Live updates: Bitcoin sinks to $77,000 as CPI lands with hike odds near 70%
Every major is red ahead of the August inflation print. Bitcoin is down 5% on the week and zcash fell 10% on the day.
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No, Friday's jobs report hasn't materially boosted Fed rate hike odds
BTC fell on Friday and Treasury yields rose, but the hawkish market reaction looks overdone when compared to the largely steady Fed rate hike odds.
BTC wilts as Clarity Act odds tumble. U.S. deploys B1 bomber against Iran
Bond markets are already reacting. The U.S. two-year Treasury yield jumped to 4.31%, its highest level since February 2025, while the benchmark 10-year yield rose to 4.66%, the highest since May, according to TradingView data. Higher yields raise the opportunity cost of holding non-yielding assets… Read More
Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate… Read More
As Democrats gain in odds to take U.S. House, Waters bashes SEC chair on crypto
With Democrats favored at 75% to win the U.S. House of Representatives majority in 2026 on prediction market Kalshi, Representative Maxine Waters’ new criticism of Securities and Exchange Commission Chairman Paul Atkins’ crypto policies could gain more energy. Though Congress remains on its winter break,… Read More