Bitcoin Seals its First Weekly Close Above $80,000 Since Early May

Bitcoin Seals its First Weekly Close Above $80,000 Since Early May

Bitcoin clinches a weekly close above $80,000 for the first time since early May as traders double down on hawkish bets on Fed interest-rate hikes.

Bitcoin Closes Above $80K as Derivatives Surge and Spot Demand Lags

Bitcoin crossed $80,000 and held it at the close — first time that’s happened since May. Now everyone’s waiting to… Read the original on Bitcoin Surges Past $80K for First Time Since May as Fed Decision Looms. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Bitcoin Weekly: Yen Intervention and US Inflation Set the Tone

Bitcoin posted its first weekly close above $80,000 in roughly four months, landing just after markets refocused on a fresh batch of U.S. inflation releases ahead of the Federal Reserve’s Sept. 16 meeting. The move comes as investors balance softer inflation prints against renewed pressure from a stronger labor market and ongoing policy uncertainty. At [...]