By Jordan Lyanchev Bitcoin’s rather stable price moves over the past day or so were disrupted after Kevin Warsh finished his speech at Jackson Hole, as the asset slumped by a few grand in an hour. Its move south dragged many altcoins with it, resulting in over $200 million in liquidated positions at one point, […]
Tag: FOMC
By Dimitar Dzhondzhorov The primary digital asset has added almost $20,000 to its valuation over the past month, driven by a broader crypto market resurgence sparked by US monetary policy changes and other factors. Somewhat expected, X is now flooded with users who believe the bulls have no intention of pushing the brake pedal, anticipating […]
By Jordan Lyanchev The new business week has started on the right foot, as after a highly dull and sluggish weekend, bitcoin has finally charted a minor increase to $63,500. The following days have some important macro events in the United States that can further impact the market, albeit not as notable as the CPI […]