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Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
The market is waiting for the Fed’s next move, or clarity around an ETF, say analysts
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting the Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
- 23:36Truth Social denies rumors about launching a new meme coinPANews reported on May 13 that Truth Social denied rumors about launching a new meme coin.
- 22:46Federal Reserve's Goolsbee: Tariffs Will Continue to Have Stagflationary Effects, Temporary Nature of Agreement Will Pressure EconomyAccording to a report by Jinse Finance, Federal Reserve's Goolsbee stated that tariffs will continue to have a stagflationary effect, and the temporary nature of the agreement will put pressure on the economy. Due to uncertainty, I once again support maintaining a wait-and-see approach. The threshold for taking action must be very high.
- 22:45Offshore Yuan Falls 397 Points Against US Dollar Compared to Last Friday's New York CloseAccording to a report by Jinse Finance, the offshore RMB (CNH) was trading at 7.2006 against the US dollar at 04:59 Eastern Time, down 397 points from last Friday's New York close, with intraday trading ranging between 7.2406 and 7.1922.