Bitcoin tags $110,000 as investor sentiment improves following positive jobs data.
The crypto market posted modest gains Wednesday, rebounding after two days of volatility.
The cryptocurrency market experienced volatility on Tuesday following Federal Reserve Chair Jerome Powell’s latest comments on interest rate cuts, and news that the Senate passed President Donald Trump’s so-called “One Big Beautiful Bill.”
Experts partly attributed today’s market volatility to cautious investor sentiment following the jobless claims report released this morning.
BTC rose 1.7% to $107,500 while the total crypto market cap dipped 1%.
The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins.
The Layer 1 blockchain plans to go public via reverse merger with a Trump-linked company.
The hyped ICO for the Tether-backed 'stablechain' lived up to expectations, selling out in minutes.
Cryptocurrency markets were volatile on Wednesday as President Donald Trump’s new tariffs on metals took effect and traders awaited U.S. labor data that could influence the Federal Reserve’s next interest rate decision.
The cryptocurrency market continued to rally on Tuesday after Federal Reserve Chair Jerome Powell made dovish remarks regarding future monetary policy the previous day.
The first draft of the broad market structure and regulation bill that the cryptocurrency industry has been calling for has been released.
