Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, May 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Bitcoin Returns to $61K Ahead of September CPI Report
    Bitcoin

    Bitcoin Returns to $61K Ahead of September CPI Report

    October 10, 20241 Min Read


    The minutes from the September Fed meeting, released Wednesday, showed policymakers were divided on how aggressive the central bank should be. “A substantial majority of participants” favored cutting the interest rate by half a percentage point, though some expressed misgivings about going that large, the minutes said. “Crypto sentiment has moved back into the fear zone (39), reinforcing the contrast with 72 (greed) in equities,” said Alex Kuptsikevich, a senior analyst at FxPro. “This dynamic is easily explained by the appreciation of the dollar and the increased attractiveness of bonds, which reduces institutional traction in bitcoin.” The dollar index (DXY), rose to 102.97, the highest since Aug. 16, taking the cumulative gain since the Sept. 30 low of 100.18 to 2.7%, according to data source TradingView.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUS Futures Edge Lower Ahead of Key Inflation Data: Markets Wrap
    Next Article Chinese Stocks Rally, Then Plunge—What Happens Next?

    Related Posts

    Bitcoin

    Galoy Unveils Bitcoin Banking ‘Sidecar,’ Helps Banks With BTC

    May 1, 2026
    Bitcoin

    Strategy (MSTR) Stock Surges 5% as Institutions Load Up and Bitcoin Holds Firm

    May 1, 2026
    Bitcoin

    Iran closes Strait of Hormuz, impacting Bitcoin market sentiment

    May 1, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Art

    Auctus Gallery Bring In The Rain Man Of Art.

    February 20, 2025
    Stock Market

    Dow, S&P 500, Nasdaq futures leap, sparking hopes of rebound from November losses

    November 23, 2025
    Stock Market

    ₹6.50 lakh crore gone! Sensex tanks over 1000 points; why did Indian stock market fall today? Explained with 5 factors

    February 13, 2026
    What's Hot

    This Missing Catalyst Is What’s Preventing Bitcoin From Blowing Past All-Time High With Conviction, According to Analytics Firm

    August 16, 2025

    BTC stuck at $89,000 as gold surges to fresh record

    January 28, 2026

    Bitcoin to Power Vehicles of Future – Michael Saylor Reacts to Elon Musk’s Robotaxi Event

    October 11, 2024
    Most Popular

    Chute des Bourses en Asie, craintes sur l’économie avant l’emploi américain -Le 07 mars 2025 à 07:57

    March 6, 2025

    Stock market concentration: is it dangerous?

    April 20, 2026

    Alpine Income Property Trust (NYSE:PINE) Updates FY 2024 Earnings Guidance

    July 21, 2024
    Editor's Picks

    L’intégrale de C’est Votre Argent du vendredi 17 janvier

    January 17, 2025

    S&P 500, Dow, and Nasdaq Struggle as Government Shutdown Impacts Economic Data

    October 2, 2025

    AI and IP USA 2025: Future-proofing event aims at intersection of technology and law | Artificial Intelligence

    July 10, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.