The second largest cryptocurrency, Ethereum (ETH), continued to rally on Tuesday, extending a three-day winning streak. Ethereum rose to intraday highs of $1,701 before settling to trade at $1,686 at ...
Tag: higher
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision – Bitcoin News
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for a...
BNB blasts higher by more than 13% as cryptos rally
The value of Binance Coin (BNB) has experienced a notable surge, as it is currently trading at $309.83, with a 24-hour trading volume of $1,448,739,161. This represents an impressive increase of 13.00...
LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday – Market Updates Bitcoin News
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly...
People & Policies Propel Markets Higher
China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...
Jobs Report Offers Mixed Results And Fed Says Interest Could Go Higher Than Expected
Getty Images TL;DR This weeks jobs report offered up mixed results, with new payrolls of 311,000 beating expectations, at the same time as unemployment rose and wages stayed broadly flat Fed Chairman ...
MATIC rebounds Higher despite Crypto Crash…Buy MATIC at a Discount?
The crypto market collapsed as Silvergate and Silicon Vallet Bank announced their bankruptcy. Most cryptos collapsed by an average of 8% in the past 7 days. MATIC was among the cryptocurrencies that c...
ETH finds support at $1,430, spikes higher – Cryptopolitan
The Ethereum price analysis shows a positive outlook for ETH, with the low of $1,430 being supported by bulls. The price has since spiked higher and is trading above the midline of the ascending chann...
Celsius Network Open For Higher Bids Post NovaWulf Offering
13 seconds ago | 2 mins read Defi News Celsius Network said on Wednesday that it was in talks with another possible buyer. After halting client withdrawals in July, Celsius filed for bankruptcy. Despi...
Stocks open higher after weak initial claims data
Stocks opened Thursday’s trading session higher following labor market data that was weaker than expected and ahead of Friday morning’s key February jobs report. Shortly after the opening ...
High Electricity Prices Will Go Even Higher Unless We Change Course
Melville, N.Y.: Power lines along Ruland Road in Melville, New York on February 13, 2020. (Photo by … [+] Steve Pfost/Newsday RM via Getty Images) Newsday via Getty Images Inflation remains stub...
Cardano Price Crash BUT Prices should retrace higher?
The crypto market is still retracing lower. However, prices have reached a strong support. This is especially true for Cardano, as its prices retraced back towards the support area delimited by $0.30 ...
Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes – Economics Bitcoin News
Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fe...
XLM price rises in down market, follows XRP higher
XLM’s price is following XRP up on a rough day for cryptos, but there may not be a connection between the two. With all the buzz hovering around XRP and the legal case versus the SEC. While XLM has ri...
XRP Hits 2-Week High, SHIB Marginally Higher – Market Updates Bitcoin News
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.2...
XRP blasts higher with crypto market under selling pressure
The ongoing legal battle between Ripple and the SEC over the classification of XRP has impacted the cryptocurrency market, amidst bitcoin’s downtrend. The ongoing legal battle between Ripple and the S...
Bitcoin Volatility Picks Up as Powell Reiterates Inflationary Pressure Higher Expected
The Bitcoin price has picked up some steam throughout the past few minutes, and the primary reason for this seems to be the fact that Jerome Powell is testifying before Congress. The Chairman of the ...
Fed says interest rates poised to go ‘higher than previously anticipated.’ Here’s a simple way to profit from that
Fed Chair Jerome Powell testified before the Senate Banking, Housing and Urban Affairs Committee on Tuesday. mandel ngan/Agence France-Presse/Getty Images As part of the continued effort to reduce inf...
Stock futures edge higher ahead of more Powell testimony
U.S. futures were flat ahead of the open as Wall Street awaits for more testimony from Federal Reserve Chair Jerome Powell on Wednesday, this time before the House Financial Services Committee. Future...
BTC Falls Below $22,000, as Powell Warns of Higher Rates – Market Updates Bitcoin News
Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected ...
Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
Most other major cryptos were largely in the red, aligning with equities markets, which also wrestled with Powell’s remarks. The S&P 500, Wall Street’s benchmark equity index, closed down 1....
Stocks fall after Powell tells Congress rates could go ‘higher’
U.S. stocks were under pressure on Tuesday after Federal Reserve Chair Jerome Powell told Congress that interest rates are likely to go “higher” in the face of persistent inflation. Near 2...
Powell tells Congress rates will likely be ‘higher than previously anticipated’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday interest rates are likely to rise more than previously expected as the central bank works to bring down inflation, which remains stubbornl...
Bitcoin (BTC) Dips $22,000 as Fed Chair Says Interest Rates Will Likely Be Higher
Alex Dovbnya Investors will be closely watching Powell’s comments on the Fed’s inflation targeting steps This Tuesday, the Committee on Banking, Housing, and Urban Affairs will hold a hear...
Fed Triggers Bitcoin and Crypto Flash Crash As Jerome Powell Declares Rates Could Rise Higher Than Expected
Comments from US Federal Reserve Chairman Jerome Powell sent global markets and Bitcoin into a free fall on Tuesday. But so far, BTC has bounced back. In a U.S. Senate Banking, Housing, and Urban Affa...
CoinFLEX’s restructuring plan approval propels FLEX token higher
Ad Embattled crypto exchange CoinFLEX said it received approval for a restructuring plan from the Seychelles courts on March 6. The exchange added that it was halting the trading of locked assets lik...
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC. Kevin Dietsch | Getty Images Federal...
Biden Proposes Taxing Higher Income Earners To Help Save Medicare
Topline The White House unveiled a budget proposal Tuesday to extend funding for Medicare at least till the 2050s by raising taxes on high-income individuals and negotiating lower prices for prescript...
U.S. stock futures inch higher ahead of Powell testimony
U.S. stock futures were a touch firmer on Tuesday, though trading was muted ahead of testimony by Federal Reserve Chairman Jerome Powell. How are stock-index futures trading S&P 500 futures ES00, ...
Opinion: Powell will have to push rates even higher for the Fed to get inflation to 2%
Inflation is proving tougher to curb than Federal Reserve Chairman Powell anticipated, and despite indicators that a recession could be coming, consumers and businesses apparently haven’t gotten the m...
Opinion: The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?
By this time last year, every stock market forecast made for 2022 was wrong. The U.S. stock market peaked on the first trading day of 2022 and went downhill from there. This year, every forecast made ...