By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$69,587.38 slipped back below $70,000 as war in the Middle East and U.S. inflation data due later today keep investors cautious. The latest failure to build momentum above $70,000 followed reports that Iran was laying mines along the already disrupted Strait of Hormuz, a major […]
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$113,974.60 is up around 1.4% in the past 24 hours as investors await key inflation data in the U.S., which could shape expectations for a much-discussed interest-rate cut by the Federal Reserve. Before that hits though, the European Central Bank announces its own interest-rate decision. […]
By Omkar Godbole (All times ET unless indicated otherwise) The recent TACO tease, implying “Trump Always Chickens Out” on tariffs, likely didn't go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing. On Friday, Trump said that on […]
By James Van Straten (All times ET unless indicated otherwise) Two contradictory philosophies jump to mind when considering bitcoin’s (BTC) price action of late. Do you “buy when there is blood in the streets”? Or perhaps “don’t catch a falling knife.”? Which applies in today’s market, the day after the largest cryptocurrency posted its steepest […]