Markets
Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments
BTC remains resilient despite the challenging macroeconomic conditions.
Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says
The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.
First Mover Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike
The latest price moves in crypto markets in context for Sept. 8, 2022.
Ethereum Merge May Not Be Immediately Deflationary, Crypto Trading Firm QCP Says
While the Merge is likely to cause a reduction in ether's supply, making it a deflationary asset, low network usage may delay the expected bullish effect.
Bitcoin Rebounds Above $19K
The largest cryptocurrency in market value was trading at $19,350, although analysts remain skeptical of a longer-lasting rally.
Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest
While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.
Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin
Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.
Bitcoin Bets Look Bearish as Futures Trading Hits Record Level
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish.
First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds
The latest price moves in crypto markets in context for Sept. 7, 2022.
Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines
The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.
