Stocks Stumble, Bitcoin Follows

The heated stock market finally cooled after reaching multiple all-time highs, and bitcoin went down with it. Bitcoin Slips as Stock Markets Slide Stocks finally ended their record-breaking rally Tuesday morning as the S&P 500 and Nasdaq both fell 0.36% and 1.10% respectively. Bitcoin, which has been treading water for more than a week, also … Read more

Bitcoin Steady as Stocks Near Record High

The cryptocurrency has recovered from the tumble caused by the Middle East conflict nearly two weeks ago, but it’s been mostly flat since yesterday. BTC Mostly Flat as Stocks Soar The tech-focused Nasdaq index reached a record closing on Tuesday, rallying all the way to 22,190.52, and the S&P 500 is also hovering mere inches … Read more

Bitcoin Climbs After Powell Says Crypto ‘Is Becoming Much More Mainstream’

Powell made the remarks on Wednesday during his second day of testimony before the U.S. Senate’s Committee on Banking, Housing, and Urban Affairs. Bitcoin Rises as Powell Acknowledges Crypto’s Mainstream Adoption U.S. Federal Reserve Chairman Jerome Powell was on the hot seat for the second day in a row, this time in front of the … Read more

Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut

Waller made the comments on Friday during an interview with CNBC, just two days after the Federal Reserve voted to keep rates unchanged for the fourth time in a row. Waller’s Dovish Comments Lift Bitcoin, But Only Temporarily Perhaps U.S. President Donald Trump’s incessant name-calling has finally taken effect after Federal Reserve Governor Christopher Waller … Read more

Bitcoin Mostly Steady After Fed Leaves Rates Unchanged

The Fed’s decision didn’t significantly impact bitcoin’s price, but it will likely disappoint U.S. President Donald Trump who earlier in the day called Fed Chairman Jerome Powell “stupid” for not cutting rates. No Surprise, No Spike: BTC Relatively Flat Following Fed’s Decision to Maintain Rates The U.S. Federal Reserve, for the fourth time in a … Read more