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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 09:19
    Bitget Research Institute: Bitcoin Stands at $58,000 After CPI Falls Short of Expectations, Higher Volatility Expected in Markets After Next Week's Probable Fed Rate Cut Announcement
    Bitget Research Institute released a research report that yesterday's CPI data release was lower than market expectations, basically confirming that a 25 basis point rate cut has become a probable event. Headline crypto assets have stopped falling to show a slight recovery. Major traders in the market are waiting for next week's Federal Reserve interest rate resolution meeting. The first rate cut after the Fed continues to maintain high interest rates will have a big impact on the market, and volatility in the market is expected to be much higher next week.In terms of ETFs, the bitcoin ETF had a net outflow of $43 million yesterday, and the ethereum ETF had a net outflow of $5 million yesterday, reflecting the fact that the current market participants as a whole remain cautious and wait-and-see for the market, and there is no way for the market to form a consecutive net inflow or net outflow.Crypto ecology, bitcoin ecosystem fractal bitcoin online after the soaring of the computing power, the ecology is currently causing widespread discussion and concern in the industry, investors are advised to pay close attention to the subsequent trend of the project.
  • 09:15
    Institutional: U.S. Inflation Data Falls to Three-Year Low, but Crypto Markets React Tepidly
    Despite US inflation falling to its lowest level in three years, financial markets have yet to react even as investors look to the Federal Reserve for a possible interest rate cut. Crypto markets, in particular, have been largely unaffected by the news, with the likes of Bitcoin quickly resuming gains after a brief decline. Cryptocurrency markets have reacted lukewarmly to the inflation report, in part due to growing investor interest in the bond market and the brewing storm over the U.S. presidential election. Harris' strong performance in recent debates has rekindled Democratic hopes of winning the White House election, which is seen as a possible harbinger of dovish monetary policy. Conversely, if Trump wins re-election, it could increase government spending and with it put upward pressure on interest rates. U.S. Treasury yields have borne the brunt of the change in investor thinking, and this sudden shift in market sentiment suggests a dramatic change in investor attitudes, heightening pessimism about the economy and general expectations of lower borrowing costs. Market watchers say caution is still the dominant market sentiment. Investors are restraining themselves, choosing to wait for clearer signals before readjusting their portfolios.
  • 09:13
    UK to Introduce Bill to Clarify Legal Status of Crypto Assets
    The United Kingdom is set to introduce a bill to clarify the legal status of crypto assets, CoinDesk reports. The UK Labor government said the bill will provide greater legal protection for owners of bitcoin and other digital assets. The bill introduces a new category of personal property, 'things', which will apply to certain digital assets. Once enacted, it will help the legal community determine ownership in disputes such as divorce and provide protection for cryptocurrency owners who have been subjected to scams and fraud.