Page 54 - Btcusd News Today

Renewed fears around inflation and the prospect of a more aggressive Fed have dampened the momentum in a big crypto rally.

The meme cryptocurrency has long been hyped by Elon Musk through tweets and on television.

Inflation and geopolitical concerns have pushed bullion higher. If the Fed fumbles, the price could reach $3,000 an ounce.

Digital assets remain correlated with stocks and wider risk sentiment. That puts the U.S. jobs report on Friday in the spotlight as a key catalyst for cryptocurrencies.

Coinbase and other crypto companies say they’re under siege by the SEC and other agencies. The industry is gearing up to counterattack.

Digital assets remain correlated with stocks and wider risk sentiment. That puts the U.S. jobs report on Friday in the spotlight as a key catalyst for cryptocurrencies.

Digital assets have rallied in 2023 amid expectations that the Federal Reserve will ease off interest rates. Inflation data Friday has helped shift the needle.

In terms of technical analysis, BTCUSD is trying to break a key resistance level, having gathered enough momentum in recent weeks.

Inflation data Friday will be a key macro catalyst for Bitcoin, which has rallied amid shifting monetary policy expectations.

Inflation data Friday will be a key macro catalyst for Bitcoin, which has rallied amid shifting monetary policy expectations.