Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data

Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.

Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.

The U.S. Federal Reserve’s favored inflation gauge, known as the personal consumption expenditures price index, rose a hair higher in July, showing inflation remains sticky. Equity valuations held steady while bitcoin’s price and gold recorded modest declines following the government’s…

Bitcoin experienced a sharp pullback on Tuesday, sliding below $79,000 to a mid-morning low of $78,600. Despite the drop, the Crypto Fear and Greed Index remained strong at 74, signaling that traders view the move as consolidation rather than a…

Strategy’s biggest risk may not be a Bitcoin crash, but losing access to the capital markets that help it service $1.76 billion in annual obligations.

Bitwise’s new portfolios automatically rebalance Coinbase tokenized stocks while allowing eligible non-US investors to keep the assets in their own wallets.

The trading infrastructure runs on LayerZero’s Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.

Zcash mining is suddenly running like an industrial business again as ZEC trades near multi-year highs and specialized mining machines push network computing power into record territory. ZEC’s Price Run Drags More Machines Back Online ZEC’s price traded around $820…

Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.

U.S. spot bitcoin ETFs drew $1.92 billion in net inflows during the week of August 17 to August 21, while ether funds added $697.18 million. Solana, XRP and HYPE ETFs also finished the week in positive territory as institutional demand…

Following a similar lawsuit filed by the Digital Chamber in July, two digital asset advocacy groups challenged Illinois’ 0.2% crypto tax on constitutional and due process grounds.