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News
On the chain: Bitcoin steadies near US$77,000 as traders await US inflation test
3+ day, 11+ hour ago (283+ words) Bitcoin edged higher in early trade on Friday but remained under pressure around the US$77,000 mark, with investors cautious ahead of crucial US inflation data that could shape next week’s Federal Reserve interest rate decision. The world's largest cryptocurrency was…...
On the Chain: Bitcoin slips below US$79,000 as rate fears return
5+ day, 12+ hour ago (635+ words) Bitcoin retreated below US$79,000 on Wednesday as investors reduced exposure to risk assets ahead of US inflation data and next week’s Federal Reserve interest-rate decision. The world’s largest cryptocurrency was trading at about US$78,751, down 0.7%, after moving between an intraday…...
On the Chain: Bitcoin holds near US$79,000 as rate fears temper crypto rally
6+ day, 12+ hour ago (323+ words) Bitcoin remained pinned around US$79,000 on Tuesday as cryptocurrency markets absorbed stronger-than-expected US employment data and the prospect that interest rates could remain higher for longer. The world's largest cryptocurrency was changing hands at roughly US$78,950, down around 1.4%, while Ethereum…...
On the Chain: Bitcoin holds around US$80,000 as ETF demand battles rate uncertainty
1+ week, 12+ hour ago (472+ words) Bitcoin was holding around the US$80,000 mark on Monday morning as cryptocurrency markets weighed strong institutional buying against renewed uncertainty over the path of US interest rates. The world's largest cryptocurrency was little changed over 24 hours after a volatile week…...
On the Chain: Bitcoin stalls near US$77,000 as rate fears test August rally
1+ week, 4+ day ago (383+ words) Bitcoin hovered around US$77,000 on Thursday morning as higher bond yields, elevated oil prices and growing expectations of another US interest rate rise tested the cryptocurrency's strong August rally. The world's largest cryptocurrency has retreated from above US$81,000 reached in…...
On the Chain: Bitcoin slips below US$77,000 as rate fears test powerful August rally
1+ week, 5+ day ago (425+ words) Bitcoin has retreated below US$77,000 as renewed concerns over US interest rates and rising oil prices put pressure on cryptocurrencies following their strong August run. The world’s largest cryptocurrency was trading around US$77,964, after briefly pushing above US$81,000 last week....
What do Bitcoin exchange-traded funds and increased institutional investment in crypto mean for the average investor?
2+ week, 2+ day ago (566+ words) Bitcoin ETFs and an increased level of institutional investment are having an increasing effect on the cryptocurrency market. Everyday investors are likely to find that cryptocurrency is more accessible and has a changed market dynamic since these changes. The writing…...
On the Chain: Bitcoin slips below US$79,000 as rally cools after US$81,000 test
2+ week, 5+ day ago (499+ words) Bitcoin has slipped back below US$79,000 after its rapid recovery ran into resistance above US$81,000, leaving traders to assess whether the latest surge marks the start of a more sustained crypto recovery or has simply moved too far too quickly....
On the Chain: Bitcoin eyes US$80,000 after biggest weekly dollar gain on record
2+ week, 6+ day ago (415+ words) Bitcoin is threatening to break through US$80,000 after recording its largest weekly dollar gain on record, as renewed institutional buying and a shift in US Treasury policy injected fresh momentum into crypto markets. Bitcoin was trading around US$78,700 early Tuesday,…...
On the Chain: Bitcoin holds above US$77,000 after explosive rally as ETF inflows surge
3+ week, 11+ hour ago (519+ words) Bitcoin is holding above US$77,000 after one of its strongest weekly rallies in years, with a sharp return of institutional buying, improving liquidity conditions and more favourable US regulatory signals combining to revive the broader cryptocurrency market. The world’s largest…...