The FOMC’s decision on Sept. 21 could cause traders to reduce their risk exposure, limiting the recent gains seen across the crypto market.
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Fed official believes CBDC isn’t needed at the moment
The United States Federal Reserve Vice Chairman for Supervision, Michael Barr, has opined that crypto requires a watchful regulation. Barr made this revelation on Wednesday
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery.
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The total crypto market cap continues to crumble as the dollar index hits a 20 year high
The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets.
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Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower
Precious metal markets have shuddered during the last few weeks, as gold’s price per ounce nears a six-week low hovering just under $1,700 per unit.
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Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading
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