Prices

The U.S. Federal government will shut down at midnight if Republicans and Democrats are unable to agree on a budget. BTC Dips Under Shadow of U.S. Government Impasse U.S. Republicans and Democrats locked horns over the fiscal direction of the country on Tuesday, with no resolution in sight, even as the deadline to pass a … Read more

The cryptocurrency surged nearly 4% in a single day after floundering below $110K over the weekend. BTC and Bullion Rally: Bitcoin Hits $114K, Gold Sets 38th Record This Year Gold reached yet another all-time high for the 38th time this year alone, according to the Kobeissi Letter, after climbing to $3,830 on Monday. Digital gold … Read more

The cryptocurrency climbed to $110K after the U.S. Bureau of Economic Analysis published its personal consumption expenditures report on Friday. BTC Inches Upward After Tepid Inflation Report The Bureau of Economic Analysis released a relatively uneventful personal consumption expenditures (PCE) report on Friday, showing a 0.3% rise in prices for August, bringing the annual inflation … Read more

The U.S. central bank cut its target for the federal funds rate by 25 basis points on Wednesday for the first time this year. BTC Hits $117K Following Fed Interest Rate Decision Many were left puzzled when bitcoin ( BTC) dipped to $115K almost immediately after the U.S. Federal Reserve finally cut interest rates by … Read more

The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool … Read more

The twelve-member Federal Open Market Committee (FOMC) will hold its closed-door two-day interest rate meeting on Tuesday, emerging Wednesday afternoon. Market Awaits Fed Verdict, Bitcoin Holds Its Breath Monday saw the Nasdaq, S&P 500, and even gold hit all-time highs, but bitcoin has climbed up more cautiously as the crypto market braces for what may … Read more

Research from London-based Standard Chartered Bank shows that modified net asset values (mNAVs) for bitcoin treasury companies are trending downward. BTC Takes A Breather as DATs Struggle Michael Saylor’s Strategy (Nasdaq: MSTR) just announced another 525 bitcoin ( BTC) purchase on Monday, bringing the firm’s stash to 638,985 BTC, but MSTR’s mNAV dipped to 1.47. … Read more

All three major stock indices closed at record highs on Thursday afternoon and now on Friday, bitcoin is following suit. BTC Soars as Equities Peak A curious thing happened on Thursday. Inflation came in slightly hotter than expected after the Bureau of Labor Statistics reported an elevated Consumer Price Index (CPI), but it turns out … Read more

The Bureau of Labor Statistics published August’s Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced slightly hotter-than-expected inflation in its August Consumer Price Index (CPI) report. … Read more

The cryptocurrency was buoyed by an unexpected drop in wholesale inflation for the month of August as published by the Bureau of Labor Statistics. BTC Breaches $114,000 After PPI Report Economists were caught off guard on Wednesday morning when the Bureau of Labor Statistics (BLS) announced a 0.1% drop in the August Producer Price Index … Read more