Bitcoin price volatility is influenced by a several factors, among which U.S. economic indicators such as employment data and inflation rates hold significance. Impact of U.S. Economic Indicators on Bitcoin Price Employment statistics, particularly job openings and unemployment rates, serve as important measuring instruments for economic …

Analyzing historical trends between the Federal Reserve interest rates and the price of Bitcoin reveals a complex relationship. In general, when interest rates rise, investors tend to shift their money from riskier assets like stocks and Bitcoin to safer investments like bonds.

Bitcoin Price Set to Soar to $35,000 Amidst Second Wave of Banking Crisis

As per the Wall Street Journal, the US government is set to take First Republic Bank under the FDIC (Federal Deposit Insurance Corporation) receivership this weekend. This development will put additional pressure on the US central bank Federal Reserve’s balance sheet, pushing the Bitcoin price …