Dollar stays close to a three-week peak ahead of CPI data; Bitcoin remains above $120,000
Market Update: Dollar and Cryptocurrencies TOKYO – The US dollar lingered near three-week highs as traders anticipated the release of inflation data later in the day, which could offer insights into future monetary policy. The US currency also found support from rising Treasury yields amidst President Trump’s ongoing criticisms of the Federal Reserve’s chairman. There’s […]
Bitcoin reaches new peak over $120,000 as lawmakers evaluate cryptocurrency legislation
Bitcoin Hits Record Highs Amid Regulatory Hopes On Monday, Bitcoin surged to new heights, fueled by investor optimism that clearer regulations on cryptocurrencies might be on the way, thanks to ongoing discussions in Congress led by Republicans. As Bitcoin approached the $120,000 mark, it even reached an all-time high of over $123,000. This milestone represents […]
Bitcoin Reaches New Peak, Yet Altcoins Are Gaining Attention
Bitcoin has hit new price heights recently, and the market’s ripple effect is being felt across various altcoins. On July 11th, Bitcoin soared to an unprecedented peak of $118,731. Still, it seems that Bitcoin’s dominance is experiencing a slight decline. Matthew Hyland, a notable figure in the crypto space, suggested that altcoins may even hold […]
Economic Optimism Reaches Peak Levels Not Seen in Years
Positive Vibes About the Economy These days, many Americans are feeling optimistic about the economy—more so than they have in years. It’s somewhat of a surprise, especially when scrolling through all the negative headlines in financial news or the constant critical chatter on business TV networks. Even when positive reports about the labor market come […]
How ethereum reached a five-month peak, returning to the $3,000 mark
Ethereum’s Recent Surge Ethereum has been on the rise lately. The cryptocurrency associated with blockchain has seen a 6% increase in just the past day and an impressive 18% over the week, breaking the $3,000 mark for the first time since February early on July 11th. “Definitely, ETH prices are a win for us because […]
Measles cases in the US reach a 30-year peak, with close to 1,300 reported cases
Measles cases in the United States have soared to their highest level in 33 years, with around 1,300 incidents recorded over the last seven months, as reported by the Centers for Disease Control and Prevention. The total number of confirmed measles cases has reached at least 1,288, marking the highest figure since 1992. More than […]
Measles cases in the US reach a 33-year peak, according to CDC data
Measles Cases in the U.S. at a 30-Year High According to the latest data from the Centers for Disease Control and Prevention (CDC), the number of measles cases in the United States has reached its highest level in over three decades. As of Tuesday, there have been 1,288 confirmed cases across 38 states. Texas accounts […]
Bitcoin does not have lasting momentum for a new peak as traders are cautious.
Analysts from Bitfinex report that traders are hesitant to invest in Bitcoin at its current price as the cryptocurrency struggles to move past its all-time high of $111,970. “The bulls can’t hesitate or elevate prices significantly without new catalysts or clearer macro signals,” noted a Bitfinex analyst in a market overview on Tuesday. Bitcoin (BTC) […]
Gold Price Outlook: XAU/USD remains steady close to weekly peak around $3,360 as US NFP draws attention
Gold Market Update Gold prices hover around $3,365 ahead of US NFP data for June. In June, the US private sector saw job cuts as businesses reduced their workforce. Gold prices are attempting to maintain the upward triangle formations on daily charts. During Thursday’s European trading session, gold (XAU/USD) is maintaining a profit near $3,365, […]
Japanese Yen drifts down from a one-month peak against USD due to tariff concerns
The Japanese yen is seeing some selling pressure following Trump’s comments about the US trade deal. Positive risk sentiment is putting additional pressure on the safe-haven JPY while supporting the USD/JPY pair. Expectations divergence between the Bank of Japan (BOJ) and the Federal Reserve may benefit JPY bulls and constrain the currency pair’s movement. The […]