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Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

[Oct 5 1:30 AM] A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are…

Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

[Sep 6 5:10 PM] Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of…

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

[Aug 23 5:16 PM] Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s…

US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets

[Aug 22 6:30 PM] QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on…

Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

[Aug 15 1:05 AM] In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor…

Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

[Aug 11 4:00 AM] Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash…

US Treasury Secretary Janet Yellen Declares ‘Soft Landing’ Reached, Americans Recovering Optimism

[Jan 8 12:30 AM] Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation…

Powell: More Rate Hikes May Be Needed to Curb Inflation

[Aug 25, 2023 12:30 PM] The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell…