Bitcoin is trading sideways, struggling to break $94,000 resistance, while altcoins like XRP and Solana see sharper losses ahead of the crucial U.S. PCE inflation report.
Fed Chair Jerome Powell’s recent speech offered no clues on monetary policy, disappointing markets. By focusing on historical inflation, Powell may have sent a subtle message about economic humility and the Fed’s independence, leaving crypto investors to navigate the resulting uncertainty.
The first week of December could be volatile for the crypto market, with key U.S. macroeconomic data on the docket. Events like Fed Chair Jerome Powell’s speech, the PCE inflation report, and jobs data could significantly impact Bitcoin’s price.
A new NIBUD study reveals that Dutch students’ pocket money has increased by 29% since 2020, outpacing inflation. The report details average amounts by age and notes shifts in saving habits and part-time work.
Bitcoin’s price showed resilience after a minor dip, with buyers defending the $86,000 level. The market is now focused on the upcoming US PCE inflation data for further direction.
After weeks of declines, the crypto market shows signs of recovery with modest gains, though bitcoin struggles while ethereum and XRP lead the upside. Positive US economic data supports the market sentiment.
After years of negligible returns, savings accounts in the Netherlands are finally offering attractive interest rates, with some banks providing up to 3%. This article compares the highest rates available, including those from traditional Dutch banks and international fintech providers, and analyzes whether saving is worthwhile in the current inflationary environment.