Bitcoin Inches Upward as Fed Interest Rate Decision Looms

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

Bitcoin Flat as Treasury Companies Stall

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

Bitcoin Rallies as Stocks Print Record Highs

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

Bitcoin Whipsaws After Consumer Inflation Comes in Slightly Hot

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

Bitcoin Hits $114K as Inflation Cools

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

Bitcoin Drops Back to $110K as Nearly a Million Jobs Vanish

The Bureau of Labor Statistics estimates that for the year ending March 2025, the U.S. economy added nearly a million jobs less than previously reported. Bombshell Jobs Data Revision Sends Bitcoin Down to $110K Nearly a million jobs, 911,000 to be exact, were subtracted from the Current Employment Statistics (CES) national benchmark after a preliminary … Read more

Bitcoin Tumbles to $110K Again After More Disappointing Jobs Data

A weak jobs report by the Bureau of Labor Statistics confirmed the gloomy employment outlook previously reported by human resources firm ADP. More Weak Jobs Data Triggers Second BTC Sell-off, Price Revisits $110K Just a day after New Jersey-based human resources giant ADP sent bitcoin ( BTC) below $110K with lower-than-expected private sector employment numbers, … Read more

Bitcoin Falls Below $110K After Disappointing Private Sector Employment Numbers

The increase in private sector jobs for August was significantly lower than what many economists had forecasted. Disappointing Private Sector Jobs Data Triggers BTC Slide Below $110K New Jersey-based human resources firm ADP reported an increase of 54,000 private sector U.S. jobs on Thursday, but that number is well below the 75,000 jobs economists were … Read more

BTC Climbs Above $112K as Trump-Backed American Bitcoin Debuts on Nasdaq

The firm is one of the many digital asset treasury companies following in the footsteps of Michael Saylor’s wildly successful Strategy. BTC Tops $112K as Trump Family’s American Bitcoin Hits Nasdaq The Trump family has once again doubled down on bitcoin, backing the latest digital asset treasury (DAT) firm to list on the Nasdaq on … Read more