Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day
Semler Scientific’s 26% gain following quarterly results was leading the advance for crypto-linked stocks. Risk assets are on the rise as Americans head to the…
Tag: BTC
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation…
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls. Since the U.S. Federal Reserve (Fed) cut rates by 50 basis…
Bitcoin Could Surge Thanks to Looser Financial Conditions
A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021 The Chicago Fed’s National Financial Conditions Index (NFCI) offers a weekly update…
