US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity / is on Nostr

Bitcoin price, CPI jitters, U.S. inflation data, Fed rate cuts, Cryptocurrencies, US Treasury Yields, US PMI, business activity

Last Notes

2024-06-13 07:04:11

Bitcoin's Price Stabilizes Around $67,500 Amid Rate Cut Cues and Softer Inflation
===============
#4b5de303 ver:0.8
Bitcoin's price stabilizes around $67,500 amid rate cut cues and softer inflation. Traders cautious as high interest rates overshadow signs of cooling inflation. Altcoins drift lower as traders remain averse to Bitcoin. Market volatility expected due to ongoing macroeconomic events and rate jitters. #Bitcoin #cryptocurrency #inflation #interestrates...
#newstr #Bitcoin #Cryptocurrency #RateCut #Inflation
https://here.news/story/4b5de303?ver=0.8

2024-06-11 03:58:49

Bitcoin Drops to One-Week Low as Traders Await CPI, Fed Decision
===============
#4b5de303 ver:0.78
Bitcoin's price dropped to a one-week low of $68,000 as traders await key macroeconomic events and the Federal Reserve's decision. The market experienced a downturn following a $400 million liquidation event triggered by strong US jobs data. Open interest and trading volumes fell, indicating reduced bets by traders. The upcoming inflation data and Fed outlook may impact cryptocurrency and reinforce concerns about higher interest rates. #Bitcoin #cryptocurrency #Fed #inflation...
#newstr #Bitcoin #Ether #LiquidationRout #MarketVolatility #UsJobsData #MacroeconomicEvents #LeverageFlush #UsInflation #FederalReserve
https://here.news/story/4b5de303?ver=0.78

2024-06-05 06:55:59

Bitcoin Price Nears $71k as Rate Cut Hopes Build
===============
#4b5de303 ver:0.71
Bitcoin price approaches $71k as hopes for a rate cut grow. Weak economic readings and the launch of spot Bitcoin ETFs in Australia contribute to the surge. Altcoins also rise as weak US economic data fuels expectations of interest rate cuts. XRP and DOGE see gains. #Bitcoin #cryptocurrency #ratecut #economicdata...
#newstr #Bitcoin #Cryptocurrency #RateCut #EconomicData #Altcoins #FederalReserve
https://here.news/story/4b5de303?ver=0.71

2024-06-02 14:00:14

Veteran Trader Peter Brandt Argues for Bitcoin's Growing Significance in the Decline of Fiat Currencies
===============
#4b5de303 ver:0.68
Veteran trader Peter Brandt argues for Bitcoin's growing significance in the decline of fiat currencies, comparing its performance to the Dow Jones Industrial Average during the Great Stagflation of the 1970s. He identifies an inverted head and shoulders pattern in Bitcoin's chart, suggesting a potential upward price movement. Bitcoin is currently trading around $67,000, and as long as it remains above the 50-day moving average, the bullish trend is expected to persist. #Bitcoin #cryptocurrency #fiatcurrencies #inflation #trading...
#newstr #Bitcoin #FiatCurrencies #PeterBrandt #TechnicalAnalysis #InvertedHeadAndShouldersPattern
https://here.news/story/4b5de303?ver=0.68

2024-05-31 09:01:07

Bitcoin Prices Rise as US GDP Slows More Than Expected
===============
#4b5de303 ver:0.65
Bitcoin's price remains flat as concerns over inflation and interest rates affect sentiment in the cryptocurrency market. Traders are pricing out rate cut expectations, putting pressure on crypto markets. Bitcoin is struggling to sustain levels above $70,000. US economic data and upcoming macroeconomic releases will be closely watched for market impact. Altcoins and institutional investors are monitoring for potential volatility and investment opportunities. #Bitcoin #cryptocurrency #inflation #interestrates #crypto #altcoins #investing...
#newstr #Bitcoin #Cryptocurrency #UsGdp #Inflation #InterestRates #MacroeconomicData #Altcoins #InstitutionalInvestors #Etfs
https://here.news/story/4b5de303?ver=0.65

2024-05-31 00:04:47

Bitcoin Traders Analyze US Macro Data as BTC Price Holds Steady at $67K
===============
#4b5de303 ver:0.63
Bitcoin traders analyze US macro data as BTC price holds steady at $67K. Concerns over inflation and interest rates impact sentiment. Traders await upcoming economic data releases and analyze technical indicators. Ethereum also dips, while crypto investment products see inflows. Bitcoin's short-term price movements depend on key support and resistance levels. Positive sentiment driven by institutional interest and adoption. #Bitcoin #cryptocurrency #macrodata #inflation #interestrates #Ethereum #investment #supportandresistance...
#newstr #Bitcoin #Btc #UsMacroeconomicData #JoblessClaims #Q1Gdp #ProducerPriceIndex #MarketSentiment #Altcoins #InstitutionalInvestors
https://here.news/story/4b5de303?ver=0.63

2024-05-28 07:01:14

Bitcoin Consolidates Around $69,000 as Ethereum Eyes $4,500
===============
#4b5de303 ver:0.61
Bitcoin consolidates around $69,000, struggling to break $70,000 resistance, while Ethereum eyes $4,500 with strong support. Solana tests support at 26 EMA. Mixed sentiment in the crypto market as Bitcoin faces resistance and Ethereum shows strength. Key levels to watch for Bitcoin are $68,300 and $69,800. Short-term outlook depends on price reaction. #Bitcoin #Ethereum #cryptocurrency...
#newstr #Bitcoin #Btc #Ethereum #Eth #Solana #Sol #Cryptocurrency
https://here.news/story/4b5de303?ver=0.61

