News list for " Reserve Prudence"

Bloomberg: Bitcoin's first weekly decline since Trump's election victory, options market begins to hedge downwards

According to an analysis published by Bloomberg News, Bitcoin has suffered its first weekly decline since Trump won the US Presidential Election as the Federal Reserve's cautious policy outlook has dampened the optimism of the US government to embrace the cryptocurrency industry. Bitcoin fell by about 7% on Monday, the largest decline since September. Sean McNulty, head of trading at liquidity provider Arbelos Markets, said that outflows from US exchange traded funds that directly invested in Bi...

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2024-12-23 04:54:33
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