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Search results for Michaël van de Poppe

Crypto

Bitcoin slips, gold jumps as risk aversion grows ahead of U.S. CPI

Bitcoin slid below $64,000 ahead of the U.S. consumer price index (CPI) release, hitting its lowest level in a week. Gold rose to a nine-week high, signalling renewed demand for safe-haven assets as uncertainty increased. Spot gold climbed to $4,435 an ounce, while inflows into gold ETFs outpaced those into spot bitcoin ETFs. Analysts said bitcoin’s short-term resistance remains below $66,000, with markets watching July U.S. CPI data due on Aug. 12.

Crypto

Bitcoin hits August high overnight as focus turns to U.S. CPI and PPI this week

Bitcoin rose to an August high near $65,420 ahead of the weekly close, shifting market attention to U.S. inflation data due this week. July CPI and PPI are scheduled for release on Aug. 12 and 13, after both came in below expectations last month. Analysts pointed to shifting expectations for a Fed rate hold in September. The article also highlights yen intervention, technical resistance near $65,800, mixed on-chain signals and weak spot market activity.

Crypto

U.S. CLARITY crypto bill odds drop to 40 percent amid Trump conflict of interest row

Odds that the United States will pass the CLARITY bill, a crypto market structure measure, by year-end have fallen to about 40 percent, an outlook said. Democrats are amplifying concerns over President Donald Trump’s potential crypto conflict of interest, raising uncertainty around the bill. Polymarket reflects the reduced probability. Market activity slowed in the second quarter, while prediction markets and tokenised stocks grew. Security threats persisted, and Base said it is shifting strategy.