News
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Bitcoin Smashes $82K as ETF Flows Power Breakout
BTC retreats from $87,300 but remains above the key $82K breakout level Despite the Clarity Act Senate setback, Bitcoin broke through the key resistance at $82,000 and peaked…
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Fed Rate Hike Sends Dollar Higher as Further Tightening Looms
EUR/USD breaks below 1.1500 after losing support at 1.1600 The dollar got a boost last week after the Federal Reserve raised interest rates by 25 basis points, bringing…
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Bitcoin Shrugs Off Clarity Act Defeat and Fed Rate Hike
BTC holds above $75K while the rising 50-day MA points to improving momentum The Clarity Act failed in the Senate on Tuesday, after a 49 – 50 vote,…
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Hotter CPI Boosts Rate Hike Bets Ahead of Fed Decision
EUR/USD compresses near 1.1600 after testing support. The US Dollar Index (DXY) jumped after the release of the US Consumer Price Index (CPI), but erased all gains and…
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Bitcoin Slips as Clarity Act Doubts Weigh on Market
BTC forms a double top at $82,000 as ETF outflows add to selling pressure. Bitcoin is facing renewed sell pressure after another failed attempt to surpass $82,000, with…
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NFP Blowout Raises Rate Hike Bets Ahead of CPI
EUR/USD holds above 1.1600 after repeated bounces from the 100-day MA The dollar got a massive boost on Friday from a stellar jobs report, which massively surpassed market…
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Bitcoin Loses Momentum as Rate Hike Bets Climb
BTC consolidates below $82K after an overbought RSI signaled rising pullback risk. After the massive mid-August breakout, Bitcoin bulls packed their bags, the price started to drift lower,…
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Warsh Revives Fed Hike Bets as NFP Takes Center Stage
EUR/USD pulls back toward the 100-day MA after rejection at 1.1700 resistance. The dollar received a solid boost last week after Fed Chair Warsh’s speech at the Jackson…
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Bitcoin Bulls Face $82K Hurdle as ETF Inflows Surge
BTC struggles below $82K as overbought RSI raises the odds of a correction. After the massive rally started on August 17, Bitcoin pierced the $80K level several times,…
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Fed Minutes Reveal Hawkish Tone as PCE Comes Into Focus
EUR/USD challenges 1.1700 as overbought RSI points to pullback risk The Federal Open Market Committee (FOMC) Meeting Minutes landed on Wednesday last week and revealed a slightly hawkish…
