Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
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May 18, 2023 at 6:45 p.m. UTC
May 18, 2023
FOMC
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The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain's cryptographic verification systems, could guide policymakers' decisions.
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May 5, 2023 at 4:31 p.m. UTC
May 5, 2023
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Bitcoin, Ether Trade Flat After Mildly Encouraging Jobs Data
The two largest cryptocurrencies by market capitalization were changing hands in a tight range after jobless claims were slightly higher than expected, a small sign the jobs market is cooling.
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May 4, 2023 at 6:58 p.m. UTC
May 4, 2023
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Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?
The recent decoupling indicates the assets will trade on their own merits.
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May 3, 2023 at 9:41 p.m. UTC
May 3, 2023
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Fed's Powell Says No Decision Yet on a 'Pause' in Rate Hikes
The U S Federal Reserve's Federal Open Market Committee FOMC continued its year plus string of rate hikes on Wednesday lifting the fed funds rate by 25 basis points to a targeted range of 5 5 25 Federal Reserve Chairman Jerome Powell said during the press conference a decision on a pause was not made [...]
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May 3, 2023 at 9:37 p.m. UTC
May 3, 2023
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Bitcoin Falls Slightly After Fed Rate Hike
BTC was down about 1% after the U.S. central bank boosted the federal funds rate by 25 basis points. Fed Chair Jerome Powell noted the central bank had omitted language signaling additional rate hikes at upcoming meetings.
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May 3, 2023 at 8:38 p.m. UTC
May 3, 2023
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Bitcoin Hovers Around $28.5K After Fed Rate Decision
The U S Federal Reserve's Federal Open Market Committee FOMC continued to lift the fed funds rate by 0 25 to a targeted range of 5 5 25 Morning Consult Senior economist Jesse Wheeler joins Caleb Brown Director Jake Boyle on All About Bitcoin to discuss how the crypto market is reacting to Fed Chair [...]
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May 3, 2023 at 7:56 p.m. UTC
May 3, 2023
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Bitcoin Bulls, Bears Wrestle Amid Hopeful Signs in Latest Inflation Data
Volume returned to crypto markets as investors digested the March Consumer Price Index. Bitcoin super-whales may offer a base of support for prices.
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Apr 12, 2023 at 9:00 p.m. UTC
Apr 12, 2023
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Bitcoin Cracks $30K, but for How Long?
While bullish and bearish narratives collide, balances on exchanges may provide the most telling clues.
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Apr 11, 2023 at 8:46 p.m. UTC
Apr 11, 2023
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Crypto Investors Unmoved by Revised Jobless Data
Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.
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Apr 6, 2023 at 8:52 p.m. UTC
Apr 6, 2023