Three things dictated price action in financial markets last week, including reaching a trade deal between USA and Vietnam, positive US jobs data, and passing “the Big Beautiful Bill”. The recent appreciation of the U.S. dollar was driven by improving investor sentiment toward America’s trade outlook, supported by Friday’s robust …
Read More »Bitcoin Struggles as U.S. Trade Tariffs Loom and Rate Cut Bets Fade
Bitcoin prices steadied on Friday after a sharp reversal of recent gains, as traders focused on the impending rollout of U.S. President Donald Trump’s trade tariffs and the ongoing uncertainty surrounding interest rate cuts. Despite the earlier optimism, the market remains cautious ahead of the U.S. Independence Day holiday and …
Read More »Bitcoin and Cryptocurrencies Surge Amid Trade Optimism and Economic Data Anticipation
Bitcoin extended its gains on Thursday, building on the momentum from the prior session as improved sentiment in U.S. trade relations and broader risk appetite spurred positive price action. The cryptocurrency broke out of its typical $103,000 to $108,000 trading range, although market participants are still cautious ahead of crucial …
Read More »Explainer: Pi In Silent Battle for Crypto Payroll Supremacy
The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a cornerstone for practical applications like payroll systems, offering stability in a volatile market. Meanwhile, Pi Coin, a mobile-first cryptocurrency with a massive global community, is carving out its own niche, aiming to redefine digital transactions. As …
Read More »Bitcoin Struggles Within Range as Trade and Fiscal Uncertainty Weigh on Sentiment
Bitcoin experienced a slight dip on Wednesday, continuing its rangebound performance as persistent uncertainty around U.S. trade deals and the sweeping tax bill continued to dampen investor sentiment. The world’s largest cryptocurrency remained firmly within its established $103,000 to $108,000 trading range that has characterized much of June. At 01:14 …
Read More »Bitcoin Struggles Amid Risk-Off Sentiment and Trade Uncertainty
Bitcoin experienced a decline on Tuesday, extending its overnight losses as broader market sentiment soured due to growing uncertainty surrounding U.S. trade tariffs and the fiscal implications of President Donald Trump’s tax and spending cut bill. The world’s largest cryptocurrency fell 1.5%, trading at $106,811.6 by 01:39 ET (05:39 GMT), …
Read More »Bitcoin Rises Amid Optimism Over U.S. Trade Deals and Rate Cuts; Altcoins Lag Behind
Bitcoin rose on Monday, alongside broader cryptocurrency markets, as risk appetite surged with optimism over potential U.S. trade deals and growing expectations of interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency advanced by 1% to $108,358.7 by 01:10 ET (05:10 GMT), breaking out of the trading range …
Read More »Weekly Market Wrap: US Dollar Faces Turbulence Amid Mixed Signals
The US dollar experienced significant volatility last week, caught in a tug-of-war between positive and negative market forces. Support from Federal Reserve policymakers, led by Chair Jerome Powell, emphasized a cautious “wait-and-see” approach to interest rate cuts, bolstering the dollar. This stance was reinforced by stronger-than-expected consumer confidence, with the …
Read More »Bitcoin Rises Amid Institutional Demand; Ceasefire Boosts Risk Sentiment
Bitcoin showed some positive movement on Thursday, rising by 1.4% to $107,751.9 as risk appetite continued to benefit from the ongoing ceasefire between Israel and Iran, though it remained within a familiar trading range. The largest cryptocurrency’s price remained below its weekly high of over $108,000, signaling that while momentum …
Read More »Bitcoin Surges As Market Optimism Accelerates
For the third straight day, Bitcoin continues its climb, fueled by a wave of market optimism. This upswing is driven by easing geopolitical tensions in the Middle East and growing hopes for positive developments in U.S. trade relations with key partners. Bitcoin rose to $107,522 per unit, up from the …
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