Bitcoin breaks $114K as cooling US PPI data boosts Fed rate cut bets
Bitcoin surged past $114,000 as softer-than-expected US PPI data reinforced Federal Reserve interest rate cut expectations.
Bitcoin surged past $114,000 as softer-than-expected US PPI data reinforced Federal Reserve interest rate cut expectations.
Original source
Read on CointelegraphRelated market context
Crypto Markets Rally as Dollar Weakens on Fed Rate Cut Bets
Bitcoin tops $70,000 as dollar falls on Fed rate cut expectations. Ethereum, altcoins gain. Institutional inflows surge. Regulator...
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles...
US Soccer celebrates 4-1 World Cup opener as Kraken brings crypto to FIFA’s biggest stage
The US victory boosts national pride and interest in soccer, while Kraken's involvement highlights crypto's growing influence in g...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
US-Iran peace talks accelerate after Apache helicopter shootdown, with Bitcoin emerging as unlikely diplomatic tool
Accelerated US-Iran peace talks highlight Bitcoin's role in sanctions evasion, potentially prompting stricter global crypto regula...