Bitcoin price slips under $19K as official data confirms US recession

Bitcoin (BTC) wobbled in its narrow trading range at the Sep. 29 Wall Street open as official data put the United States economy in recession.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. meets technical definition of recession Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still hovering just above $19,000 at the time of writing. The pair weathered gloomy figures for the U.S., with the second quarter gross domestic product (GDP) growth estimated at -0.6%. This, despite protests of the White House to the contrary, meant that the U.S.…

Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk

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Is a FINAL BITCOIN CRASH to 10k Coming…? (Crypto News)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is a FINAL Bitcoin crash coming? Is 10k Bitcoin in the cards? DO NOT BE FOOLED! Bitcoin Will NEVER Fall Below 10k Again (HERE IS WHY)! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:50 – Mastercard CEO says they will let customers spend crypto at 90+ million stores 1:49 – Bitcoin adoption is EXPLODING! 2:56 – Australia’s leading gas…

Bitcoin Sells-Off Amid Strong Economic Data, Can $18,600 Hold?

Bitcoin has been unable to break above or below its current rage, and price action remains undecided. During yesterday’s trading session, the cryptocurrency saw upside volatility, but gains were surrounded once more today as macroeconomic forces took over BTC. At the time of writing, Bitcoin (BTC) trades at $19,200 with sideways movement in the last 24 hours and 4% profits in the last 7 days. While large cryptocurrencies have been able to preserve some of their gains from the past week, most are following the general sentiment in the market.…

A Guide to Digital Fashion and the Metaverse

New York Fashion Week is often described as a sensory experience. Attending shows, you’ll hear the thud of bass-heavy music as models in well-tailored ensembles parade across the runway, the air thick with the scents of new money and luxury fragrance. If you’re well-connected, you’ll be able to interact with designers and try on garments, touching luxe denims, velvets, cottons and silks remixed into every hue and combination. Source

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar – Economics Bitcoin News

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank detailed that it interfered in forex markets in order to defend the Hong Kong dollar (HKD) as it showed signs of weakness against the greenback on September 28. HKMA Interferes in Forex Markets to Defend the HKD From Capital Flight to USD…

Solana Price Fails To Break $34 Again, What Could This Mean?

SOL price trades below 50 and 200 EMA on the daily timeframe despite showing some relief strength.  SOL rally caught short as BTC price continued to range. The price must hold $30 support or face a drop-down to a weekly low.  The price of Solana (SOL) has recently shown some bullish strength, but it has struggled to break above key daily resistance against tether (USDT). Solana (SOL) prices have continued to fluctuate as bulls and bears play chess with SOL. SOL’s lack of bullish strength has left many traders and…