Analysts brace for Bitcoin slide on gloomy US manufacturing data

Analysts brace for Bitcoin slide on gloomy US manufacturing data

The US Federal Reserve reported some of the worst manufacturing data in recent history, potentially putting Bitcoin's spot price under pressure, analysts said.

Bitcoin Stays Steady at $84,000 Amid US Stock Market Volatility and Tariff Uncertainty

The post Bitcoin Stays Steady at $84,000 Amid US Stock Market Volatility and Tariff Uncertainty appeared on BitcoinEthereumNews.com. As of April 18, COINOTAG News reports ongoing tariff uncertainties are impacting market dynamics. The primary US stock indices closed variably, with the Dow decreasing by 1.33% and the S&P 500 marginally increasing by 0.13%. This marks a challenging period as all three indices registered their third consecutive wee…

Trump Criticizes Powell as SOL and ADA Drive DeFi Gains Amid Bitcoin's Ascent to $85K - Market-News24

The cryptocurrency Market is currently valued at about $2.7 trillion, with Bitcoin remaining steady around $85,000. In the past 24 hours, Solana, Cardano, and Dogecoin have emerged as the leading gainers among the top ten cryptocurrencies. However, Bitcoin ETFs experienced a $171 million sell-off on Wednesday, disrupting a brief positive trend. This sell-off has led ...

Bitcoin Reclaims $84,000 As Fed Chair Speech Sets Tone

The recent speech from the Fed Chairman Jerome Powell on the U.S. economy has resulted in a steady reaction from the crypto market. As per the data from CryptoRank.io, in reaction to Jerome Powell’s speech, the top cryptocurrency Bitcoin ($BTC) has reclaimed the $84K mark. The event has also impacted the other notable crypto assets like Ethereum ($ETH), Solana ($SOL), Market OverviewMarket responded steadily to Fed Chair Powell’s speech, with $…

Bitcoin Stumbles but Recovers as Powell’s Comments Rattle Markets

The cryptocurrency whipsawed right after Federal Reserve Chairman Jerome Powell delivered a damning indictment of President Donald Trump’s tariffs in a Wednesday speech. BTC Shakes Off Early Losses Despite Powell’s Dire Speech Federal Reserve Chairman Jerome Powell told attendees at a Wednesday Economic Club of Chicago event that “the level of the tariff increases announced... The post Bitcoin Stumbles but Recovers as Powell’s Comments Rattle Ma…

Bitcoin Price Flat Amid Signs 'Volatility May Be Cooling Off': Analysts

BTC has been shaky in the uncertainty surrounding Trump's tariffs. The World Trade Organization warned they could be a "brake on global growth."