ECONOMIC INDICATORS - Trade Savi - 360-degree view on crypto market

ECONOMIC INDICATORS FEDERAL RESERVE

July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years

CPI rose by 0.2%, driven by housing costs; Bitcoin reacts to inflation report, anticipating Fed interest rate cuts. Labor market data crucial for BTC's future.

theblock.co • 14/08/2024 - 14:55 PM

CRYPTO MOVERS ECONOMIC INDICATORS EQUITY MOVERS

Gold outperforming bitcoin as AI 'bubble' and geopolitical risks drive investors toward safe havens

Investors are shifting to gold as AI-related tech stocks decline and geopolitical tensions rise, notes Outlier Ventures Head of Research Jasper De Maere. Gold nears an all-time high, significantly outperforming Bitcoin amid market uncertainty. Bitcoin struggles as a hedge, trading more like tech stocks than a safe asset.

theblock.co • 12/08/2024 - 15:03 PM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Chart indicators show bitcoin could be beset by a new wave of sell-offs, analyst says

Analysts predict a potential decline in the crypto market due to a death cross in moving averages, while macroeconomic factors and upcoming elections add uncertainty.

theblock.co • 12/08/2024 - 14:12 PM

BITCOIN ECONOMIC INDICATORS

Bitcoin could act as a 'safe haven asset' while altcoins might suffer amid '40% probability' of recession: analysts

Analysts predict a 40% chance of a recession in H2 2024, affecting Bitcoin as a safe haven while other cryptocurrencies may suffer from reduced liquidity.

theblock.co • 08/08/2024 - 13:15 PM

CRYPTO MOVERS ECONOMIC INDICATORS

Crypto market could face more volatility as VIX hits highest level since COVID-19 market panic, Abra analyst says

The cryptocurrency market has reacted swiftly to recent macroeconomic turmoil, driving volatility and sell-offs, with significant influences from the rising yen and broader economic concerns.

theblock.co • 05/08/2024 - 17:20 PM

ECONOMIC INDICATORS FEDERAL RESERVE

Experts call on the Fed for emergency interest rate cut

Wharton’s Jeremey Siegel called on the Fed to make an emergency 75 basis-point cut in the federal funds rate. Bitwise CIO Matt Hougan sees a more measured approach and said an emergency cut is unlikely.

theblock.co • 05/08/2024 - 16:03 PM

CRYPTO MOVERS ECONOMIC INDICATORS EQUITY MOVERS INVESTMENT FIRMS RATE DECISIONS SPOT BITCOIN ETF SPOT ETHEREUM ETF TRADFI BANKS

Crypto equities down heavily in pre-market trading amid broader price plunge

Crypto market suffers steep losses due to recession fears and geopolitical tensions, impacting equities and ETFs, with Bitcoin and Ether seeing significant price declines.

theblock.co • 05/08/2024 - 12:51 PM

CRYPTO MOVERS ECONOMIC INDICATORS

Cryptocurrency market capitalization registers largest daily drop since 2022

The cryptocurrency market has faced a 13% decline due to geopolitical tensions and economic concerns, leading to significant liquidations, particularly in Bitcoin and Ethereum.

theblock.co • 05/08/2024 - 11:07 AM

CRYPTO MOVERS ECONOMIC INDICATORS RATE DECISIONS

Bitcoin down despite macro optimism from BoE rate cut, Fed's dovish signals

Bitcoin's price declines despite dovish central bank signals. BoE cuts rates; Fed hints at future cuts. However, significant market challenges remain, including Mt. Gox transfers and weak ETF inflows.

theblock.co • 01/08/2024 - 13:08 PM

CRYPTO MOVERS ECONOMIC INDICATORS FEDERAL RESERVE RATE DECISIONS

Bitcoin posts slight gain after Fed holds rates steady, citing further progress toward 2% inflation target

Bitcoin's price steadied post-Fed's interest rate hold, while markets anticipate a potential rate cut in September, supported by easing inflation and steady stock indices.

theblock.co • 31/07/2024 - 18:17 PM

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