The St. Louis Federal Reserve released a blog post with customizable graphs to allow anyone to measure the price of commodities against the bitcoin price. The below is a direct excerpt of…
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Bitcoin (BTC) rose above $106,000 following the FED interest rate decision announced on Wednesday and the statements of FED Chairman Jerome Powell. Following 25 basis point cuts in November and December, the Fed left interest rates unchanged in January. While it remains uncertain when the FED will cut interest rates…
Bitcoin has observed a sharp rally above the $30,000 mark over the past day. Here’s how the 30-day price range may have foreshadowed this volatility. Bitcoin Had Earlier Compressed To A Tight 30-Day Price Range According to data from the on-chain analytics firm Glassnode, tight price ranges have historically preceded…
The leading cryptocurrency Bitcoin (BTC) rose to $110,000 due to the second round of talks between the US and China. While the rise in Bitcoin is expected to continue, critical inflation data that the FED attaches importance to for its interest rate decision was announced today. Here is the data…