US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Traders Anticipate Volatility as Fed Chair Powell's Actions Could Impact BTC ...
Bitcoin Traders Anticipate Volatility as Fed Chair Powell's Actions Could Impact BTC Price
===============
#4b5de303 ver:0.47
Bitcoin traders anticipate volatility as Federal Reserve Chair Jerome Powell's actions could impact BTC price. The launch of a $1 billion liquidity fund for Hong Kong crypto ETFs highlights growing interest in cryptocurrencies in Asia. Core Scientific's Q1 net income of $210.7 million and production of 2,825 BTC demonstrates the profitability of Bitcoin mining. Traders await U.S. inflation data to determine if the Fed will lower interest rates, with reducing inflation expected to be good for risk assets like Bitcoin. The RSI breaking above a descending trendline and a negative Coinbase premium could lead to a BTC price rebound. #Bitcoin #volatility #Fed #cryptoETFs #Bitcoinmining #inflation #interestrates...
#newstr #Bitcoin #FederalReserve #BtcPrice #UsMacroeconomicData #InflationData #InterestRates #FomcMeeting #RiskAssets #RelativeStrengthIndex #Rsi #UnemploymentRate #CoinbasePremium #Cryptoquant #Moustache
https://here.news/story/4b5de303?ver=0.47
===============
#4b5de303 ver:0.47
Bitcoin traders anticipate volatility as Federal Reserve Chair Jerome Powell's actions could impact BTC price. The launch of a $1 billion liquidity fund for Hong Kong crypto ETFs highlights growing interest in cryptocurrencies in Asia. Core Scientific's Q1 net income of $210.7 million and production of 2,825 BTC demonstrates the profitability of Bitcoin mining. Traders await U.S. inflation data to determine if the Fed will lower interest rates, with reducing inflation expected to be good for risk assets like Bitcoin. The RSI breaking above a descending trendline and a negative Coinbase premium could lead to a BTC price rebound. #Bitcoin #volatility #Fed #cryptoETFs #Bitcoinmining #inflation #interestrates...
#newstr #Bitcoin #FederalReserve #BtcPrice #UsMacroeconomicData #InflationData #InterestRates #FomcMeeting #RiskAssets #RelativeStrengthIndex #Rsi #UnemploymentRate #CoinbasePremium #Cryptoquant #Moustache
https://here.news/story/4b5de303?ver=0.47