Markets US December payrolls shifted the needle of US money markets from two to only one additional 25 bps Fed rate cut this year. Headline job growth (+256k vs +165k expected) was the best since March, came with barely any revision to previous months’ numbers and come together with decline in the unemployment rate (4.1% […]
During November, the price of bitcoin increased by approximately 10% in anticipation of the launch of a bitcoin ETF. But the positive sentiment of crypto investors is seriously overshadowed by news regarding Binance: → Changpeng Zhao resigned as head of Binance.US, pleading guilty to money laundering charges. He also agreed to pay $50 million in […]
The post BTC/USD Analysis: New High for the Year Shows Bulls Are Indecisive appeared first on Action Forex.
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