By James Van Straten (All times ET unless indicated otherwise)Bitcoin's (BTC) flirt with a record high $124,000 on Thursday was followed by a drop that led to it closing last…
In brief
U.S. wholesale prices rose 0.9% in July, the largest monthly gain in more than three years, dimming prospects for a September Fed rate cut.
Bitcoin and Ethereum retreated from recent…
Polygon's POL token tumbled 6% on Thursday, falling through key support levels as higher-than-expected U.S. inflation data shook risk assets.POL traded in a wide 10% range over the past 24…
Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower.The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for…
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In brief
The Consumer Price Index rose 2.7% in the 12 months through July.
Tuesday’s inflation reading was cooler-than-expected.
September rate cut odds slightly fell after the release.
The price of Bitcoin and other…
A newly emerged cryptocurrency whale has purchased $1.34 billion worth of Ether in the past eight days, outpacing record US spot Ether ETF inflows and fueling speculation over the token’s…
In brief
Bitcoin's weekend rally stalled Monday as traders booked profits.
Experts suggest a potential drawdown if Tuesday’s U.S. CPI print comes in hotter than expected.
Bitcoin options data shows traders are…
Bitcoin bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data.The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension…
In brief
Bitcoin has rebounded 4.5% since Saturday, nearing its mid-July record of $122,838.
Derivatives data shows a jump in open interest, pointing to a surge in leveraged long bets.
Traders are watching…