Ethereum

Cryptocurrency

Bitcoin

Impact

Status

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/impact-of-us-economic-data-on-bitcoin-and-cryptocurrency-prices/" data-wpel-link="internal">Impact of US Economic Data on Bitcoin and Cryptocurrency Prices</a><br></p>
<p style="text-align: justify"><strong>Israel</strong> and <strong>Iran</strong> experienced tensions over the weekend, which led to discussions about the subsequent decline in <a href="https://coin-turk.com/saatler-icinde-100-milyon-dolari-asan-btc-transferi-bitcoinde-isler-tersine-mi-donuyor" data-wpel-link="internal">Bitcoin</a> and cryptocurrencies. Although there has been some recovery, prices have not yet returned to previous levels. Today, the market was focused on two critical pieces of data coming from the US, which were just announced. Let’s look into the details.</p> 
<h2 style="text-align: justify" id="two-critical-data-points-arrive-from-the-us">Two Critical Data Points Arrive from the US</h2> 
<p style="text-align: justify">While the market continues to discuss the ongoing tensions between Israel and Iran, it monitored two critical data points from the US. The first data point was the US core retail sales, which were expected to be at 0.5%. The previous data was announced at 0.3%. The data released shows an actual figure of 1.1%.</p> 
<p style="text-align: justify">The second data point was the US retail sales data, expected at 0.4% but came in at 0.7%. The previous figure was 0.6%. We see that the data exceeded expectations.</p> 
<h2 style="text-align: justify" id="current-status-of-bitcoin-and-cryptocurrencies">Current Status of Bitcoin and Cryptocurrencies</h2> 
<p style="text-align: justify">Following the release of the data, looking at the <a href="https://en.coin-turk.com/bitcoins-approach-to-a-potential-market-peak/" data-wpel-link="internal">Bitcoin</a> price, we see that the <strong><a href="https://coin-turk.com/eth-fiyati-ethereumda-mucadele-suruyor-bu-seviye-cok-onemli" data-wpel-link="internal">BTC</a></strong> price is trading at $66,067, indicating that it was not significantly affected by the data.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-340345 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/btc-usdt-coin-turk-com-1-2.png" alt="" width="1832" height="805"></p> 
<p style="text-align: justify">Looking at the cryptocurrency <strong><a href="https://coin-turk.com/ethereum-icin-vitalik-buterin-acikladi-fiyat-yukselecek-mi" data-wpel-link="internal">Ethereum</a></strong>, we see that the price is trading at $3,242.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/impact-of-us-economic-data-on-bitcoin-and-cryptocurrency-prices/" data-wpel-link="internal">Impact of US Economic Data on Bitcoin and Cryptocurrency Prices</a></h5>

Impact of US Economic Data on Bitcoin and Cryptocurrency Prices

Innholdsfortegnelse

COINTURK NEWS

Andre artikler publisert på 15. apr. 2024

Neurahub Presents New Telegram App Powered by Generative AI Technology

The Future of Crypto: BRISE, BEFE, and CENX Lead the Pack

Exploring the Resurgence of Bitcoin and Dogecoin Prices

Satoshi Era Bitcoin moves after 14 years of inactivity

Ripple vs SEC Settlement Talks Heat Up: Here’s What to Expect on April 16th

Solana Mainnet Beta Update v1.17.31 Targets Network Congestion

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!