Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
Quantitative Easing News
- 28641
Rushing to the so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve could taper its $120-billion-a-month asset-purchasing program.
17837Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
11587Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve's taper outlook based on non-farm payroll numbers.
14905The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.
12108A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020.
15533The chairman of the Federal Reserve sees no issues with the massive expansion of the Fed’s balance sheet and believes that inflation will struggle to stay above the target.
4170It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh.
6586Is the Fed’s use of QE a growth catalyst for Bitcoin? Max Keiser tells Cointelegraph: “Bitcoin was introduced to battle zombie banks and QE.”
5612What people need to fear are the bubbles in equity markets and real estate, not cryptocurrencies.
140068Bank of England puts 2 mln London Jobs at risk by not providing direction to the cryptocurrency sector. In contrast, ECB is clear.
664The bond markets are rattled and global yields are rising, signaling a possible reversal of an aging 33 year bull market in bonds that could have a major impact on all other global financial markets resulting in a reprice in asset classes across the board.
561Central bank policy and regulations have made the markets illiquid.
573Global interest rates are at their lowest levels in decades. This has baffled many leading economists and global fund managers.
755Quantitative easing, or QE, has been a key component in America’s financial strategy for the past half decade, since the financial crisis. It’s controversial, and it might be coming to Eurozone countries.
331