Federal Reserve Officials Raise 2021 Inflation Projection, Powell Addresses Asset Purchases
This was a significant increase from the 2.4% officials were predicting in March.
This was a significant increase from the 2.4% officials were predicting in March.
BTC faces slowing momentum as buyers struggled at resistance. Upside limited with lower support at $34K.
Wednesday's Fed policy statement is likely to see a binary market reaction.
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.
The results are up six percentage points from last month’s data, indicating sentiment on Wall Street has turned more bearish.
Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.
The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.
What is ethereum max? Here's what we found after some quick research into Kim K's new favorite (?) crypto.
The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.
However, the short-term trend is improving as the daily chart advances from oversold levels.
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.
Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.
Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.
The amount of money leaving was significantly less than the previous, record week of $141 million.
Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.
Bitcoin is attempting to break out of a monthslong range but faces resistance at $40K-$42K.
"Musk's latest tweet will put the juice to the upside," a market observer said.
This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.
Positive news from El Salvador couldn't completely overcome negative news out of China.
The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.
The long-term bullish bet is akin to buying a lottery ticket.
BTC held minor support along a series of lower price highs. Upside appears limited going into the weekend.
Sentiment may have turned a little too bearish, a feature that is often observed at market bottoms.
Meme stocks are rising as BTC stabilizes after a volatile May.
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
It's another sign of bitcoin's bearish trend.
Hut 8 will also retain its listing on the Toronto Stock Exchange.
The short-term trend is improving after a series of lower price highs since May.
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.