Cryptos: all news & analysis

Keep up to date with the dynamic cryptocurrency market. We provide timely coverage of price movements, emerging trends, and expert insights on Bitcoin, Ethereum, XRP and other top digital assets. Our website offers the latest information on blockchain technology, regulatory developments, and market analysis, which are all pivotal in understanding crypto valuations. So, whether you're an experienced trader or embarking on your crypto journey, MarketPulse will help you make smart decisions in this exciting field.

Stocks higher on mixed US data, ISM contracts again, JOLTS impress, Salesforce layoffs, Aussie rises,, bitcoin higher but still in range
US stocks edged higher as investors grew confident that the Fed is nearing the end of its tightening cycle as the manufacturing sector is clearly in a recession, while the labor market refuses to break. ​ This stock market rally however might be short-lived as the ISM report and JOLTS data painted a picture of a resilient labor market that should force the Fed into taking rates even higher into restrictive territory. ​
by Edward Moya
Growing Optimism?
Equity markets are pushing higher on Wednesday, buoyed by softer yields and some promising PMI revisions in Europe. It would appear investors are increasingly coming around to the idea that central banks will be forced into cutting rates earlier than previously anticipated in order to support the economy. That would also suggest they anticipate inflation will subside faster than previously thought which would be welcome if true after a year of overshoots. I'm sure this is a position that will ch
by Craig Erlam
No more festive cheer
A mixed start to trading on Tuesday as traders return following the festive break to some rather gloomy forecasts for the coming year. The IMF is among those warning of a tough year, more so than the one we've just left, as the simultaneous slowing down of the US, EU, and China takes its toll. Of course, all forecasts at this moment are subject to enormous uncertainty around the war in Ukraine, inflation, interest rates, and China's Covid response, among others, but it seems almost everyone is g
by Craig Erlam
Oil bouncing back, gold pushing on, bitcoin steady
Risks tilted to the upside? Oil markets are bouncing back in another volatile session at the end of the year. Going into 2023, the risks are arguably tilted to the upside, although that has been the narrative for much of the year and yet we're on course to end it not far from where we started. While producers have finally caught up with post-pandemic demand, other risks remain next year, notably Russian output amid the new price cap and its threats to cut output and not supply any countries ab
by Craig Erlam
Still drifting
We continue to drift into year-end with investors having little to cling onto that's going to drive markets one way or another. That is so often the case this time of year and while 2022 could have been different, given how chaotic the rest of the year has been, it has proven to not be the case. Investors are going into 2023 with a cautious mindset, prepared for more rate hikes, and expecting recessions around the globe.
by Craig Erlam
An eye on the New Year
We're seeing choppy trade in financial markets on Wednesday in what is always quite thin trade as traders continue the festivities into the new year. And there's certainly a strong sense of holiday trade to the markets today, with light news flow combined with lower liquidity creating choppy but ultimately insignificant moves. It very much feels like we're now just drifting into 2023 at which point I expect things will quickly pick up again. The key trading themes will continue to dominate in ea
by Craig Erlam
Week Ahead - Happy Holidays!
US Thin trading conditions could persist as much of Wall Street will be taking off this week. While trading volumes might be lower it will be a week filled with lots of economic readings.  There will be no earnings and no Fed speak. On Monday, US markets will be closed to observe the Christmas holiday.  Tuesday contains several economic releases that are expected to show the economy is weakening.  Wholesale inventories in November are expected to increase at a slower pace, both the October
by Edward Moya
Mid-Market Update: Mixed Economic Data keeps stocks volatile, Oil rallies as Russia hints at output cut, Gold rallies, Cryptos edge higher
US stocks pared earlier losses as traders digest a wide range of mixed economic data that overall supports the story that inflation is coming down.  Wall Street had a tale of two rounds of economic readings.  The first wave, before the opening bell showed CAPEX is weakening and softer consumer demand.  The second round of data was rather upbeat as consumer sentiment improved and inflation expectations dropped even further.  New Home Sales also unexpectedly improved, but no one is betting that th
by Edward Moya
US Close: bye-bye Santa rally, grinch selloff is here to stay, US data, Micron gloom, oil wavers, gold drops, cryptos lower
The Grinch selloff is firmly in place after Micron delivered a gloomy outlook and as better-than-expected US economic data supported the Fed's case for more ongoing rate increases. Global coordinated central bank tightening has yet to fully impact most of the economic readings for the major economies and that should have investors nervous over ​ earnings downgrades and credit risks. US data Following another round of economic data, the US economy doesn’t look like it wants to head into a reces
by Edward Moya
Stocks embrace confidence data and earnings, return of confidence, earnings impress, cryptos edge lower
US stocks are rallying after consumer confidence bounces back and on strong earnings by Nike and FedEx. The news was too good today and that has made the many Grinches on Wall Street tentatively throw in the towel. Return of Confidence Today’s consumer confidence reading is a head-scratcher for people expecting the economy to quickly fall into a recession.