2024-05-26 17:01:05

Bitcoin Faces Crucial Price Levels as Bulls and Bears Battle
===============
#4b5de303 ver:0.6
Bitcoin's price at a critical juncture as it battles between $68,300 and $69,800 levels. These levels could act as support and resistance zones, with the 50-day moving average at $65,000 as a strong support. Bulls have a slight advantage, but no signs of overbuying. Breaking above $69,800 could lead to new highs. Positive sentiment driven by institutional interest and adoption. Short-term outlook hinges on Bitcoin's reaction to these crucial levels. #Bitcoin #Crypto #PriceAnalysis...
#newstr #Bitcoin #Btc #PriceLevels #Support #Resistance #Liquidity #Rsi #Bulls #InstitutionalInterest #Adoption
https://here.news/story/4b5de303?ver=0.6

2024-05-06 03:57:41

Crypto Analyst Expects Bullish Turn for Bitcoin Amidst Predictions of Quantitative Easing
===============
#4b5de303 ver:0.43
Bitcoin and Ether rally above $59,000 and $3,000 respectively as analysts predict quantitative easing and a weaker dollar. QCP Capital expects Fed actions to benefit Bitcoin and Ether, while Bitfinex sees Bitcoin as the market benchmark. Crypto market surges after US jobs report, with Bitcoin at $61,800 and Ether above $3,000. Bitcoin rebounds as US unemployment rises to 3.9% and Fed keeps interest rates steady. Bitcoin price surges to mid-$61,000s following softer US labor market report, leading to speculation of rate cuts. Bitcoin's value surges by 6.47% to surpass $63,000, driven by macroeconomic data and interest rate reduction expectations. Analyst predicts bullish turn for Bitcoin with quantitative easing and advises long positions....
#newstr #Bitcoin #QuantitativeEasing #CryptoMarket #InvestorSentiment #Altcoins #Ethereum
https://here.news/story/4b5de303?ver=0.43

2024-05-05 12:01:33

Bitcoin Surges Above $63,000 as Economic Indicators Boost Investor Confidence
===============
#4b5de303 ver:0.41
Bitcoin surges above $63,000 as economic indicators boost investor confidence. Federal Reserve actions and weaker economic data fuel speculation of rate cuts, benefiting Bitcoin and Ether. Crypto market rises following US jobs report. Bitcoin and Ether rally, while Dogecoin, Solana, and Avalanche see increases. Bitcoin's rebound attributed to softer US dollar and positive developments. Bitcoin price surges on softer-than-expected US labor market report, speculation of rate cuts. Easing financial conditions drive bullish momentum in crypto market. Bitcoin outlook suggests consolidation, but resistance at $63,000 level. Long-term fundamentals remain bullish. Bitcoin surges almost 5% to surpass $63,000, following cooler US jobs report. Ether also recovers. Grayscale Bitcoin Trust sees net positive inflows. Bitcoin's value surges by 6.47% driven by macroeconomic data and search for high-growth opportunities. Bitcoin showcases resilience and potential for growth in digital finance. #Bitcoin #cryptocurrency #investing #economy...
#newstr #Bitcoin #Cryptocurrency #InvestorConfidence #MacroeconomicData #UsFederalReserve #M2MoneySupply #TechSector
https://here.news/story/4b5de303?ver=0.41

2024-05-03 17:59:16

Bitcoin and Ether Rally on Hopes of US Economic Policy Restraint on Dollar Strength Following Surge in Crypto Markets on US Jobs Report
===============
#4b5de303 ver:0.36
Bitcoin and Ether rally as hopes of US economic policy restraint on dollar strength emerge. Analysts believe Federal Reserve and Treasury actions could benefit crypto markets, with Bitcoin expected to be the price action benchmark in May. Crypto markets rise following US jobs report, fueled by speculation of Fed easing and PayPal's partnership with MoonPay. Coinbase Global sees consecutive profits, and Block, Inc. plans to invest 10% of Bitcoin product profits into monthly purchases. #Bitcoin #Ether #crypto #USjobs #FederalReserve #PayPal #Coinbase #BlockInc...
#newstr #Bitcoin #Ether #UsFederalReserve #UsTreasury #CryptoMarkets #UsJobsReport
https://here.news/story/4b5de303?ver=0.36

2024-04-29 08:58:48

Bitcoin and Ether See Losses as U.S. Stagflation Fears Grip Market
===============
#4b5de303 ver:0.28
Bitcoin and Ether face losses as U.S. stagflation fears grip the market. Concerns over economic indicators, including lower than expected GDP growth and higher inflationary pressures, have dampened investor sentiment. The crypto market remains uncertain, with geopolitical tensions and upcoming developments in Hong Kong being closely monitored for stability and a potential rebound. #Bitcoin #Ether #stagflation #crypto #marketvolatility...
#newstr #Bitcoin #Ether #UsStagflation #CryptocurrencyMarket #Ethereum
https://here.news/story/4b5de303?ver=0.28