Middle East Conflict Heats up and Bitcoin Drops, but Not by Much

Israel launched a pre-emptive attack on neighboring Iran late Thursday, triggering a retaliation on Friday. Markets tanked, but bitcoin’s dip wasn’t particularly dramatic, all things considered. Bitcoin Shows Resilience Despite Middle East Turmoil Israel sent 200 fighter jets to bomb various nuclear facilities in Iran on Thursday evening in an unprecedented pre-emptive attack that killed … Read more

Bitcoin Trades Sideways Despite Positive Inflation Data and Successful US-China Trade Deal

The cryptocurrency continued to hover just below $110K on Wednesday morning even as positive market data buoyed stock markets, before dipping below $109K later in the afternoon. BTC Holds Steady as Inflation Eases and US-China Trade Deal Boosts Market Sentiment A victory lap may be in the cards for the Trump administration as it successfully … Read more

Bitcoin Crosses $108K as Tariff Fears Subside

The New York Fed’s Survey of Consumer Expectations for May showed that Americans are becoming less worried about tariff-induced price inflation. With Tariff Tensions Easing, Bitcoin Soars Past $108K Americans are getting less worried about higher prices at the pump as qualms around the Trump administration tariffs fade. The Federal Reserve Bank of New York … Read more

Bitcoin Jumps Following Upbeat Jobs Report

Positive jobs data put the cryptocurrency back on a positive trend after the ongoing public spat between U.S. President Donald Trump and Tesla CEO Elon Musk sent markets tumbling. Strong Employment Figures Boost Bitcoin The U.S. Department of Labor published better than expected employment data on Friday morning sending both stock and crypto markets higher. … Read more

Bitcoin Stalls and Stocks Follow Suit

The cryptocurrency has traded mostly sideways all week, seemingly unmoved by key developments in the broader economy. Stocks Tread Water as Bitcoin Flatlines U.S. President Donald Trump announced that he had just finished a “very good phone call” with Chinese leader Xi Jinping on Thursday morning, initially sending stocks upward, but bitcoin ( BTC) barely … Read more

Bitcoin Trades Sideways After Trump Calls Out Powell, Again

U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhat … Read more