A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.
The renewed bearish signal on the key indicator is not an immediate threat to BTC, but Trump’s tariff rhetoric could shake up the market.
The Philadelphia Eagles won the Superbowl, but the Kansas City Chiefs were the early favorite on Polymarket.
The blockchain’s native token ether has underperformed bitcoin and other altcoins in recent months, the report noted.
BTC struggles amid weak on-chain activity while gold shines bright ahead of the pivotal U.S. nonfarm payrolls report.
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.
KuCoin was used to launder billions in proceeds from darknet markets, malware, ransomware and fraud schemes, U.S. Attorney Danielle R. Sassoon said in a statement.
The House Oversight and the Senate Banking committees are probing accusations that U.S. regulators blocked crypto insiders from banking.
Currently, bitcoin is up approximately 550% from the cycle lows, which aligns with previous cycles.
The official memecoin of the 47th United States president will be listed on most major crypto exchanges, even though the fan token faced trouble getting listed.
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