This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an…
Read more
Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum also extended recent gains. Bitcoin Bitcoin was once again trading above the $27,000 level on…
Read more
Bitcoin pushed past the $27,000 level on Monday, as markets prepared for the upcoming Federal Reserve interest rate decision. Bullish sentiment was in full force in today’s session, despite the prospect of yet another rate hike. Ethereum was also higher to start the week. Bitcoin Bitcoin surged to a multi-week high on Monday, as traders…
Read more
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin. On the latest episode of Macro Markets, analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that highlights the disparity between…
Read more
This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving. In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence. When asked whether Bitcoin’s (BTC) pre- and post-halving price…
Read more
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier in the day. Bitcoin…
Read more
Toncoin moved closer to the $2.00 level on Wednesday, as markets reacted to the protocol’s partnership with Telegram. The agreement will see the token made available to over 800 million Telegram Wallet users. Stellar, on the other hand, was significantly lower, falling by nearly 8% today. Toncoin (TON) Toncoin (TON) was one of today’s biggest…
Read more
Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged in today’s session. Bitcoin Cash (BCH) Bitcoin cash (BCH) rose…
Read more
Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell to a three-month low towards the end of Monday’s session,…
Read more
Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC) continued. Shiba Inu…
Read more
