ECB Holds Rates Steady as Rising Energy Prices Threaten Inflation
The ECB holds its deposit rate at 2.50%, refinancing rate at 2.65% and marginal lending rate at 2.90%, warning of energy-driven inflation risks.
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US producer inflation exceeded forecasts in September, while Bitcoin slipped toward $80,500 and jobless claims remained low at 199,000.
Wintermute sees calmer long-term Treasury yields and renewed spot ETF inflows as conditions for a crypto recovery after Bitcoin and Ether funds lost $1.22 billion.
Bitcoin recovered to about $82,683 after Trump ruled out Iran strikes before the midterms, while Ether remained below $2,500 and major altcoins lagged.
Bitcoin came within $4 of $87,000 on Coinbase before retreating on Monday, following Friday’s climb above the level and late-session sell-off.
Bitcoin briefly topped $85,000 after August core PCE came in at 3.0%, below the 3.3% consensus, before giving back its initial gains.
A potential second Federal Reserve interest rate hike poses a far greater immediate risk to Bitcoin's price trajectory than legislative delays surrounding the Senate's CLARITY Act,…
Following the Bank of Japan's interest rate hike to 1.25%, Japanese government bond yields reached levels unseen in decades, triggering discussion over yen carry trade unwinding…
Bitcoin touched $85,000 for the first time since January after a 24-hour rally forced more than $648 million in short liquidations, lifting broader cryptocurrency markets alongside…
BitMEX co-founder Arthur Hayes predicts that stealth monetary expansion in the United States could drive Bitcoin to between $250,000 and $500,000, while identifying Ethereum as the…
Despite facing an onslaught of bearish macro drivers, including Middle East military escalation, rising oil prices, and hawkish signals from the Fed, Bitcoin's resilience at the…
Following an in-line July US Consumer Price Index print, Bitcoin retreated below $64,000 as market participants weighed Federal Reserve policy timelines, options positioning, and onchain distribution…
Ethereum’s price recovery has stalled below the psychological $2,000 threshold, hindered by Federal Reserve interest rate policy, geopolitical tensions, and legislative delays in Washington.