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 commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence […]
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure and critical valuation metrics suggesting potential for further decline. Cryptoquant Analysis: Bitcoin Plummets Amid Bearish […]
On June 17, 2024, ethereum is priced at $ 3,521, fluctuating between $ 3,495 and $ 3,645 over the past 24 hours. Ethereum On the 1-hour chart, ethereum’s (ETH) recent high is $ 3,652, and the low is $ 3,484. The trend has been bearish following the peak on June …
Ethereum’s price on May 27, 2024, stands at $ 3,908, reflecting a strong upward trend in the recent trading sessions. Ether’s intraday range has been between $ 3,795 to $ 3,953 over the past 24 hours. Ethereum Ethereum’s 1-hour chart reveals a steady upward trend starting from May 26, peaking at approximately …
Bitcoin is currently priced at $ 67,350, with a market capitalization of $ 1.32 trillion and a trading volume of $ 42.36 billion. The cryptocurrency’s price has fluctuated within the range of $ 66,665 to $ 70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal …