CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Crypto Markets Analysis: Bitcoin, Ether Continue Surge Into February, but Jobs Data Raises Questions

The Federal Reserve must weigh the U.S.’ debt obligations while trying to tame inflation without sending the economy into deep recession. Its next steps could be impactful for crypto markets.

Feb 3, 2023
Bitcoin's price, annualized funding rate and rolling three-month basis (Glassnode)

Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due

The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.

Feb 3, 2023
CDCROP: Walking a tightrope balance sunset (Shutterstock)

First Mover Asia: Bitcoin Dips Into Red but Holds Strong Above $23.5K

Bitcoin dips into red but holds over $23.5K. ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U.S. central bank's interest rate hike.


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