Bitcoin has climbed above $65,000 after softer-than-expected U.S. producer inflation reduced expectations of a Federal Reserve rate hike later this month. According to data from the U.S. Bureau of Labor Statistics, Juneβs Producer Price Index (PPI) added fresh momentum toβ¦
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¦
Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows didβ¦
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¦
Ethereum has climbed about 12% since July 1 as weaker-than-expected U.S. employment data and renewed institutional inflows pushed buyers back into the market, although the asset now faces heavy resistance near the $1,800 level. Ethereumβs rally gathered pace after theβ¦
Login
