Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Bitcoin consolidates in Asia and is last at $79,934.60. U.S. payrolls increased well above expectations in August, raising expectations of a Fed rate hike later this month. Higher borrowing rates tend to weigh on risk appetite, dragging cryptocurrencies. The market continues to face risks including …
Bitcoin (BTC) fell below $80,000 on Saturday, down more than 1% after a stronger-than-expected U.S. jobs report for August rattled the cryptocurrency market.On Friday, Nonfarm payrolls increased by 162,000 in August, more than triple the 53,000 economists had expected, according to the U.S. Bureau o…
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace for a week loaded with U.S. labor market data that could shape the Federal Reserve’s next policy move and, by extension, crypto’s near-term direction.Current Market SnapshotBitcoin: $78,796.58, up 1.7% over 7 d…
The US Bureau of Labor Statistics releases July’s nonfarm payrolls report today, with economists forecasting a gain of just 83,000 jobs and unemployment steady at 4.2%. Bitcoin traders are wondering whether the reaction will mirror June’s report.June’s report showed just 57,000 new jobs, a miss tha…
1031 ET - Bank of America CEO Brian Moynihan is sticking with his research team's call that the Fed will raise rates three times in September, October and December. "They really are saying that the labor market is in very good condition and so you have to work on the inflation side and make sure tha…