trade
Bitcoin Drop Driven By US Trade Deficit, China Banks
Key takeaways: Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution. Whales and miners keep selling Bitcoin, but macroeconomic weakness remains the dominant driver. Bitcoin (BTC) dropped to its lowest level in 50 days, below $108,000. The sharp decline caught traders off guard and triggered $137 million in liquidations […]
Bitcoin Ignores US-EU Trade Deal With $114K In Focus
Key points: Bitcoin has a new make-or-break price point to monitor into the weekly close: $114,000. Bid liquidity lines up below local lows as BTC market structure risks looking “weak.” Fed rate-cut odds fall for September despite a US-EU trade deal. Bitcoin (BTC) saw volatility at Thursday’s Wall Street open as markets digested a US-EU […]
American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per […]
Trump brushes back Russia’s Medvedev after ‘war’ warning: ‘Watch his words’
NEWYou can now listen to Fox News articles! President Donald Trump hammered back at former Russian President Dmitry Medvedev’s warnings about war with the United States, telling the deputy chairman of Russia’s Security Council to “watch his words.” “I don’t care what India does with Russia. They can take their dead economies down together, for […]