Recession fears investors’ search for safe havens. Is bitcoin a good choice?
Investors are increasingly concerned that a recession could begin in the United States later this year, as the Federal Reserve on Wednesday raised its key interest...
Tagged: US Dollar Index (DXY)
Bitcoin at ‘redemption arc’ as banking pressure mounts, AllianceBernstein says
Cryptocurrencies are experiencing a “redemption arc” as bitcoin rallies and investors keep an eye on pressures in the US banking system, according to analysts at AllianceBernstein....
Why a strong US dollar could benefit crypto in the long term
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that hits your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll be walking...
Bitcoin is on a bumpy ride. Where the latest crypto rally could top.
Text size Bitcoin prices are back in the familiar $20,000 to $25,000 range. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were in for a...
The USD rally is likely to continue. And that’s bad for crypto
The US dollar’s ongoing strength could put more downward pressure on crypto prices that have already suffered along with other risk assets, as bitcoin has lost...
Bitcoin prices rise ahead of key inflation data. Where CPI could send cryptos.
Text size Crypto prices are likely to fluctuate in line with stocks following the release of inflation data. Dreamstime Bitcoin Prices rose on Tuesday as investors...
Bitcoin prices rise ahead of key inflation data. Where CPI could send cryptos.
Text size Crypto prices are likely to fluctuate in line with stocks following the release of inflation data. Dreamstime Bitcoin Prices rose on Tuesday as investors...
Bitcoin prices fall to yearly lows. Where do cryptos stop falling?
Text size Crypto prices took their last dramatic leg down late Tuesday. Dusan Zidar/Dreamstime Bitcoin Prices plunged to their lowest levels all year on Wednesday, dragging...