After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting. A bigger reduction could send stocks...
Bitcoin slid as investors reacted to the US presidential debate between Democratic nominee Kamala Harris and Republican rival Donald Trump, who has embraced the crypto sector.
The digital asset fell as much as 3.4% before paring some...
Despite the increasingly partisan sentiment in the cryptocurrency industry, bitcoin will thrive over the long term regardless of who wins the U.S. presidential election in November.
That’s a view many crypto investors are coming to accept, as the wave...
US stocks closed mixed in a rollercoaster session on Tuesday as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years.
The benchmark S&P 500 (^GSPC) reversed earlier losses to finish the day about 0.5% higher....
For the better part of 18 months, the stock market rally has been defined by the rise of artificial intelligence and its impact on a few large tech stocks.
But an increasing number of Wall Street strategists don't believe that thesis is what will drive the S&P 500's (^GSPC) next...
Bitcoin continued its recovery on Sept. 10, reaching $58,000 to trade 8% above its four-week low of $53,955. Despite this recovery, Bitcoin investors “remain unconvinced” in the short term, according to an analysis from Glassnode.
Investors are interacting less with centralized exchanges (CEXs) with “contracting volumes across the board,” according...
United States inflation data may fuel optimism among Bitcoin traders ahead of an anticipated September rate cut by the Federal Reserve — if inflation lowers as widely expected, according to a crypto analyst.
“Anyone holding short positions is likely to get burned and you could see a classic short squeeze...
Asian stocks inched slightly higher on Tuesday but struggled to sustain an upbeat rally on Wall Street as concerns about a faltering Chinese economy dampened the market mood.
Data on Tuesday showed China's exports grew at their fastest since...
The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank’s forthcoming meeting remains hotly divided.
Michael Yoshikami,...
Bitcoin price edged above $57,500 on Sept. 9 as markets sprang back from an “exaggerated” reaction to August’s payroll report.
Data from Cointelegraph Markets Pro and TradingView showed Bitcoin price action recording gains roughly 8.3% above the week’s $52,546 lows.
