Breaking News: ECONOMIC INDICATORS – Market Insights, Analysis & Latest Updates

Bitcoin exchange depositing addresses at lowest level in years, indicating potential relief in selling pressure: CryptoQuant

Bitcoin exchange depositing addresses hit a multi-year low, suggesting reduced selling pressure but possibly also declining demand, while reserves on exchanges fell by over 15% this year.

theblock.co • 17/09/2024 - 16:17 PM

Bitcoin's stagnation, gold's record high reflect ongoing market caution: Bitfinex

Bitcoin has decoupled from gold, indicating a shift towards safe-haven assets as investor caution grows amid recessionary signals and anticipated interest rate cuts.

theblock.co • 16/09/2024 - 12:49 PM

Bitcoin volatile as the market awaits US employment data

Bitcoin experiences volatility as U.S. employment data release looms, with analysts predicting continued fluctuations amid potential interest rate cuts and significant ETF outflows.

theblock.co • 06/09/2024 - 12:18 PM

QCP Capital analysts forecast surge in near-term crypto market volatility

Analysts predict major cryptocurrencies like Bitcoin and Ether may experience heightened volatility, influenced by the upcoming U.S. presidential election and encouraging buying opportunities.

theblock.co • 04/09/2024 - 14:26 PM

Bitcoin perpetual futures reflect market pessimism as funding rates stay below neutral: K33 Research

The bitcoin perpetual futures market shows prolonged pessimism, but September could present buying opportunities for a Q4 recovery, despite current negative funding rates.

theblock.co • 04/09/2024 - 11:28 AM

Fed rate decision may briefly boost bitcoin, but recession fears could lead to correction: analysts

U.S. Federal Reserve's upcoming interest rate decision may impact bitcoin's volatility and value as recession concerns grow among analysts, predicting significant price fluctuations.

theblock.co • 03/09/2024 - 11:00 AM

Bitcoin still underperforming stocks since early August deleveraging event: Coinbase

Bitcoin has underperformed U.S. stocks following market declines in August, affected by a lack of narrative, ETF flows, and a strong dollar impacting crypto performance.

theblock.co • 30/08/2024 - 15:03 PM

Bitcoin volatility likely to ease as market anticipates Fed rate cuts, says QCP Capital

Bitcoin's price volatility is expected to decline as the market anticipates potential Fed rate cuts, with upcoming non-farm payrolls and GDP data influencing investor sentiment.

theblock.co • 30/08/2024 - 12:26 PM

Bitcoin's price trend before and after previous U.S. elections consistent: analysts

Bitcoin's price has historically dropped before U.S. elections, followed by significant post-election rallies, influenced by market uncertainty and seasonal volatility.

theblock.co • 28/08/2024 - 12:07 PM

ECONOMIC INDICATORS

Bitcoin inflows hit $543 million last week amid hint of interest rate cut: CoinShares

Bitcoin saw $543 million in inflows after favorable Fed comments, spurring price rises and benefiting crypto products, particularly from BlackRock, in a positive market response.

theblock.co • 26/08/2024 - 15:38 PM

Currency