The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
Ether, Altcoins Remain Under Pressure Following Volatile Weekend
Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Investors may expect market weakness due to the tax season, Ryze Labs said in a report.
Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
Choppy Bitcoin Price Action Continues Ahead of Friday’s Jobs Report
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Bitcoin Pumps Above $69K as Crypto Rally Resumes
The rally was broad-based, with SOL and AVAX advancing nearly 10% over the past 24 hours.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the ‘Pullback Is Over’
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Bitcoin’s Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Bitcoin Tops $67K, Nearing Silver’s $1.38T Market Cap
Bitcoin’s price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.