September 20 US Federal Reserve System (FRS) saved the key rate range is 5.25–5.5% per annum. The decision coincided with market expectations. According to the Fed, U.S. inflation remains high, unemployment remains low, and economic activity continues to grow at a strong pace. “The US banking system is strong and resilient. Tighter credit conditions for … Read more
Bitcoin, Ethereum and other cryptocurrencies have gained renewed attention this year due to the ongoing U.S. regional banking crisis that is expected to worsen in the future. To navigate the volatile market, subscribe to Forbes’ CryptoAsset & Blockchain Advisor, which provides up-to-date information about the latest developments. Bitcoin’s price has surged nearly 100% since hitting … Read more
The first cryptocurrency reached $24,900, corresponding to the price values of August last year. Over the past day, digital gold has risen in price by 11.5%, according to CoinGecko. At the time of writing, the asset is trading near the $24,700 level. BTC/USDT daily chart on Binance exchange. Data: TradingView. February 16, 2023 | 18:22Update: … Read more
Disclaimer Forecasts of financial markets are the private opinion of their authors. The current analysis is not a guide to trading. ForkLog is not responsible for the results of the work that may occur when using the trading recommendations from the submitted reviews. Despite the unsuccessful attempts by the price of bitcoin to restore support … Read more
The beginning of 2023 pleases with the steady growth of bitcoin. Tired of the exhausting bear market, users are probably wondering if what is happening does not mean a radical change in trend. Armed with technical analysis tools, on-chain indicators and expert opinions, ForkLog figured out the current situation. Bitcoin at the beginning of the … Read more
On the night of Saturday, January 21, the quotes of the first cryptocurrency broke the $22,000 level for the first time since September 2022. Over the past day, the asset has grown by 8%, according to CoinGecko. January 21, 2023 | 13:08Update: The price of bitcoin exceeded $23,000 for the first time since August 2022. … Read more
The first cryptocurrency is bottoming in the same way as it did before the start of the bullish phase in 2019. The essential difference lies in the tightening of monetary policy in the world. This was stated by Bloomberg strategist Mike McGlone. Four years ago there was a widespread reduction in interest rates by monetary … Read more
On background publications According to inflation data from the US Federal Bureau of Labor Statistics (BLS), the quotations of the first cryptocurrency have increased by 5% and have reached $18,000. Hourly BTC/USDT chart on Binance exchange. Data: TradingView. At the time of writing, Bitcoin is trading at $17,800, Ethereum is above $1,300. According to the … Read more