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Cryptocurrency markets are trading sideways today after Bitcoin and Ethereum prices struggled to hold support yesterday, dipping below the $20k and $1.1k levels. The release of CPI data showed rising inflation, and tech stocks tumbled yesterday, causing further market uncertainty. The good news is that stocks remained relatively steady yesterday, with the NASDAQ and S&P … Read more
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May’s CPI data would be the record peak. US … Read more
The verdict is out. The U.S. Bureau of Labor Statistics released this month’s CPI numbers for Jun 2022, and the data suggests the continuing rise of inflation with an overall increase of 9.1% before seasonal adjustment. While the stock market hasn’t opened yet, experts suggest that the market will continue to slide amid the latest … Read more
Bitcoin price dipped below $20k, while Ethereum’s price struggled to hold above the $1k level as the global cryptocurrency market fell by over 3% losing $50 billion in valuation on Monday. Ethereum Price Down 6.94% This week, the cryptocurrency market continues to struggle as significant digital assets like Ethereum are down almost 7%. The reason … Read more
Cryptocurrency markets are off to a relatively slow start this week, with Bitcoin down 3.44% and Ethereum price down 3% in the past 24 hours. BTC remains above the $20k support level, while ETH holds the $1.1k support level. The global cryptocurrency market is down 2.82% but remains above $915 trillion, signaling that the market … Read more
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles. Go to Source Powered by WPeMatico
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said. Go to Source Powered by WPeMatico
Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. Go to Source Powered by WPeMatico
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. Go to Source Powered by WPeMatico
The United States cryptocurrency exchange has seen its stock price plunge in lockstep with Bitcoin, Ether and the broader digital asset market. Go to Source Powered by WPeMatico
