# Bitcoin bulls stumble at .4K as Fed’s ‘disinflation’ sparks BTC price rally

# Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally

” Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally “ Bitcoin (BTC) rebounded to key resistance into Feb. 8 as crypto markets got a boost from a familiar source. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell: “Disinflationary process” is here Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching…

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#Five takeaways on a surprisingly strong January jobs report

#Five takeaways on a surprisingly strong January jobs report

Five takeaways on a surprisingly strong January jobs report The U.S. economy added 517,000 jobs in January, more than doubling Wall Street expectations and turning up its nose at prognosticators of an imminent recession. The unemployment rate dropped to 3.4 percent, the lowest level since 1969. Analysts were expecting it to move in the opposite…

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# Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

# Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

” Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio “ Billionaire investor Ray Dalio has described fiat currency as being in serious “jeopardy” as an effective store of wealth but doesn’t believe Bitcoin (BTC) and stablecoins will be the solution either. Dalio, the founder of hedge fund firm Bridgewater Associates explained…

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#Fed raises interest rates in smallest hike since March

#Fed raises interest rates in smallest hike since March

Fed raises interest rates in smallest hike since March The Federal Reserve raised interest rates by 0.25 percentage points on Wednesday at its first meeting of the year, its eighth straight rate hike since it began a program of tightening borrowing costs last year in an effort to bring down inflation. It’s the smallest rate…

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