Bitcoin Stalls After Mixed CPI Data

The market was waiting for a clear signal from Tuesday’s CPI report but despite no increase in overall prices, certain items saw inflation jump to a two-year high. Ambiguous CPI Figures Leave Bitcoin Flat The U.S. Department of Labor Statistics published its consumer price index (CPI) data for July on Tuesday, revealing lower-than-expected inflation for … Read more

Bitcoin Flat After Trump Rolls out Reciprocal Tariffs

Just minutes before midnight on Thursday, U.S. President Donald Trump ushered in his updated tariff policy, gleefully proclaiming, “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Bitcoin Shows Little Reaction to Trump’s New Trade Tariffs Call it tariff fatigue, but even after the Trump administration’s contentious trade … Read more

Bitcoin Jumps as Trump Prepares to Sign New Executive Order Allowing Crypto in 401(k)s

The executive order will allow cryptocurrencies and other alternative investments, such as private equity, to be held in U.S. retirement plans. Bitcoin Climbs as Trump Set to Greenlight Crypto in Retirement Plans U.S. President Donald Trump will sign an executive order on Thursday that paves the way for 401(k) retirement plans to hold alternative assets … Read more

Bitcoin Regains $115K as Markets Recover

An accumulation of small wins in the macroeconomic environment seems to have buoyed both stock and crypto markets. Market Rebound Pushes Bitcoin Back Above $115K Positive corporate earnings, favorable regulatory developments, and a $100 billion investment by Apple, all appear to have lifted stocks and crypto on Wednesday. Bitcoin, which had tumbled all the way … Read more

Bitcoin Drops Below $113K After Trump Announces New Tariffs

U.S. President Donald Trump announced new tariffs on pharmaceuticals and semiconductor chips on Tuesday morning during a CNBC interview. Trump Tariff Threat Shakes Crypto: Bitcoin Drops Below $113K Crypto and stock markets edged lower on Tuesday morning, with bitcoin ( BTC) dropping below $113K after U.S. President Donald Trump told CNBC that his administration will … Read more

Bitcoin and Stocks Tumble on Weak Jobs Data

Investors were left jaded as new U.S. employment data came in weaker than anticipated, with significant downward revisions to boot. Lackluster Jobs Data Sends Bitcoin and Wall Street into Red Territory A disappointing July jobs report with lower-than-expected employment numbers and drastic revisions of data from previous months plunged stock and crypto markets into a … Read more

Bitcoin Shrugs Off Brief Fed Panic

Most experts agreed that the U.S. Federal Reserve was going to once again leave interest rates untouched, but bitcoin still tumbled when the central bank published its official decision. BTC Brushes Off Fed Shock, Bounces Back There were few, if any, surprises at Fed Chair Jerome Powell’s press conference on Wednesday, but bitcoin still plummeted … Read more

Bitcoin Flat as Markets Await Fed Decision

The U.S. Federal Reserve is currently conducting its two-day meeting to determine the direction of the country’s interest rates. BTC Holds Steady Ahead of Critical Fed Interest Rate Decision Most experts are predicting the Fed will hold rates at the 4.25-4.50% level when central bank Chairman Jerome Powell emerges from the two-day Federal Open Market … Read more