Markets

Markets

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Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time

Increasing and elevated rates are headwinds for bitcoin, one researcher said.

Bitcoin has dropped below a trendline rising from July's lows. (TradingView)

Mercados

Cash-Backed HUSD Stablecoin Loses Peg, Drops to 92 Cents

The stablecoin is trading as low as 89 cents against USDC on Curve Finance.

HUSD has dropped below its 1:1 peg to the U.S. dollar. (Josh Appel/Unsplash)

Mercados

Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day

Traditional markets were mixed on sluggish July U.S. retail sales.

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Mercados

US Federal Reserve Minutes Show More Rate Hikes Coming, Concern About Stablecoin Risks

Bitcoin and other cryptocurrencies had little to no reaction to the central bank release.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Mercados

Why Bitcoin Traders Should Care About Double-Digit Inflation in UK

The Bank of England may raise interest rates more aggressively, which could result in a weaker dollar and higher prices in the U.S.

The Bank of England (Robert Bye/Unsplash)

Mercados

Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline

BTC declines for the third consecutive day on below-average volume.

BTC falls to its 20-day moving average. (Meg Boulden/Unsplash)

Mercados

Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery

The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.

Crypto Twitter is worried bitcoin's recent recovery may be fleeting. (jonas-svidras/Pixabay)

Mercados

First Mover Americas: BTC Dips Below $24K as Ether Holds Strength

The latest price moves in crypto markets in context for Aug. 16, 2022.

ETH is up, trading at around $1,900. (Vicky Sim/Unsplash)