Frances Yue

Frances Yue

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Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.
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Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown
The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.
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Market Wrap: Attempts to Push Bitcoin Above $40K Stall
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.
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Open Positions in Bitcoin Futures Rise to 1-Month High
Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.
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Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves
Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.
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Federal Reserve Balance Sheet Tops $8T for First Time
The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.
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