Tag: fed policy
Bitcoin Breaks $61K on Fed Inflation Hopes, Defies Tech Selloff
Bitcoin rallies 4% after Fed Chair Warsh signals easing inflation risks, while Asian tech stocks plunge on AI chip concerns. Jobs data looms as next market catalyst.
Bitcoin Eyes Recovery as Gold Breaks Key Technical Support
Gold falls below 200-day average for first time since 2023, signalling potential trend reversal. Bitcoin ratio offers modest relief amid dollar strength and Fed tightening bets.
Bitcoin Bounces Above $61K as Jobs Data Triggers Crypto Selloff
Bitcoin recovered from a $59,227 low after a strong U.S. jobs report sparked a broad market rout, liquidating $1.6 billion in leveraged positions across crypto markets.