by Edward Moya
Musk out, German IFO survey, homebuilder sentiment, oil edges higher, gold wavers, cryptos lower
US stocks were unable to hold onto gains as recession worries run wild and as global bond yields surge higher after former Fed’s Dudley pushed back on expectations that the Fed will blink once the unemployment rate ​ starts to climb higher. Also supporting the move higher in yields was the surge with gilt yields as investors unload the holdings of UK debt ahead of the BOE’s January bond sales. ​
by Edward Moya
US Open: Stocks lower as economy weakens, US data, Goldman layoffs, oil slumps, gold’s bad week, crypto audits
US stocks are declining as investors can’t shake off all the hawkish rhetoric that came from central bankers this week and as the private sector clearly entered a strong downturn.  Monetary policy has quickly gotten restrictive now that the Fed has raised rates by 400 basis points in 9 months.  Recession risks will only grow now that Powell has signaled that we should expect ‘ongoing increases’. Global bond yields are rising after central banks delivered another round of tightening and mostly si
by Edward Moya
Playing the Grinch
Stock markets are going into the festive period in a downbeat mood, as central banks this week reaffirmed their commitment to raising rates. The prospect of a Santa rally is fading as we near the end of 2022, very much in keeping with how the rest of the year has unfolded. Going into December, there was growing optimism that policymakers could be a source of optimism going into the new year but instead, they've taken on the role of grinch, bringing a swift end to the celebrations. Considering th
by Craig Erlam
Tightening Thursday (ECB & friends), US data/surveys, labor market refuses to break, oil slumps, gold lower on strong dollar, bitcoin follows broader market
US stocks didn’t stand a chance today after digesting a hawkish FOMC decision and a round of data/surveys that support the argument that the economy is recession bound. The labor market might not be breaking but it is becoming clear the consumer is weakening and manufacturing activity is in a recession. ​ US retail sales posted the largest drop in nearly a year.
by Edward Moya
CPI React: Stocks surge on cool inflation report, bitcoin nears $18k
US stocks embraced a very cool inflation report that supports the idea that the Fed could be done with hiking rates after the February FOMC meeting. ​ The Fed might not have to take rates to 5.00% or higher and that is surprising news for stock traders. ​ Fed tightening is looking like it will just need a half-point increase tomorrow and a 25bp increase in February.
by Edward Moya
Mid-Market update: Stocks waver post PPI and UMich survey, oil jumps as Putin considers output cut, gold shines, bitcoin anchored at $17k
US stocks are settling higher after a mixed round of pricing data seemed unlikely to change what the Fed will do next week.  Stocks are finishing a down week on a positive note as expectations remain high that the Fed will downshift to a slower pace. Inflation is heading lower but we won’t know for a couple quarters if more tightening will be required by the Fed.  For now, investors appear confident that the Fed will stop tightening once the terminal rate peaks around the 5.00% to 5.25% levels.
by Edward Moya
Stocks poised to snap 5-day losing streak, Jobless Claims, Bitcoin seesaws around $17,000
US stocks are rebounding as investors await a key round of pricing data points that could tilt the scales over how much more tightening the Fed will do in the February policy meeting. ​ It looks like this losing streak for stocks will end not because of positive catalysts but on exhaustion from this 5-day losing streak. ​ Jobless claims didn’t really tell us anything new but some investors were excited over an analyst upgrade given to Boeing’s stock. Wells Fargo increased their Boeing price targ
by Edward Moya
A bit flat
Equity markets look a little flat on Thursday, perhaps a sign that we've entered into a waiting period ahead of some major data releases and central bank meetings. This month was always effectively split into two dominant weeks, the first of the month which included the jobs report that proved extremely impactful. And then next week when we get a flurry of interest rate decisions and some big data releases.
by Craig Erlam
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