Canada’s labour market recorded a sharp contraction in February as employment declined by 83,900 positions, according to data from Statistics Canada. The unemployment rate increased to 6.7%, reflecting weaker hiring conditions across several sectors. Bitcoin traders are therefore monitoring employment indicators. Data from major economies such as Canada and the United States can shape liquidity
The primary cryptocurrency registered a renewed uptick over the past hours, with its price soaring past $74,000 before it faced an immediate rejection. The broader outlook remains bearish, with $BTC still trading far below its all-time high of over $126,000 reached last October. Analysts have highlighted several key resistance levels that must be reclaimed before
Bitcoin is pushing into a more decisive part of its recovery. After spending weeks rebuilding from the February flush, the market is no longer just defending support. It is now pressing toward a key resistance cluster around the $80K, which makes this the kind of area where a simple relief rally either matures into something
Story Highlights US GDP grew just 0.7% in Q4 2025, revised down from 1.4%, while core PCE inflation held at 3.1% in January. CME FedWatch shows over 92% probability the Fed holds rates unchanged at the March 17-18 FOMC meeting. Bitcoin is trading at $73,537, up 4.42% on the day. The US economy grew just
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace company, SpaceX, ahead of a potential initial public offering. xAI has been undergoing internal restructuring since mid-February after the merger. Musk confirmed several staff departures during an all-hands meeting last month, after co-founders such as
Bitcoin is pushing higher after clearing a resistance level, but one analyst is pumping the brakes before calling it a confirmed rally. The analyst’s core position has not shifted in weeks. Bitcoin is currently in a counter-trend bounce, meaning it is moving against the dominant direction of the market rather than with it. Counter-trend moves
Bitcoin surged to a weekly high of $73,838, breaking out of a tight range of $70,000 to $71,000. The upward movement caught bearish traders off guard, leading to the liquidation of $445 million in leveraged positions. Liquidations and ETF Inflows Bitcoin rallied to a weekly high of $73,838 Friday, successfully breaking out of the narrow
Cryptocurrency analysis platform Santiment has published a new report noting that digital assets are beginning to diverge from traditional markets amid rising global uncertainties and war tensions. According to data shared by Santiment analyst Brian Quinlivan, the cryptocurrency market has shown resilience against the S&P 500 and gold in recent weeks. An examination of the
Ric Edelman, founder of the Digital Asset Council, assessed Bitcoin’s (BTC) current price movements and future potential. According to Edelman, Bitcoin will outperform traditional investment instruments over the next 10 years thanks to its low adoption rate and limited supply. At a time when the Bitcoin price is hovering around $70,000 and uncertainty prevails in
The fast-growing market for tokenized U.S. Treasuries has a new leader. Circle (CRCL), best known as the issuer of the $USDC ($USDC) stablecoin, has become the largest provider of tokenized Treasury exposure after its USYC token expanded to about $2.2 billion in supply, according to RWA.xyz data. That growth pushed USYC past BlackRock’s USD Institutional