marc chandler

Bitcoin Holds Steady After China Rate Cut
Bitcoin Holds Steady After China Rate Cut
Bitcoin (BTC) is holding steady near $27,000 as China slashed its key lending benchmarks for the first time in 10 months, which failed to lift the mood in traditional markets....
Bitcoin Holds Steady After China Rate Cut

Bitcoin Hovers Below $27K as Fed Pauses Rate Hikes for First Time in 15 Months
Bitcoin Hovers Below $27K as Fed Pauses Rate Hikes for First Time in 15 Months
Bitcoin (BTC) is hovering below the $27,000 level, following the Federal Reserve's pause on rate hikes last week. Bannockburn Global Forex Managing Director and Chief Market S...
Bitcoin Hovers Below $27K as Fed Pauses Rate Hikes for First Time in 15 Months

Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire
Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire
Bitcoin (BTC) is under pressure on Friday as options worth billions of dollars expired and some traders took bearish bets on the cryptocurrency's Ethereum-based wrapped versio...
Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire

Bitcoin Hovers Around $28K as PCE Rose 0.3% in February
Bitcoin Hovers Around $28K as PCE Rose 0.3% in February
Bitcoin is trading around $28,000 as the PCE price index, the Federal Reserve's preferred inflation gauge, increased 0.3% in February. Bannockburn Global Forex Chief Market St...
Bitcoin Hovers Around $28K as PCE Rose 0.3% in February

Bitcoin Slips From $20K Following US Jobs Report
Bitcoin Slips From $20K Following US Jobs Report
Nonfarm payrolls rose 263,000 last month while the unemployment rate fell to 3.5%, according to the Labor Department’s latest jobs report. Bannockburn Global Forex Managing Di...
Bitcoin Slips From $20K Following US Jobs Report

Crypto Markets Outlook Amid Signs Inflation May Have Peaked
Crypto Markets Outlook Amid Signs Inflation May Have Peaked
BTC, ETH, and other major cryptos continue to climb higher over the past month as investors respond favorably to the latest U.S. economic indicators, suggesting the worst of i...
Crypto Markets Outlook Amid Signs Inflation May Have Peaked

US Economy Added 372K Jobs in June, Defying Recession Fears
US Economy Added 372K Jobs in June, Defying Recession Fears
The U.S. Labor Department reported that employers added 372,000 jobs in June, exceeding expectations, and the unemployment rate remained steady at 3.6%. Bannockburn Global Cap...
US Economy Added 372K Jobs in June, Defying Recession Fears

Crypto: Risk Asset or Inflation Hedge?
Crypto: Risk Asset or Inflation Hedge?
Marc Chandler, Bannockburn Global Forex managing director and chief market strategist, shares his analysis on the current state of the crypto markets amid rising fears of an i...
Crypto: Risk Asset or Inflation Hedge?

Are Inflation Fears Driving the Crypto Markets?
Are Inflation Fears Driving the Crypto Markets?
Fear of inflation has been cited as a major reason for bitcoin’s bull run, and corporate treasurers have claimed they’re adding bitcoin to the balance sheet to provide a hedge...
Are Inflation Fears Driving the Crypto Markets?

Money printer
Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Money printer