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Cryptocurrency

Weekly market wrap: Powell’s statements in Jackson Hole into focus  

Throughout the last trading week, US dollar was a net loser amid improvement in risk appetite, increasing expectations of a rate cut by the Fed in September meeting, relative stability in prices, and fears of intervention in Fed’s policies. Although Trump-Putin summit in Alaska didn’t reach a peace deal in …

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Bitcoin Pulls Back from Record High as Hot U.S. PPI Data Tempers Fed Easing Bets

Bitcoin retreated on Friday, reversing from record highs above $124,000 as stronger-than-expected U.S. producer price data cooled expectations for aggressive Federal Reserve rate cuts next month. The world’s largest cryptocurrency fell 2.2% to $119,112.5 as of 02:04 ET (06:04 GMT), after touching an all-time high of $124,436.8 in the previous …

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Bitcoin Hits Record High Amid Rate Cut Bets and Corporate Buying; Ether Near 2021 High

Bitcoin surged to a record on Thursday, fueled by growing expectations of a September Federal Reserve interest rate cut and increased corporate buying. The world’s largest cryptocurrency briefly touched $124,436.8 before easing slightly to $123,164.1, up 3.2% by 00:47 ET (04:47 GMT). Corporate Interest and Rate Cut Optimism Drive BitcoinBitcoin’s …

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A New Chapter for Bitcoin: Institutional Investment Rises

The financial world is undergoing a seismic shift, with digital assets like Bitcoin and Ethereum evolving from niche technologies to integral components of institutional investment portfolios. This transformation is not a fleeting trend but a fundamental re-evaluation of value and risk, driven by a confluence of macroeconomic factors and market …

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Ether Nears Record Highs as Corporate Buying Surges

Ether surged sharply on Wednesday, approaching record highs amid growing corporate accumulation, mirroring strategies previously seen in Bitcoin. The world’s second-largest cryptocurrency rose as much as 8.5% to $4,683.0, nearing its $4,861 all-time high from November 2021. Corporate Ether AccumulationSeveral U.S.-listed firms announced plans to boost their Ether holdings this …

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Bitcoin Rises Amid Trump’s New Executive Order on Alternative Assets in 401(k)s

Bitcoin saw a 1.7% rise on Friday, extending its recent gains, after U.S. President Donald Trump signed an executive order aimed at allowing more alternative assets, including cryptocurrencies, to be used in 401(k) retirement accounts. The move boosted investor confidence in Bitcoin and other cryptocurrencies, as it opens up new …

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Bitcoin Struggles to Break Range Amid Tariff Concerns and Global Economic Jitters

Bitcoin remained largely unchanged on Thursday as broader cryptocurrency markets stayed within tight ranges, with uncertainty around U.S. trade tariffs and growing economic concerns dampening investor appetite. The world’s largest cryptocurrency gained just 0.3%, reaching $114,521.4 by 01:31 ET (05:31 GMT), but has largely remained stuck between $115,000 and $110,000 …

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Bitcoin Faces Pressure Amid U.S. Trade Uncertainty and Slowing Economic Growth

Bitcoin continued its downward trajectory on Wednesday, falling by 0.8% to $113,467.7 as uncertainty surrounding U.S. trade tariffs and economic slowdown weighed heavily on investor sentiment, keeping risk-driven assets under pressure. The cryptocurrency is lingering near a one-month low reached earlier in the week. Broader cryptocurrency markets mirrored Bitcoin’s decline, …

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