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MARKETS

Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets

Micah Zimmerman -
Bitcoin price slipped to $73,500 Tuesday morning after October consumer prices rose 0.4%, topping forecasts and pushing traders toward a bigger Federal Reserve rate hike in December.
NEWS

Fed and OCC Quiz U.S. Banks After $6.3 Billion Binance Hack

Micah Zimmerman -
Federal Reserve and OCC supervisors contacted U.S. banks this week to check for vulnerabilities after the Binance hack.
MARKETS

Bitcoin Price Trades Above $81,500 as Fed Keeps Rates Steady in Split Vote

Micah Zimmerman -
Bitcoin price held near $81,000 after the Federal Reserve kept rates at 3.75% to 4% in a 10-2 vote.
MARKETS

Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom

Micah Zimmerman -
Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week’s Fed decision and the November midterms.
MARKETS

Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets

Mathew Di Salvo -
Bitcoin is currently in so-called Uptober, a month when the asset is supposed to rally. But it’s being held back — at least for now.
NEWS

Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares

Mathew Di Salvo -
Bitcoin is still reacting to weekly data but long-term investors shouldn’t be worried, according to the European asset manager.
MARKETS

Bitcoin Briefly Slides Below $80,000 On More Hot Inflation Data

Mathew Di Salvo -
Bitcoin has recovered slightly despite its price getting hit again by hotter-than-expected inflation data.
MARKETS

Bitcoin Slips Below $83,000 After Hotter-Than-Expected US Inflation Data

Mathew Di Salvo -
The price of bitcoin slid Wednesday after data dropped showing that U.S. consumer prices shot up more than expected in September due to rising...
MARKETS

Bitcoin Falls Below $81,000 as Oil Spikes, Fed Talks Tough

Mathew Di Salvo -
The price of bitcoin has continued to drop this week, spurred by fears that the Federal Reserve is increasingly tempted to raise interest rates.
MARKETS

Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data

Mathew Di Salvo -
The price of bitcoin surged above $87,000 on Friday morning in New York, buoyed by constant exchange-traded fund flows and a jobs report showing...
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