Topic
macro
5 stories
Blowout October jobs report revives December Fed hike bets; bitcoin holds near $75,800
U.S. nonfarm payrolls rose 165,000 in October against a 65,000 forecast and unemployment fell to 4.1%, reviving bets on a December Fed rate hike as bitcoin held near $75,800.
Crypto slides with Asian stocks on Fed-rate jitters, erasing close to $1 billion in leveraged bets
Bitcoin fell about 3.6% to near $80,800 and ether dropped roughly 6.5% to about $2,350 on October 15 as hotter U.S. inflation data and Fed-rate uncertainty drove a risk-off slide that wiped out close to $1 billion in leveraged crypto positions and sank Asian equities.
Bitcoin tops $85,000 for the first time since January as short liquidations pass $650 million
Bitcoin briefly traded above $85,000 on September 21, its highest since January, a roughly 5% daily gain that triggered more than $750 million in crypto liquidations, mostly short positions.
Bitcoin adds 6% to $68,000 on Treasury buyback news, with gold up 2.7% alongside it
Bitcoin rose about 6% to just above $68,000 on Wednesday after Treasury Secretary Scott Bessent doubled the size of the department's bond buybacks, with between $1.14 billion and $1.4 billion in short positions liquidated depending on the window measured.
Bitcoin claws back above $61,000 as a soft jobs report ends the ETF bleed — but the 'dovish' read has holes
Bitcoin rebounded above $61,000 and US spot bitcoin ETFs took in roughly $222 million on July 2, ending a 10-day outflow streak, after a weak June jobs report trimmed the odds of another Fed rate hike this year.