#traditional-markets

[ follow ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Cryptocurrencies tumbled as traditional market sentiment shifted, impacted by geopolitical risks, leading to significant losses in various digital assets. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

Bitcoin (BTC) fell below $49,000 after a higher-than-expected U.S. inflation reading.
The drop in Bitcoin's price was influenced by a lower chance of the Federal Reserve cutting interest rates. [ more ]
Coindesk
6 months ago
Cryptocurrency

Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

Crypto markets experienced a significant drop despite positive inflation data.
Bitcoin and Ether both saw notable declines over the past 24 hours.
Traditional markets performed well, with Nasdaq up 2.3% and S&P 500 up 1.8%. [ more ]
Coindesk
5 months ago
Business

Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows

The Fed is expected to cut rates by 100 basis points next year, making it the most dovish among advanced nations' central banks.
A weaker dollar often incentivizes risk-taking in crypto and traditional markets.
The U.S. economy and inflation rate are expected to slow next year, allowing the Fed to pursue a looser monetary policy. [ more ]
[ Load more ]