Search results for FXPro
Crypto
U.S. jobs slowdown supports bitcoin, but uncertainty lingers as inflation fears resurface
Bitcoin and other risk assets could see higher volatility ahead of the release of U.S. April nonfarm payrolls data. Markets are focusing less on the headline job gain and more on whether wage growth is slowing. Economists expect job growth to cool sharply, which could support expectations the Federal Reserve will hold rates. But wages are seen accelerating, a factor that could revive inflation concerns and complicate the Fed’s policy path.
Crypto
Bitcoin slips to $77,000 range after failing at $80,000 resistance
Bitcoin slid back below $78,000 after running into resistance near $80,000, with the price down about 2 percent over the past 24 hours. Markets see concentrated sell orders around $80,000 as capping gains, though one analyst called the move a temporary pullback within a broader uptrend. On-chain data showed stablecoin inflows to Binance and continued U.S.-listed spot bitcoin ETF inflows. DeFi security incidents and oil prices were cited as risks.
Crypto
Only major coins rise as altcoin participation stays limited amid bitcoin rally
Bitcoin and ether rose sharply alongside a rebound in U.S. equities, but the broader market has yet to join the move. Bitcoin gained 5 percent and ether rose 9 percent over 24 hours, with continued demand from digital asset treasury firms and more bullish futures bets. Analysts cited $74,000 to $75,000 as a key level for further gains. Market breadth remained limited, with mixed altcoin performance.
