Macroeconomics | ForkLog

ForkLog 12 03.10.2023

Analysts weigh the odds of a fresh rally in the crypto market

QCP Capital: BTC rose by an astonishing 9% over the previous three days, offsetting the negative close of Q3 (-12%), but a retest of $25,000 cannot be ruled out.

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ForkLog 16 02.10.2023

Shutdown fears spur inflows into crypto funds

Fears of a possible US government shutdown spurred purchases of cryptocurrency investment products in the period from 23 to 29 September. Inflows totaled $21 million, according to CoinShares analysts.

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ForkLog 13 25.09.2023

Rising US government-bond yields dampen Bitcoin’s appeal

Since the start of the third quarter, the leading cryptocurrency and the S&P 500 have fallen by 14% and 3%, respectively. The reason lies in rising yields on risk-free U.S. government bonds, CoinDesk reports.

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ForkLog 12 20.09.2023

Fed Holds Key Rate; Bitcoin Slips Modestly

On September 20, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25–5.50%.

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ForkLog 13 13.09.2023

U.S. inflation accelerates; Bitcoin retreats on modest selling.

The core inflation rate in the United States slowed in August, from 4.7% to 4.3%, though above forecasts. Bitcoin retraced to around $26,000, giving back the day's gains.

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ForkLog 10 25.08.2023

Bitcoin swings on Fed chair’s remarks

Chair Jerome Powell confirmed the Fed's readiness to continue raising the policy rate if necessary.

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ForkLog 6 23.08.2023

BIS warns of crypto risks for developing economies

BIS: factors of vulnerability in digital asset markets may pose risks to financial stability in developing-market economies.

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ForkLog 7 17.08.2023

Fed Minutes Release Triggers Bitcoin Selling

In the night of August 17, Bitcoin prices fell to a two-month low below $28,400.

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ForkLog 11 02.08.2023

Grayscale Ties Bitcoin Prospects to U.S. GDP Soft Landing

The crypto market rebound this year will materialize if the U.S. economy can achieve a soft landing, according to Zack Pandl, Grayscale Investments' director of research.

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ForkLog 10 26.07.2023

Bitcoin Unchanged After Fed Rate Hike

On July 26, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5.25-5.50%.

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ForkLog 10 12.07.2023

US inflation slows; Bitcoin rallies

Growth of consumer prices in the US slowed year-on-year in June from 4% to 3%, below economists' forecast of 3.1%. Bitcoin jumped to around $31,000, lifting its daily gain to about 1%. In month-on-month terms, prices rose 0.2% — twice the pace of May — but came in above economists' expectations (0.3%).

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ForkLog 10 22.06.2023

Fed to raise rates further, but not as aggressively

The Fed is likely to raise rates in the coming months, but at a slower pace than before, according to Federal Reserve Chair Jerome Powell, The Wall Street Journal reports.

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#Macroeconomics