Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Go to Source Powered by WPeMatico
BTC
Auto Added by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news, hitting a six-week low. Bitcoin Bitcoin fell by … Read more
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is the largest hike in over twenty years. Bitcoin Bitcoin rose for a second consecutive session on Thursday, as bulls were buoyed by the … Read more
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
Crypto market correlation and Valkyrie’s Avalanche fund launch also helped push AVAX to a weekly high. Go to Source Powered by WPeMatico
Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
So far, so good for markets pricing in a 50-basis-point hike from the Fed, with Chair Jerome Powell still to speak. Go to Source Powered by WPeMatico
Ethereum eyes mini breakout above $3K as Coinbase ETH outflows hit new record
Macro headwinds continue to hamper Ethereum’s long-term upside prospects. Go to Source Powered by WPeMatico
Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition
Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley … Read more
Bitcoin funds saw largest single week of outflows since June 2021
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote. Go to Source Powered by WPeMatico
Bitcoin nervously awaits Fed as Paul Tudor Jones says ‘clearly don’t own’ stocks, bonds
“You can’t think of a worse macro environment” than right now, Tudor Jones tells mainstream media ahead of the Fed’s presumed rate hike confirmation. Go to Source Powered by WPeMatico
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin bears should get their wish, but may have to endure the pain of a new all-time high first. Go to Source Powered by WPeMatico