September US Jobs Growth Slightly More Than Expected; Bitcoin Slips From $20K
U.S. employers added 263,000 jobs in September, according to the Labor Department's late jobs report. That's slightly more than expected but still reflects a weakening labor market. Bitcoin (BTC) fell about 2% on the news. "The Hash" hosts discuss the latest job numbers and the revelations about the state of the economy.
Bitcoin Correlation to Both Risk-on and Risk-off Assets Rose in September
Bitcoin (BTC) has been trading within a $600 range while the token’s correlation with both risk-on and risk-off assets rose in September, according to Kraken Intelligence. Plus, insights on the quiet BTC whale activities in the past month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Finds Resistance at $20K as Stock Market Falls
Bitcoin (BTC) remained steady at $20,000 despite the dip in the stock market ahead of Friday’s job report. Juthica Chou, Head of OTC Options Trading at Kraken, discusses her crypto outlook amid macro headwinds. Plus, more insights into the whale activities and institutional volume.
How OPEC’s Oil Production Cuts Could Impact Crypto Miners
Bitcoin, ether, and other major cryptocurrencies traded sideways as investors fretted over new job figures and OPEC oil cuts. Dan Weiskopf, Tidal Financial Group Portfolio Manager, discusses how higher energy prices could impact crypto miners.
Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says
Bitcoin (BTC) is holding its ground at $20,000 despite concerns of rising layoffs and OPEC oil cuts. Dan Weiskopf of Tidal Financial Group joins “First Mover” with his outlook on the broader crypto market. Plus, the importance of diversification in the mining space and the challenges miners are facing.
'Rektober' or 'Rocktober' For Bitcoin Ahead?
Despite ample turmoil in financial markets over the past couple months, bitcoin has stayed remarkably resilient. StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses his crypto markets analysis and outlook for the month ahead.
Interest Surges in Bitcoin Speculation; MENA Was Fastest-Growing Crypto Market: Chainalysis
Open interest in bitcoin perpetual swaps has spiked to an all-time high. Plus, the Middle East and North Africa (MENA) region was the fastest-growing market for crypto adoption from July 2021 to June 2022 according to blockchain analytics firm Chainalysis.
October Gains in Bitcoin Erase September’s Loss
Despite ample turmoil in financial markets over the past couple months, bitcoin (BTC) is staying remarkably resilient. Bitcoin slid 2.5% in September, while it has climbed over 3% in October so far. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.