By Jordan Lyanchev Bitcoin investors received what should have been a fairly supportive and positive combination of macroeconomic data in the past week, starting with the weak US jobs report last Friday. However, the asset failed to produce any significant gains, again. Moreover, it has lost some traction and is actually down on a weekly […]
Tag: PPI
Key highlights: A dormant Bitcoin wallet transferred BTC worth at least $383 million The coins were originally bought when Bitcoin was $16,000 The transfer happened just as BTC recovered to around $65,000 A silent At the time, the portfolio was worth about $100 million. Today, it is valued at $383 million, which is a gain […]
By admin Bitcoin declined 2.46 percent over the past 24 hours to settle at $79,048.13, underperforming a broadly flat market as a macro-driven selloff took hold. Rising U.S. Treasury yields spooked risk assets across the board, and Bitcoin’s strong correlation with traditional equities pointed to a rates-sensitive move rather than a crypto-specific development. The primary […]