Crypto Briefing·
A sustained drop in consumer confidence could hinder US economic growth, impacting spending and potentially influencing monetary policy decisions. The post US Michigan consumer sentiment falls to 44.8 in May, hitting all-time low appeared first on Crypto Briefing.
Read full articleRecord-low consumer sentiment may signal reduced spending, impacting GDP, while Bitcoin's resilience highlights shifting investment dynamics. The post US consumer sentiment hits lowest level in history as Bitcoin holds near $77K appeared first on Crypto Briefing.
Record-low consumer sentiment signals potential recession risks, impacting spending, corporate earnings, and investor strategies amid geopolitical tensions. The post Consumer sentiment falls to record low as Iran war fuels inflation fears appeared first on Crypto Briefing.
Record-low consumer sentiment signals economic stress, pressuring spending and reducing appetite for risk assets, impacting broader markets. The post US consumer sentiment falls to record low, down 21% since February appeared first on Crypto Briefing.
Record-low consumer sentiment could dampen spending, threatening sectors like retail and travel, and signaling potential economic slowdown. The post US consumer sentiment falls to record low amid inflation concerns appeared first on Crypto Briefing.
US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test for the idea that Bitcoin and crypto function as hedges against persistent price pressure. The…
The privacy coin Zcash jumped over 17% in six hours, hitting a new year-to-date high on May 20. The rally pushed its monthly gains past 90% and its market capitalization over the $11 billion threshold, eclipsing rival monero. Zcash Hits New YTD High Privacy coin Zcash (ZEC) surged to a new year-to-date high on May […]
The exits looked coordinated, with several of the more prominent departures landing within four weeks of each other in April and May.
Bitcoin is trading at $76.8k as the third week of May opens. It has surrendered the $80k breakout that defined the prior week’s narrative. The short-term bullish trendline that supported the inner rally structure has been broken, and the price has pulled back into the mid-range of the large ascending channel on the daily timeframe. […]
