Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto […]
Category: Market Wrap
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Despite the recent bounce, the correction isn’t over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 […]
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance […]
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which […]
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.
Investors may expect market weakness due to the tax season, Ryze Labs said in a report.
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.