Bitcoin fell below $20,000 again as the Federal Reserve’s hawkish comments about inflation and slowing economic growth continue to weigh down riskier assets.
Bitcoin fell below $20,000 again as the Federal Reserve’s hawkish comments about inflation and slowing economic growth continue to weigh down riskier assets.
Bitcoin extended its drop below $20,000 on Monday as part of a wider cryptocurrency-market retreat, amid concern about the Federal Reserve’s rate-hike path.
A growing number of long-term bitcoin investors are increasing their bitcoin stashes as bitcoin moves into 2022. They hope that a December dip is just a seasonal blip.
Brent crude oil traded at $85 per barrel on Thursday, nearing two-month highs. This was buoyed in part by the expectation that a strong economic recovery would boost demand. However,
Analysts predict that oil prices will rise further this year after rising 50% in 2021. They believe that a shortage of production capacity and low investment could cause crude to
Due to tight supply and decreasing concerns about potential demand from the Omicron coronavirus variant, oil prices reached two-month highs Wednesday.
The government stimulus of trillions of dollars and rock-bottom rates helped to boost the prices of digital assets. They are essential for the market’s stability.
Bitcoin fell below $42,000 on Friday, continuing a week-long decline that has been ongoing since September.
The Federal Reserve’s hawkish turn at year-end saw cryptocurrencies gain some momentum, but it largely avoided other risk assets. Now, the Federal Reserve is playing a central role in the
NEW YORK (Reuters) – U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street’s major indexes ended well above their
Last week, Federal Reserve Chair Jerome Powell’s testimony went according to the script as he signalled the Fed’s tacit willingness to cut interest rates- most probably by 25 basis points-