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Chart for BTC/USD
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Latest Stories for BTC/USD
From sherwood.news | 1 hr 29 min ago
With several headwinds, no catalyst, and risk appetite rotating into the AI trade, it might be a cruel summer for bitcoin, as it seemingly heads toward Februarys $60,000 lows. The asset dropped as low as $65,700 late on Tuesday, a level not reached since early March. Crypto liquidations have reached $1.35 billion in the past 24 hours, according to ...
From economics.bmo.com | 2 hr 14 min ago
Another better-than-expected headline figure
this time it was the U.S. ISM Services PMI, which climbed 0.9 pts to 54.5. The gauge has now held in the expansion zone (above 50) for almost two years. Business activity climbed for a second straight month to 57.7, pointing to stronger demand and higher output. Meantime, new orders jumped to 57.3, suggesting ...
From finance.yahoo.com | 2 hr 47 min ago
Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream. The decline comes as investors pull money from Bitcoin ETFs, geopolitical tensions drive demand for traditional havens and inflation concerns ...
From cointelegraph.com | 3 hr ago
Data from TradingView showed cooling BTC price volatility after a trip to $65,362 on Bitstamp a level last seen in early April. chart After billions of dollars in liquidations, BTC/USD fielded new warnings that the worst of the bear market may still be ahead. Trader and analyst Rekt Capital focused on the 50-month exponential moving average (EMA) trend ...
As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...
BESSENT PREDICTS INFLATION WILL BE A 'TEMPORARY ISSUE.' BESSENT SAYS AMERICANS ARE FACING TOUGH TIMES BUT SHOULD OVERCOME THEM.
From moneycheck.com | 7 hr ago
Top Democrats on three congressional committees are pressing the US Labor Department to scrap a proposal that would allow digital assets and other alternative assets in 401(k) retirement plans. Senator Bernie Sanders, Senator Elizabeth Warren and Representative Bobby Scott made the request in a Tuesday letter to acting Labor Secretary Keith Sonderling. The ...
Fed's Williams: Higher energy prices are driving up costs and inflation - Yahoo. FED'S WILLIAMS STATES THAT THE ECONOMY IS GROWING STRONGLY AT AROUND 2% AND THE JOB MARKET IS NOW STABLE. FED'S WILLIAMS SAYS INFLATION HAS INCREASED "SIGNIFICANTLY." Fed's Williams: Inflation likely to peak in coming months Feds Williams: Inflation increased significantly Fed's Williams: Right now, I'm not worried about persistent inflation *WILLIAMS: DON'T SEE AN OBVIOUS DIRECTION FOR FUTURE RATES *WILLIAMS: DON'T SEE THE NEED TO RAISE OR LOWER RATES RIGHT NOW
Economic activity in the services sector continued to expand in May, say the nation's purchasing and supply executives in the latest ISM® Services PMI® Report. The Services PMI® registered 54.5 percent, the 23rd consecutive month in expansion territory. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® ...
Watch live as Treasury Secretary Scott Bessent testifies before the Senate Finance Committee at a hearing on The Presidents Fiscal Year 2027 Budget for the Department of the Treasury.
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