-
BTC/USD: Fails at 50 Day EMA
The Bitcoin market rallied a bit during the course of the trading session on Friday, but at the Non-Farm Payroll Announcement has been horrific, with the United States adding just 22,000 jobs during the month of August, instead of the expected 75,000. This has been a major “risk off” trading session, which will have a major influence on whether or not institutional traders are willing to jump in and start buying Bitcoin.While I believe that most traders were looking for interest rate cuts in the September meeting from the Federal Reserve, the question now is going to be “How many rate cuts between now and the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From ticotimes.net | Sep 8, 2025
President Nayib Bukele announced that El Salvador purchased 21 Bitcoin to mark the fourth anniversary of the country adopting the cryptocurrency as legal tender. The move brings the nation’s total Bitcoin reserves to 6,313.18 BTC, worth more than $701 million at current prices. Bukele shared the news on X, posting a screenshot of the transaction and ...
From fxstreet.com | Sep 8, 2025
Ripple (XRP) displays bullish potential, trading above $2.96 on Monday as cryptocurrency prices generally recover. A break above the immediate $3.00 hurdle could bolster XRP’s technical structure, increasing the chances of a 23% breakout to its all-time high of $3.66 reached on July 18. The XRP futures market shows signs of life after several weeks of ...
From fxstreet.com | Sep 7, 2025
September usually considered a bearish month for crypto. But this time bull cycle is not something like before. As we know Black Rock, Micro Strategy, Fidelity and many other big institutions are in the crypto market. On the other hands governments are also considering BTC and other major crypto currencies as their strategic reserved. Do you know big ...
