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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
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2024-05-14 00:01:31

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin's Price Rises Amid Anticipation of US Inflation Data =============== ...

Bitcoin's Price Rises Amid Anticipation of US Inflation Data
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#4b5de303 ver:0.49

Bitcoin's price rises amid anticipation of US inflation data, with factors such as a $1 billion liquidity fund for Hong Kong crypto ETFs and strong Q1 earnings from Core Scientific driving interest. Traders await Federal Reserve Chair Jerome Powell's actions, with a 72% chance of rates remaining the same. The global crypto market cap increases by 1.8%, led by Bitcoin. Resistance at $68,000 and support at $60,000. US inflation data will impact BTC and traditional markets. Bitcoin's resilience and market dynamics will be closely monitored for future price movements. #Bitcoin #inflation #crypto #investing...

#newstr #Bitcoin #CryptoMarket #LiquidityFund #HongKongCryptoEtfs #AsiaBullMarket #FederalReserve #BtcPrice #UsInflationData #Investors

https://here.news/story/4b5de303?ver=0.49
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