Key points: The US economy added 162,000 nonfarm payroll jobs in August, nearly triple economists’ consensus estimate of 56,000. Bitcoin sold off from $81,300 to local lows of $78,600 following the data, before recovering …
Tag:
Uncertainty
- Bitcoin & Ethereum
Ethereum Leads the Charge as Investors Pull $555 Million Amid Clarity Act Uncertainty
by adminby adminEthereum lost $555 million this week, while Bitcoin outflows reached $460 million, as the US Clarity Act delays fuel uncertainty and worry among investors. For the first time in a month, digital asset investment …
- Web3 Technology
Digital Asset Treasuries Draw In $2.6B Amid Crypto Market Uncertainty
by adminby adminIn brief DATs saw over $2.6B in inflows across two weeks, driven by the Fed rate cut and new FASB accounting rules allowing crypto gains to be booked as net income. The concentration in …
DeFi Market
Crypto Markets Slip For Third Day Amid Geopolitical Tensions and Fed Uncertainty
by admin
by admin
Bitcoin slides below $109,000 as investors react to trade frictions, developments in Venezuela, and expectations of an upcoming Fed rate cut. The cryptocurrency market fell on Thursday, extending losses for a third consecutive day …