On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]
Bitcoin Technical Analysis: Momentum Slows as Bulls Cool Down Following 4-Week Rally
Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows
Bitcoin’s price is holding above the $ 35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $ 35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally Takes a Breather Above $ 35,000 Global …