#Bitcoin surges towards $69,000, nears previous all-time high amid anticipation of key economic events. #Crypto #FED
Traders await #Federal Reserve communications and economic data releases, predicting potential impact on Bitcoin's trajectory.
https://coinpedia.org/news/key-reasons-why-bitcoin-price-will-surge-beyond-70k-this-week/
Traders await #Federal Reserve communications and economic data releases, predicting potential impact on Bitcoin's trajectory.
https://coinpedia.org/news/key-reasons-why-bitcoin-price-will-surge-beyond-70k-this-week/
CoinPedia
Will Bitcoin Price Breach $70,000? Key Week Ahead for the Crypto Market!
If there ever was a noteworthy display of resilience and upward momentum, it's this! Bitcoin is swiftly nearing levels not witnessed in the past two
• #Bitcoin achieves a record high surpassing $71,209 on #Coinbase.
🔵 Factors driving the surge include
• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.
#FED #BitcoinETF #ATH #CryptoNews
🔵 Factors driving the surge include
• Increased investment in new spot Bitcoin exchange-traded funds (#ETFs) and anticipation of interest rate reductions by the US Federal Reserve.
#FED #BitcoinETF #ATH #CryptoNews
#Bitcoin's price plunges to $66,690 with market cap at $1.30 trillion amid increased trading volume. #Cryptomarket
US #Fed Rate Cut uncertainty triggers market volatility; $821M #crypto holdings liquidated, offering buying opportunity.
https://coinpedia.org/news/here-are-the-4-key-reasons-why-bitcoin-eth-bnb-xrp-doge-price-crash/
US #Fed Rate Cut uncertainty triggers market volatility; $821M #crypto holdings liquidated, offering buying opportunity.
https://coinpedia.org/news/here-are-the-4-key-reasons-why-bitcoin-eth-bnb-xrp-doge-price-crash/
CoinPedia
Crypto Market Crash Today: Is This a Buying Opportunity?
Bitcoin, the leading digital currency, experienced a sudden drop, falling to $66,690 within a single day. This decline dragged its market value down to
Top #CryptoNews in The Last Week
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024
2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow
3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security
4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain
5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria
6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th
7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted
8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)
9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
Key Dates for #Crypto in June 2024
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
#CryptoMarket #CryptoNews
🔵US Consumer Price Index (#CPI) : Jun. 12, 2024 at 08:30 AM E.T
🔵US Producer Price Index (#PPI) : June 13, 2024, at 8:30 A.M. ET
🔵United States #Fed Interest Rate Decision : June 12 at 18:00 GMT.
🔵 Official Launch of #Ethereum: June 30, (2015- 9 Years back)
Why Did the #Fed Hold #InterestRates Steady?
What Does It Mean for #Bitcoin’s Future?
#Cryptomarket #Crypto #CryptoNews $BTC
Don't Miss This Interesting Article 👇
https://coinpedian.substack.com/p/whats-next-for-bitcoin-price-as-fed
What Does It Mean for #Bitcoin’s Future?
#Cryptomarket #Crypto #CryptoNews $BTC
Don't Miss This Interesting Article 👇
https://coinpedian.substack.com/p/whats-next-for-bitcoin-price-as-fed
Substack
What's Next for Bitcoin Price as Fed Keeps Interest Rates Unchanged?
Can Bitcoin Soar Amid Fed's Hawkish Tone?
🚨Key Events This Week🚨
🔵(18-06-2024) Tuesday: Release of May Retail Sales Data
🔵(19-06-2024) Wednesday: Stock Market Closed for Juneteenth(National Holiday)
🔵Speculation: Market events in El Salvador and China hint at a possible #Bitcoin rally
🔵(20-06-2024) Thursday: June Philly Fed Manufacturing Index to be announced
🔵(21-06-2024) Friday: S&P US Manufacturing/Services PMI data and May Existing Home Sales Data to be released
🔵#FED Activity: 10 scheduled FED speaker events throughout the week
Prepare for a busy week! 🚀🚀
#Crypto #CryptoNews #Cryptomarket $BTC
🔵(18-06-2024) Tuesday: Release of May Retail Sales Data
🔵(19-06-2024) Wednesday: Stock Market Closed for Juneteenth(National Holiday)
🔵Speculation: Market events in El Salvador and China hint at a possible #Bitcoin rally
🔵(20-06-2024) Thursday: June Philly Fed Manufacturing Index to be announced
🔵(21-06-2024) Friday: S&P US Manufacturing/Services PMI data and May Existing Home Sales Data to be released
🔵#FED Activity: 10 scheduled FED speaker events throughout the week
Prepare for a busy week! 🚀🚀
#Crypto #CryptoNews #Cryptomarket $BTC
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Check out US Treasury Secretary Janet Yellen with a 'Buy #Bitcoin' sign in the background, claiming the Federal Reserve is as transparent as a jellyfish in a fishbowl! 🤣 😂
hey, do you think the Fed really transparent? Comment👇👇👇
#CryptoNews #Cryptomarket #Crypto #FED $BTC
hey, do you think the Fed really transparent? Comment👇👇👇
#CryptoNews #Cryptomarket #Crypto #FED $BTC
Top #CryptoNews of Past 12 Hours
1️⃣ Matthew Sigel stated that launching a spot #SolanaETF depended on the 2024 presidential election outcome.
2️⃣ In June, #Fed officials saw improving inflation, held off rate cuts, noted cooling economic growth.
3️⃣ The U.S. #CFTC confirmed Bitcoin, Ethereum, OHM, ad Klima as commodities, regulating their futures trading.
4️⃣ #Uniswap team moved 2.359M UNI ($20.2M) to Coinbase Prime, holding 6.64M UNI ($56.77M) now.
5️⃣ On July 3, #Bitcoin spot ETFs had $20.4495M outflow; GBTC outflow was $26.9947M.
6️⃣The Russian government is exploring legalizing #stablecoins for international transactions to streamline cross-border payments.
1️⃣ Matthew Sigel stated that launching a spot #SolanaETF depended on the 2024 presidential election outcome.
2️⃣ In June, #Fed officials saw improving inflation, held off rate cuts, noted cooling economic growth.
3️⃣ The U.S. #CFTC confirmed Bitcoin, Ethereum, OHM, ad Klima as commodities, regulating their futures trading.
4️⃣ #Uniswap team moved 2.359M UNI ($20.2M) to Coinbase Prime, holding 6.64M UNI ($56.77M) now.
5️⃣ On July 3, #Bitcoin spot ETFs had $20.4495M outflow; GBTC outflow was $26.9947M.
6️⃣The Russian government is exploring legalizing #stablecoins for international transactions to streamline cross-border payments.
Top Reasons for $BTC Price Dump?
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.
🔵U.S. economic uncertainty: Investor concerns about inflation and interest rates impact #crypto prices.
🔵#Fed's rate cut outlook: Powell's remarks dampen hopes for 2024 rate cuts.
🔵Spot #BitcoinETF outflows: Significant withdrawals from Bitcoin ETFs indicate a de-risking strategy.
🔵Long #liquidations: Increased selling pressure from liquidated long positions drives market down.
🔵Weakening market structure: Technical analysis shows declining trend and loss of crucial support level
🔵#MtGox cold wallet transfer: Created uncertainty and panic as creditors cash out.
🔵German government #BTC sale: Increased selling pressure as the German government recently sold 7,583 BTC worth $419.5 million.