broader equity market distress rather than cryptocurrency-specific issues.
Weaker-than-expected U.S. jobs growth in February could prompt a dovish pivot by the Federal Reserve, analysts said.
Bitcoin has posted slight gains over the past 24 hours as investors digest the Fed’s cautious stance on inflation and interest rate policy.
Bitcoin's market dominance is now above 60% as while Solana grapples with heightened volatility following the collapse of the Libra memecoin.
Bitcoin’s price remains volatile as institutional investors accumulate while retail traders remain bearish amid wider market uncertainty.
Standard Chartered sees current market conditions as supportive for bitcoin, as long as yields stay contained and the economy remains stable.
Crypto and wider market sentiment remains fragile ahead of the U.S. jobs report, QCP Capital analysts said.
While most analysts agree that tariffs are negative for crypto in the short term, some argue they could benefit the market longer term.
Standard Chartered see bitcoin reaching $130,000 in the next two months as institutional inflows accelerate and market sentiment shifts.
Bitcoin’s price traded flat on Wednesday afternoon after the Federal Reserve held interest rates steady at 4.25%-4.50%.
Bitcoin falls below $100,000 as China’s DeepSeek AI model disrupts equities and market uncertainty mounts ahead of the FOMC meeting.
BoJ's latest rate hike triggered a muted response from markets, with bitcoin holding steady and U.S. equities near all-time highs.