U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government’s Wednesday report gave some hope that Fed rate cuts might still be on the…
Tag: Bitcoin
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
The state’s investment board bought 94,562 shares of BlackRock’s iShares Bitcoin Trust in the first quarter of the year. The U.S. state of Wisconsin purchased…
First Mover Americas: Bitcoin Hovers Above $62K
The latest price moves in crypto markets in context for May 8, 2024. Bitcoin slid toward $62,000 during the Asian and European mornings on Wednesday as part…
Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday. Bitcoin (BTC) traded around $57,700 during the…
Crypto Investment Products Saw Outflows for a Third Consecutive Week
Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week. Investors pulled $435 million from digital…
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
The crypto market is balancing the threat of stagflation against a potential liquidity injection from the Treasury General Account (TGA), and the launch of Hong…