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Institutional investors holding steady on bitcoin despite market volatility, analysts say

Institutional investors are showing resilience amid bitcoin's volatility, increasing their holdings in spot bitcoin ETFs, with significant engagement from hedge funds and mainstream adoption.

theblock.co • 20/08/2024 - 14:23 PM

Bitcoin price slides despite stock gains ahead of this week's Fed speech at Jackson Hole

Bitcoin's price drops nearly 3% to $58,500 while U.S. equities rise, highlighting bearish crypto sentiment ahead of Powell's upcoming speech and anticipated volatility in markets.

theblock.co • 19/08/2024 - 15:10 PM

July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years

CPI rose by 0.2%, driven by housing costs; Bitcoin reacts to inflation report, anticipating Fed interest rate cuts. Labor market data crucial for BTC's future.

theblock.co • 14/08/2024 - 14:55 PM

Gold outperforming bitcoin as AI 'bubble' and geopolitical risks drive investors toward safe havens

Investors are shifting to gold as AI-related tech stocks decline and geopolitical tensions rise, notes Outlier Ventures Head of Research Jasper De Maere. Gold nears an all-time high, significantly outperforming Bitcoin amid market uncertainty. Bitcoin struggles as a hedge, trading more like tech stocks than a safe asset.

theblock.co • 12/08/2024 - 15:03 PM

Chart indicators show bitcoin could be beset by a new wave of sell-offs, analyst says

Analysts predict a potential decline in the crypto market due to a death cross in moving averages, while macroeconomic factors and upcoming elections add uncertainty.

theblock.co • 12/08/2024 - 14:12 PM

Bitcoin could act as a 'safe haven asset' while altcoins might suffer amid '40% probability' of recession: analysts

Analysts predict a 40% chance of a recession in H2 2024, affecting Bitcoin as a safe haven while other cryptocurrencies may suffer from reduced liquidity.

theblock.co • 08/08/2024 - 13:15 PM

Crypto market could face more volatility as VIX hits highest level since COVID-19 market panic, Abra analyst says

The cryptocurrency market has reacted swiftly to recent macroeconomic turmoil, driving volatility and sell-offs, with significant influences from the rising yen and broader economic concerns.

theblock.co • 05/08/2024 - 17:20 PM

Experts call on the Fed for emergency interest rate cut

Wharton’s Jeremey Siegel called on the Fed to make an emergency 75 basis-point cut in the federal funds rate. Bitwise CIO Matt Hougan sees a more measured approach and said an emergency cut is unlikely.

theblock.co • 05/08/2024 - 16:03 PM

Crypto equities down heavily in pre-market trading amid broader price plunge

Crypto market suffers steep losses due to recession fears and geopolitical tensions, impacting equities and ETFs, with Bitcoin and Ether seeing significant price declines.

theblock.co • 05/08/2024 - 12:51 PM

Cryptocurrency market capitalization registers largest daily drop since 2022

The cryptocurrency market has faced a 13% decline due to geopolitical tensions and economic concerns, leading to significant liquidations, particularly in Bitcoin and Ethereum.

theblock.co • 05/08/2024 - 11:07 AM

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