The U.S. Bureau of Labour Statistics (BLS) is poised to release its January Nonfarm Payrolls (NFP) report, a critical economic indicator that provides insights into the health of the U.S. labour market. The consensus forecast anticipates an increase of around 170,000 jobs, following a 256,000 increase in December. This report …
Read More »
Bitcoin remained largely stable on Friday, reflecting muted risk appetite amid escalating trade tensions between the U.S. and China. Meanwhile, MicroStrategy (NASDAQ:MSTR) reported its fourth consecutive quarterly loss, though it continued expanding its Bitcoin holdings. Bitcoin Market Update Bitcoin (BTC/USD): $97,742.7 (-0.3%) as of 00:35 ET (05:35 GMT) Market Sentiment: …
Read More »
Bitcoin extended its losses on Wednesday, retreating below the critical $100,000 threshold as escalating U.S.-China trade tensions fueled investor caution and heightened global market volatility. As of 1:45 ET (06:55 GMT), Bitcoin (BTC) was down 1.8% at $97,601.8, failing to sustain gains after briefly surpassing the six-figure milestone in recent …
Read More »
Bitcoin and other major cryptocurrencies rebounded on Tuesday as markets welcomed U.S. President Donald Trump’s decision to delay new tariffs on Canada and Mexico, easing liquidity concerns and encouraging dip buying. Crypto Market Movements Bitcoin (BTC): +5.6% to $99,327.5 Briefly surged past $100,000 on Monday evening after the tariff delay. …
Read More »
Cryptocurrency markets tumbled sharply on Monday, as risk appetite took a hit following U.S. President Donald Trump’s decision to impose new trade tariffs on China, Canada, and Mexico. Market Impact: Bitcoin (BTC) plummeted 10% to $91,695.8 Ethereum (ETH) slumped 22.7% to $2,434.84 $TRUMP memecoin, launched by Trump in January, hit …
Read More »
US Dollar ended last week higher buoyed several market drivers, including concerns of Trump’s administration tariffs, Federal Reserve Bank rate decision and its chief Jerome Powell’s statements, and US data of inflation and spending. Such market drivers were impactful om the greenback and all other traded assets in global financial …
Read More »
Bitcoin edged lower on Friday, facing a muted weekly performance as investor sentiment remained cautious over U.S. trade tariffs under President Donald Trump. The market also awaited key PCE inflation data, which could shape expectations for Federal Reserve interest rate policy. Bitcoin (BTC) fell 1.1% to $104,379.6 by 00:33 ET …
Read More »
Bitcoin (BTC) experienced a notable price surge, exceeding $105,000, after the Federal Reserve opted to maintain its current interest rate levels. A significant catalyst for this upward movement was Federal Reserve Chairman Jerome Powell’s commentary regarding the role of banks in serving cryptocurrency clients.Powell’s Words and Market RepercussionsPowell stated that …
Read More »
Bitcoin dipped 0.5% to $102,140.0 by 08:14 ET (13:14 GMT) on Wednesday, as bargain buying failed to fully offset recent losses. Sentiment remained fragile amid uncertainty over U.S. trade policy, Federal Reserve rate decisions, and crypto regulations. Key Market Factors 1. Trump’s Trade and Crypto Policies Create Uncertainty The White …
Read More »
As the Federal Open Market Committee prepares to announce its January 2025 monetary policy decision, the financial world is watching closely. The Fed’s actions will hinge on the interplay of inflation, economic growth, and labour market dynamics, with global risks and fiscal policy adding further complexity. This decision comes at …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
