Macroeconomics | ForkLog

ForkLog 13 25.01.2024

US Treasury Plans and Their Impact on Bitcoin Dynamics

The upcoming Federal Reserve meeting on January 31 and the release of the US Treasury’s borrowing plans could influence liquidity levels and, consequently, the dynamics of the leading cryptocurrency. This was reported by analysts at QCP Capital. In the first instance, experts anticipate information on the pace of the central bank’s balance sheet reduction. A […]

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ForkLog 65 16.01.2024

Arthur Hayes Explores Arbitrage Opportunities Following Bitcoin ETF Launch

The approval of a Bitcoin ETF in the United States has paved the way for a range of strategies at the intersection of the cryptocurrency market and TradFi. This was highlighted by former BitMEX CEO Arthur Hayes in his blog post. Opportunities will arise in the following areas: the process of creating and redeeming ETFs; […]

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ForkLog 14 11.01.2024

US Inflation Accelerates as Bitcoin Ignores Economic Data

Annual inflation in the US accelerated to 3.4% in December, surpassing the consensus forecast of 3.2% and the previous month’s figure of 3.1%. On a monthly basis, the consumer price index rose by 0.3%, a rate three times faster than in November. This figure also exceeded economists’ expectations of 0.2%. Data: CNBC. The index excluding […]

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ForkLog 8 13.12.2023

Fed holds key rate. Bitcoin barely moved.

On December 13, the U.S. Federal Reserve (Fed) held the target range for the federal funds rate at 5.25–5.5%.

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ForkLog 16 20.11.2023

Milei’s Victory in Argentina Elections Brings Bitcoin in Pesos Closer to ATH

Bitcoin, paired with ARS, moved toward a record high after reports of Milei's victory in the presidential election.

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ForkLog 20 20.11.2023

Bitcoin advocate Javier Milei elected Argentina’s president

Javier Milei was elected President of Argentina with an 11.4% margin after 99.3% of the votes were counted. The former libertarian deputy said he would 'burn' the central bank and abandon the peso in favor of the dollar to defeat inflation.

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ForkLog 8 17.11.2023

Experts Predict Capital Inflows Into Bitcoin After Fed Pivot

Bitfinex: the Fed's shift from tightening to easing monetary policy could have a positive impact on cryptocurrencies.

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ForkLog 16 14.11.2023

US inflation slows; Bitcoin fails to react to macro data

Year-over-year inflation in the United States for October slowed to 3.2%, below the consensus forecast of 3.3%. This is the first decline in the metric in four months.

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ForkLog 9 10.11.2023

Matrixport: Bitcoin to Reach $40,000–$45,000 in 2023

Matrixport: a breakout above $36,000 would push BTC toward the technical resistance at $40,000 and potentially set the stage for a move to $45,000 by the end of 2024.

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ForkLog 15 07.11.2023

Bitfinex: Bitcoin price supported by expectations of a softer Fed policy

Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.

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ForkLog 16 01.11.2023

Fed Holds Key Rate; Bitcoin Reacts Tepidly

On November 1, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25% to 5.50%.

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ForkLog 20 12.10.2023

U.S. inflation slowdown stalls; Bitcoin volatility returns

US consumer price inflation in September rose 3.7% year over year, as in the previous month, beating forecasts of 3.6%. Bitcoin traded with mixed moves around $26,800.

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#Macroeconomics