By admin Key Points Bitcoin declined 0.59% over the past day, settling near $87,611, and posted a steeper 5.1% loss over the week. Institutional outflows from spot Bitcoin ETFs totaled $2.35 billion this month—the highest since their launch—amplifying downward pressure. Technical indicators reveal persistent bearish structure: failed attempts to break above $95,000, declining momentum per […]
Tag: PCE
By ItalianCannon Key Points: His remarks briefly unsettled financial markets, including digital assets, with Bitcoin dipping below $111,000 before recovering. Despite near-term volatility, analysts maintain confidence in a medium-term upward trajectory for crypto. Rising inflation risks and labor market shifts prompted the Fed’s policy adjustment, though future moves remain data-dependent. Upcoming economic reports, such as […]
By Marco Piccolo Key highlights: The U.S. Department of Commerce has selected Chainlink and Pyth to publish key economic indicators on public blockchains. This marks the first time macroeconomic data such as GDP and PCE is being distributed onchain, enabling new applications in DeFi and beyond. PYTH token surged nearly 80% on the news, rising […]