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Bitcoin edges lower as the ongoing Middle East conflict and expectations for further interest-rate rises by the Federal Reserve dampen risk sentiment. Bitcoin is under pressure from the macro environment rather than a collapse in institutional demand, Zaye Capital Markets analyst Naeem Aslam says i…
Bitcoin falls as expectations for a U.S. interest-rate rise weigh on risk sentiment and as investors await a pivotal U.S. Senate procedural vote on cryptocurrency legislation. Money market pricing shows a 91% chance of a 25 basis points rate rise by the Federal Reserve on Wednesday, according to LS…
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.