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Bitcoin Pulls Back as Government Shutdown Delays Key Data — Market Talk

Bitcoin Pulls Back as Government Shutdown Delays Key Data — Market Talk

0720 GMT - Bitcoin pulls back slightly after reaching a seven-week high in the previous session as a U.S. government shutdown persists. The cryptocurrency was propelled higher after U.S. stocks rallied overnight on the back of OpenAI's recent funding round that saw its valuation soar to $500 billion…

Global Markets Rise as Dollar Remains Under Pressure

Global Markets Rise as Dollar Remains Under Pressure

By Dow Jones Newswires StaffU.S. stock futures were up again at the end of a week when all the major indexes hit fresh all-time highs fuelled by soaring artificial-intelligence and tech valuations.As the U.S. government shutdown continues, the dollar remains under pressure. Friday's ISM services ind…

4 US Economic Events with Crypto Implications This Week

4 US Economic Events with Crypto Implications This Week

It will be a short week for the US economic calendar, with the traditional finance (TradFi) market closed on Monday for the Labor Day holiday.Nevertheless, several US economic data points will be present thereafter and could influence Bitcoin and crypto markets. Meanwhile, the Bitcoin price continu…

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

Key takeaways:Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted.The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions.Bitcoin (BTC) surged above $109,000 on Wednesday after briefly retesting …

How an Unstable US Dollar is Making Americans Rush to Bitcoin

How an Unstable US Dollar is Making Americans Rush to Bitcoin

Several key indicators of the US economy’s strength are looking bearish, signaling a new opportunity for American individuals and businesses to invest in Bitcoin. Major firms are already joining the trend.Nic Puckrin, crypto analyst and founder of The Coin Bureau, exclusively shared his observations…