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NFP report

Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June

Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for JuneWhile precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. Greenback Climbs Higher Amid Economic Uncertainty […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report  

Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report  Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news, hitting a six-week low. Bitcoin Bitcoin fell by […]

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire