Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high
Bitcoin keeps up the gains with U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell. Go to Source Powered by WPeMatico
Inflation
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Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K
Inflation undercuts expectations, but Bitcoin remains at risk of fallout from a risk asset “deflationary panic” in Q1 next year, one analyst warns. Go to Source Powered by WPeMatico
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world defined by a supply-based economy … Read more
‘Biggest week of the year’ — 5 things to know in Bitcoin this week
Bitcoin price action, sideways since FTX, could see snap volatility thanks to the “most important” CPI print of the year. Go to Source Powered by WPeMatico
What is stagflation, and how could it impact the cryptocurrency markets?
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn? Go to Source Powered by WPeMatico
‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week
Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts. Go to Source Powered by WPeMatico
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too “cocky” on Bitcoin. Go to Source Powered by WPeMatico
Blockchain-based fintech company prepares to enter $500B freight settlement market
Although rare, real-world blockchain utility does exist, now evidenced by one company’s efforts to reduce transactional fees in supply chains. Go to Source Powered by WPeMatico
Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’
Plenty of uncertainty about the future remains for the price of Bitcoin amid fresh signs that U.S. inflation is slowing. Go to Source Powered by WPeMatico
5 reasons 2023 will be a tough year for global markets
From inflation to energy shortages and general instability, markets are set for a turbulent year ahead. Go to Source Powered by WPeMatico
