Bitcoin Slides as Blowout Jobs Report Revives Fed Hike Odds
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Bitcoin Holds, Wall Street Stalls as Oil Shock Revives Fed Hike Bets
Bitcoin is defending its golden zone support while the S&P 500 grinds inside its tightest range yet, both waiting on Friday's inflation report before the Fed's September 16 rate call.
Markets pivot to September Fed rate hike: Five things to know in Bitcoin this week
Bitcoin approached the August monthly close below key resistance with markets once again pricing in a Federal Reserve interest-rate hike in September.
Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.
Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.
Markets tilt toward September rate hikes: Five things to know in Bitcoin this week
This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level.
Surprise nonfarm payrolls print sends Bitcoin back below 80K
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.