macroeconomic factors
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Bitcoin’s Path to $70K? Fed Shifts and FTX Payout Could Make It Happen
- September 23, 2024
- Posted by: Gordon
- Category: ICO Blog, IGH News, Learn, Market Insights, Market News
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Bitcoin is showing signs of a potential rally by the end of 2024, according to a recent report from 10x Research. With macroeconomic factors and seasonal patterns aligning, experts anticipate significant price movement for the cryptocurrency in the coming months. Key Drivers Behind Bitcoin’s Bullish Momentum The report highlights several factors that could trigger a
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Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
