Grayscale research suggests that the Federal Reserve's recent interest rate hike will likely have little impact on the price of bitcoin, viewing the move as a mid-cycle adjustment rather than a cyclical change.
Bitcoin prices stabilized after an expected Federal Reserve rate hike by the U.S. central bank, lifting the benchmark rate to between 3.75% and 4% amid ongoing inflation concerns.
Bitcoin dropped over 2% to trade near $77,208 following renewed military clashes between the United States and Iran that pushed oil prices above $105 per barrel.
Bitcoin fell below $80,000 following an unexpectedly strong U.S. jobs report, which heightened concerns about potential Federal Reserve interest rate hikes and impacted the cryptocurrency market.
Bitcoin dropped over 2% to trade at $77,363 as escalating military conflicts between the United States and Iran prompted a risk-off investor stance and rising oil prices.
Bitcoin approached the $81,000 threshold, extending its weekly gains to 10 percent ahead of Federal Reserve Chair Kevin Warsh's keynote address at the Jackson Hole symposium.
Bitcoin Magazine ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto The U.S. will seize $1 billion of Iran’s crypto this week, U.S. Treasury Secretary Scott Bessent has said. It isn’t clear which asset though. This post ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s…
Bitcoin software provider Breez reports a 14-fold surge in partnership inquiries as AI coding assistants like Anthropic's Claude Code integrate bitcoin payment capabilities into diverse applications.
Cryptocurrency exchange WhiteBIT has integrated the Lightning Network to enable faster and more efficient Bitcoin deposits and withdrawals using infrastructure from Voltage.
Greece is reportedly preparing a draft bill to introduce a 15% capital gains tax on cryptocurrency investors, featuring exemptions, loss-carry-forward provisions, and planned implementation steps.
Bitcoin Magazine Bitcoin Falls Below $81,000 as Oil Spikes, Fed Talks Tough The price of bitcoin has continued to drop this week, spurred by fears that the Federal Reserve is increasingly tempted to raise interest rates. This post Bitcoin Falls Below $81,000 as Oil Spikes, Fed Talks Tough first appeared on Bitcoin Magazine and is…