Economics

The U.S. Capitol (Nikhilesh De/CoinDesk)
Here’s What Crypto Traders Expect From the Midterms
Republicans are increasingly confident they will take control of the U.S. Congress and it could be bullish for crypto, according to some analysts and traders.
The U.S. Capitol (Nikhilesh De/CoinDesk)

(Midjourney/CoinDesk)
Recent Moving Average Crossover May Signal Higher Bitcoin Prices This Month
A crossover of the 10- and 50-day moving averages has historically been a positive signal. BTC’s lack of volatility, however, may interfere.
(Midjourney/CoinDesk)

(David McNew/Getty Images)
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
(David McNew/Getty Images)

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)
Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises
The U.S. central bank raised the main interest rate by 0.75 percentage point, as expected. Officials say they'll monitor "lags" in the impact of "cumulative" efforts so far, p...
The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Federal Reserve officials may need to consider the U.S. dollar's role in helping to restrain inflation as they consider pivoting to a softer monetary policy as a meeting this week in Washington. (Pixabay)
Dollar Reversal Could Bring Inflationary Pressure, Former US Treasury Secretary Larry Summers Warns
Speculation is mounting over when the Federal Reserve might pivot dovish. But economists, including Summers, warn any such move might lead to weakness in the U.S. dollar versu...
Federal Reserve officials may need to consider the U.S. dollar's role in helping to restrain inflation as they consider pivoting to a softer monetary policy as a meeting this week in Washington. (Pixabay)

(Getty Images)
In Topsy-Turvy Market Logic, Positive US GDP Could Be Negative for Crypto
Analysts estimate the U.S. economy grew by 2% in the third quarter of the year, upending a streak of two straight quarters of contraction.
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(Unsplash)
Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think
We tend to use the two terms (macro and correlation) without understanding what they mean.
(Unsplash)

IMF Managing Director Kristalina Georgieva at the IMF's annual meeting in Washington, D.C. (Helene Braun/CoinDesk)
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets....
IMF Managing Director Kristalina Georgieva at the IMF's annual meeting in Washington, D.C. (Helene Braun/CoinDesk)

(David McNew/Getty Images)
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
The monthly employment situation report released by the Labor Department has become one of the most important economic indicators to watch as the Federal Reserve evaluates the...
(David McNew/Getty Images)

Jerome Powell spoke recently at a panel of central bankers in France. (Drew Angerer/Getty Images)
The Fed May Not Be Able to Pivot Even If It so Desires
The Bank of England relieved teetering U.K. markets on Wednesday, announcing a bond purchase program.
Jerome Powell spoke recently at a panel of central bankers in France. (Drew Angerer/Getty Images)