Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight

The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.

• 2023-07-11
• Consumer Price Index Edward Moya Federal Reserve

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

• 2023-05-16
• CoinDesk Bitcoin market capitalization Edward Moya foreign exchange market regulatory uncertainty cryptocurrency

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading

Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

• 2023-05-10
• Bitcoin CoinDesk Edward Moya market capitalization Mark Connors Bitcoin Cash

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.

• 2023-05-02
• First Republic Bank market capitalization CoinDesk Edward Moya banking sector federal regulators

Bitcoin Tumbles Below $28K on Coinbase

BTC’s price dipped to the lowest level since April 9. Ether also dropped, albeit less severely.

• 2023-04-21
• market capitalization foreign exchange market Edward Moya cryptocurrency Coinbase exchange

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.

• 2023-03-27
• Coinbase CoinDesk liquidity crisis Euler Finance Bitcoin Edward Moya

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

• 2023-03-24
• market capitalization Edward Moya cryptocurrency Eric Chen foreign exchange market market rally

First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear

ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.

• 2023-02-09
• Jerome Powell John Williams Bitcoin Edward Moya market volatility CoinDesk Brian Armstrong Bitcoin Cash foreign exchange market Federal Reserve

First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.

• 2023-02-07
• Japan Jay Powell digital assets NFT Fed CoinDesk Americas Edward Moya Jerome Powell crypto Edward Moya