Bitcoin (BTC) enters the new week with rare calm, even as macro forces loom that could define the market’s direction through the remainder of August. Despite low trading volumes characteristic of weekends, the pioneer crypto has exhibited low volatility Bitcoin Holds Steady as Fed Minutes and Jackson Hole Loom As of this writing, Bitcoin traded…
Bitcoin (BTC) price reacted to the US CPI (Consumer Price Index) data, which showed inflation came in below targets in July. This comes as US President Donald Trump’s tariffs continue to sting, and could put the Federal Reserve (Fed) in a bind. Inflation Rose at An Annual Rate of 2.7% in July, CPI Data Shows…
Bitcoin (BTC) price is attempting to reclaim its recent highs, foraying above the $122,000 threshold. However, whether the climb is sustained or breaks hinges on several US economic indicators that are due for announcement this week. With Bitcoin now in the hands of institutions just as much as it is accessible to retail, US economic…
Several US economic signals are in the pipeline this week, although not as hot as the ones witnessed in the past week. By frontrunning the following events, traders and investors can buffer their portfolios against sudden impact. Initial Jobless Claims This US economic signal, due every Thursday, will indicate the number of United States citizens…
As July ends, traders and investors will keep an eye on August. They will watch several US economic signals that could influence their portfolios. This week’s US economic signals are particularly important with Bitcoin (BTC) eyeing the $120,000 threshold. US Economic Indicators That Could Impact Bitcoin This Week The crypto market is up today, with…