Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after Juneβs Consumer Price Indexβ¦
Bitcoin has climbed back toward the $65,000 level after softer-than-expected U.S. inflation data sharply reduced market expectations of a Federal Reserve rate hike at the July policy meeting. According to the U.S. Bureau of Labor Statistics, the consumer price indexβ¦
The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserveβs June Federal Openβ¦
Bitcoin has held above $63,000 after last weekβs macro-driven rebound, but traders are now weighing expectations of Federal Reserve rate cuts against rising geopolitical tensions and mounting technical resistance. According to data from crypto.news, Bitcoin (BTC) price traded around $63,100β¦
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