Bitcoin Price Jumps 3% to Defy Macro Headwinds, But Bitcoin Minetrix Raises $200,000 and Is the Real Inflation Beater
Friday 29th September 2023 – The Bitcoin price is defying macro gloom to put on a 3% gain as it recaptures $27,000, but it is yield-bearing Bitcoin Minetrix ($BTCMTX) that’s raised $200,000 and could be the biggest winne...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin, after briefly slipping below $25k last month and struggling to make headway since peaking at 27,431 on September 19th, is threatening to retake that near-term high....
Read More: Bitcoin Price Jumps 3% to Defy Macro Headwinds, But Bitcoin Minetrix Raises $200,000 and Is the Real Inflation Beater
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Federal Reserve holds rates steady as Bitcoin jumps past $60K on Warsh’s inflation comments
The Fed's inflation stance signals tighter financial conditions, impacting crypto markets and potentially reshaping monetary polic...
XRP Price Prediction: Analyst Maps Rally to $2.55 as Macro Accumulation Zone Holds
While current market indicators point to limited momentum, several chart analysts argue that the XRP price remains within a histor...
Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” wh...
Oratomic raises $300M to build 20,000-qubit quantum computer, and crypto should pay attention
Oratomic's quantum leap could disrupt cryptographic security, urging the crypto industry to accelerate post-quantum encryption ado...
PepsiCo warns of rising inflationary pressures for US consumers, and crypto markets should pay attention
Rising inflation pressures could hinder consumer spending and limit monetary policy flexibility, impacting both traditional and cr...
Polymarket predicts 57% chance of no rate change in September
A potential rate hold in September could stabilize risk assets like crypto, but unexpected hikes may trigger market volatility and...