Bitcoin Resilient as Major Crypto-Firm Cuts More Jobs
BTC/USD consolidates today, but runs a solid week, showing resilience to news that Coinbase is laying-off around 20% of its workforce
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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BTC/USD consolidates today, but runs a solid week, showing resilience to news that Coinbase is laying-off around 20% of its workforce
The commodity made a strong start to the week on China and Fed optimism, but now faces difficulties, as the World Bank expects global growth to decelerate sharply this year
Watch today’s US Open for insights on the latest themes driving the markets, the Golden Cross of EUR/USD and more
The precious metal rose to the highest levels since May on Monday, driven by hopes of a Fed pivot, but consolidates its gains today
ETH/USD has made a solid start to the new year and today it extends last week’s gains, as optimism for a fed pivot keeps the greenback on the back foot
The pair stays on the offensive after Friday’s rally sparked by the US Jobs report, while forming a potentially important technical pattern
The pair rebounds from Tuesday’s slump, as markets gear up for a series of economic data and the accounts of the Fed’s last monetary policy decision
The latest Personal Consumer Expenditures (PCE) figures came out today and showed that inflation continued to moderate in November
The commodity extends its gains and pushes for another profitable week, helped by a big draw in US oil inventories
The pair shows resilience as the UK economy contracted in Q3, but remains in tough spot after the recent central bank blitz, awaiting key releases from the US
The pair is looking for direction around key technical levels after last week’s central bank blitz, as markets await Friday’s US PCE inflation update
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