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Bitcoin closed the trading week in the red, retreating from its recent high of US$108,530 in mid-December. This decline follows stronger-than-expected U.S. economic data, which has bolstered the dollar and reduced expectations for the US Fed to cut rates.
The release of unexpectedly robust job opening data in the United States has led to a market pullback, as traders anticipate that the US Federal Reserve may maintain elevated interest rates for an extended period.
The convergence of artificial intelligence (AI) and blockchain, alongside the continued expansion of decentralised physical infrastructure network (DePIN), blockchain gaming, tokenisation of real-world assets (RWA), and the rise of utility tokens, is shaping the industry's future.
As the year ends, we’d like to share our OTC desk trading hours so you can plan your trades accordingly.
As we approach the busy holiday season, it's important to remain extra cautious about online scams. Cybercriminals often take advantage of the festive period, when people are distracted, to target unsuspecting individuals.
Here at BTC Markets, we're excited to see AMP stepping into the crypto space with their Bitcoin allocation, and I couldn't agree more with their strategic approach.