A surge of excitement for an ‘altseason’ was anticipated in early 2025, with analysts predicting a shift in market dominance and increased liquidity across various cryptocurrencies. However, this […]
Bitcoin Stays Strong Above $85,000 Amidst Market Volatility
Despite recent market fluctuations, Bitcoin has maintained a steady position above the $85,000 mark. This stability is contributing to modest gains in altcoin valuations. Key developments and events […]
Employment Data Raises Concerns About Recession as Bitcoin Plummets
Mixed reactions swept financial markets following the release of recent employment figures. While stock markets saw an upward trend, Bitcoin experienced a decline, reflecting short-term market traders’ skepticism […]
US Stock Markets Rise: 3 Drivers of Today’s Optimism
Major US stock markets closed higher today, fueled by positive economic indicators and strong corporate earnings reports. This bullish trend indicates growing investor confidence, with analysts suggesting it […]
Delayed U.S. Labor Data Adds Uncertainty to Markets
The U.S. government’s ongoing data collection delays, specifically for the September employment report and October’s CPI (consumer price index) figures, have cast uncertainty over both financial markets and […]
How Economic Indicators Impact CFD Trading on Global Indices
Understanding the influence of economic indicators on CFD trading is crucial for traders navigating global indices. VestoFX.net examines how these indicators shape market trends and how investors can […]
U.S. Government Shutdown Halts October Employment Data Release
The release of crucial employment data for October has been delayed due to the ongoing U.S. government shutdown. Originally scheduled for 21:30 UTC+8, the non-farm employment report is […]
Crypto Market Plummets Despite Positive Macroeconomic Signals
Despite positive economic signs, the cryptocurrency market is experiencing a surprising downturn. Recent interest rate cuts by the Federal Reserve and progress in US-China trade negotiations typically boost […]
U.S. Jobless Claims Surge, Impacting Cryptocurrency Markets
The U.S. labor market is facing challenges as initial jobless claims surged by 27,000 to reach a level not seen since October 2021 – reaching 263,000 for the […]
U.S. Jobs Report Signals Possible Fed Rate Cuts, Impacting Bitcoin
New data reveals a disappointing job growth picture in the U.S., far below expectations, potentially impacting the economy and influencing market sentiment for Bitcoin. Forecasts had predicted 75,000 […]
Deutsche Bank Warns of Potential Distortion in U.S. Employment Data
Deutsche Bank has raised concerns about potential distortions in U.S. employment data, especially with upcoming leadership changes. This could significantly impact monetary policy and the U.S. dollar, potentially […]
US Jobless Claims Surpass Forecasts, Signaling Economic Uncertainty in Cryptocurrency World
The U.S. labor market saw a surprising increase in jobless claims recently, exceeding expectations and sparking concerns about the potential impact on the cryptocurrency market. While the figure, […]
U.S. Stock Market Prepares for Critical Period of Uncertainty
The U.S. stock market stands at a crucial crossroads as it navigates a period marked by significant economic uncertainties. Over the coming 14 trading days, key economic indicators […]
BitMine Chairman Predicts New Bull Market Driven by Economic Indicators
BlockBeats reports that BitMine Chairman Tom Lee believes a new bull market could be on the horizon, fueled by positive economic signals. In an interview with AmitLive, Lee […]
Bitcoin’s Future: Economic Data Holds Key to Price Movement
Market expert Linh Tran from XS.com suggests that Bitcoin’s near-term trajectory is directly tied to upcoming U.S. economic data, specifically preliminary GDP and core PCE inflation figures. If […]