June 15, 2023 1:54 pm
The price of Bitcoin fluctuated considerably during the course of the last 24 hours, peaking at $26,017.77 and falling to $24,902.15, respectively, from a starting price of around $25,984.32. These price ranges suggest a moderate level of market volatility. Key Points: Bitcoin’s value falls under $25,000 Opening at $25,984.32, the price ranged between $24,902.15 and […]
Read moreJune 14, 2023 8:44 am
EUR/USD traded not far from recent three-week peak, as surprisingly soft US CPI inflation report reinforced prospects that the Federal Reserve would probably abstain from raising interest rates later on Wednesday. US consumer price inflation slowed down to 4% in May, or the lowest annual level since March 2021, data by the Bureau of Labor […]
Read moreJune 11, 2023 1:42 pm
According to digital assets data provider Kaiko, Bitcoin traded at a slight discount on Binance.US during the June 9 trading hours. The drop followed the exchange’s decision to suspend fiat trading channels beginning June 13. #BTC now trades at a slight discount on https://t.co/pup2WYms9R after news broke that the exchange may halt USD withdrawals 🚨 […]
Read moreJune 11, 2023 11:30 am
*Mysterious Bitcoin whale moves over $36 million in BTC after 10 years of dormancy, revealed in a tweet Ki Young Ju, CEO of CryptoQuant. *On-chain data reveals that 1,400 BTC was sent to a Pay-to-Taproot (P2TR) address. *P2TR transaction provides enhanced privacy and flexibility for users. *In 2023, several long-dormant Bitcoin wallets have suddenly become […]
Read moreJune 6, 2023 9:07 am
AUD/USD registered a fresh three-week high on Tuesday after the Reserve Bank of Australia delivered an unexpected rate hike, which brought borrowing costs to their highest level since April 2012. The RBA raised its cash rate by 25 basis points to 4.10% at its June policy meeting earlier on Tuesday, while confounding market expectations of […]
Read moreMay 26, 2023 8:59 am
EUR/USD remained pinned near a two-month trough on Friday as investors awaited the outcome of US debt talks, while the common currency was pressured by confirmation that Germany’s economy plunged into a recession during the first quarter. A final GDP estimate showed on Thursday that German economy had contracted at an annualized rate of 0.5% […]
Read moreMay 16, 2023 8:53 am
GBP/USD retreated as much as 0.5% on Tuesday, after a surge in UK’s unemployment rate suggested the Bank of England might hike interest rates fewer times in the upcoming months to curb inflation. The rate of unemployment in the United Kingdom rose 0.1 percentage points to 3.9% during the first quarter of the year, the […]
Read moreMay 9, 2023 8:34 am
GBP/USD traded little changed not far from fresh one-year high on Tuesday, with Sterling underpinned by expectations the Bank of England will hike interest rates at its policy meeting on Thursday. The central bank is expected to lift borrowing costs to 4.5%, as it battles the highest inflation of any major economy. “The BoE has […]
Read moreMay 2, 2023 8:04 am
AUD/USD surged more than 1% on Tuesday after the Reserve Bank of Australia delivered an unexpected rate hike, which brought borrowing costs to their highest level since April 2012. The RBA raised its cash rate by 25 basis points to 3.85% at its May policy meeting earlier on Tuesday, while confounding market expectations of an […]
Read moreApril 25, 2023 8:28 am
EUR/USD traded in proximity to a fresh one-week high on Tuesday on expectations of a 50 basis point interest rate hike by the European Central Bank at its upcoming policy meeting next week. ECB board member Isabel Schnabel said in an interview with Politico that a 50 basis point rate hike was not off the […]
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