Tag Archives: Bitcoin

The USD/CAD pair finished the week lower around 1.3700 but far from the bottom. Next week, the key report from the Canadian economy will be February’s Consumer Price Index (CPI) on Tuesday. The kiwi was among the biggest gainers despite weak New Zealand Q4 GDP data. TheAUD/USD had the best …

At the time of writing, the price of one bitcoin is $26495. Bitcoin is on track for one of its largest weekly rises in recent memory, supported by bets on future interest rate reductions as the token weathers the financial sector’s turbulence.Since Monday, the biggest digital asset has increased by …

Bitcoin’s price movement and stock market performance have diverged as a result of the banking collapse and the turbulent events of the past week. Experts noted the split in Bitcoin and evaluated whether the asset would begin trading as a flight from danger.Before correcting to the $25,100 mark, the price …

Despite rising Treasury rates and CPI on Tuesday, the US dollar was unable to recover. Wall Street recovered and ended its five-day losing streak. The dollar continued to decline on Tuesday, although it managed to stay above Monday’s lows while remaining weak. The Nasdaq increased by more than 2%, while …

From 6.4% in February 2023, the Consumer Price Index decreased to 6.0% year over year. It is anticipated that following the next FOMC meeting, interest rates will rise by 25 basis points. The cryptocurrency market responded favourably to the inflation rate as the price of Bitcoin increased to trade at …

The ripple effect of the ongoing collapse in the US banking sector is expected to trigger a panic selling if Tuesday’s CPI reading in the United States comes in hotter than expected.ApeCoin and dYdX are two altcoins that are likely to face a massive selloff this week. Things are getting …

US stocks nosedived on Friday morning after the key jobs report (NFP Data) came in warmer than expected and jitters over troubles at Silicon Valley Bank continued to weigh on markets.The S&P 500 declined by 0.9%, while the Dow Jones Industrial Average edged down 0.5%. Contracts with the technology-heavy Nasdaq …

The dollar fell from the highest level in two and a half months against the yen on Friday and headed towards recording its first weekly loss since January against other major currencies as dealers try to determine the course of the Federal Reserve’s monetary policy. The yen, particularly sensitive to …

Bitcoin as well as other cryptocurrencies are down on Friday as a result of worries over Silvergate Capital, whose distress could have an adverse effect on how the market operates and the regulatory landscape.Over the past 24 hours, the price of Bitcoin has dropped 4% to around $22,350 before recovering …

Shanghai upgrade that will come in force as of Monday, February 28, is expected to make withdrawals of the staked Ethereum possible but on a test network. Ethereum is trading at 1660.20 at the time of writing versus the previous closing price at 1642.20.Some altcoins that could rally as a …