Economics

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Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates
Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.
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Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)
Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion
Correlations between movements in the crypto and stocks have turned negative of late.
Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)

Bitcoin may be oversold, but any bounce could be muted (Getty Images)
Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.
Bitcoin may be oversold, but any bounce could be muted (Getty Images)

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Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues
Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.
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Anne Nygard (Unsplash)
Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase
Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.
Anne Nygard (Unsplash)

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Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
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Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
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Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
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Can Bitcoin Break Out of Its Funk? The Answer Appears to Be No
While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
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