Tag: Bitcoin

Bitcoin dropped 3% in the past 24 hours, trading at approximately$103,222. Uncertainty over the Federal Reserve’s December interest rate cut has increased, with odds now at 66.9%. Traders are focused on the upcoming October CPI report, which could influence risk appetite and crypto prices. Bitcoin has extended its recent decline, slipping below $103,000 on Tuesday as investors grapple with fading expectations for a...

Bitcoin recovery: The leading cryptocurrency rebounded to near $106,000 after an initial dip, driven by optimism over a potential resolution to the 39-day U.S. government shutdown. Liquidity potential: Ending the shutdown could release $150-200 billion from the Treasury General Account, boosting bank reserves and risk assets like crypto. Regulatory risks: A prolonged stalemate may stall key legislation, including the CLARITY Act...

The US Senate has advanced a bipartisan funding bill to end the 40-day government shutdown, sparking a relief rally in crypto markets. Bitcoin rose 4.4% to $106,119, while Ethereum surged 7.8% to $3,632 in the past 24 hours. Analysts see the resolution as a positive liquidity signal, potentially unlocking delayed ETF approvals and boosting institutional inflows. Cryptocurrency prices surged on Monday following reports that...