Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls. The report showed that the...
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US Non-farm Payrolls (NFP) data released on...
Custodia Bank has announced layoffs due to financial pressures linked to the Joe Biden’s admin regulatory stance on digital assets. The bank will reduce its workforce...
Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset...
The recent US jobs report has significantly impacted the cryptocurrency market, wiping out over $500 million in Bitcoin open interest. This drastic market movement comes after...