Finance: News, Insights, Predictions

Bitcoin is currently consolidating around $113,000 as traders reduce their leverage, indicating a cautious approach amid macroeconomic concerns. The market is positioning itself for a potential breakout towards $120,000.

The cryptocurrency market continues to be unpredictable, leading traders to eagerly anticipate the next major shift. Many are questioning the future trajectory of Bitcoin's price in the coming months of September, October, and November.

A recent article from The Block's newsletter, The Daily, discusses a recent NPM supply chain attack on the cryptocurrency sector, which reportedly affected "almost no victims." Additionally, Cboe is planning to introduce "perpetual-style" futures for Bitcoin and Ethereum, among other topics covered in the newsletter.

Bitcoin's price has reached $112,000 as excitement grows around popular cryptocurrencies, including Layer Brett. Investors are advised to conduct their own research before making any decisions.

Worksport Ltd. (NASDAQ: WKSP) reported record sales after integrating Bitcoin (CRYPTO: BTC) and Ripple (CRYPTO: XRP) into its corporate treasury strategy earlier this year.

Bitcoin has experienced a 2.5% increase over the past week as the cryptocurrency market continues to recover from its recent downturn.

As Bitcoin (BTC) enthusiasts prepare for a possible price surge in October, investors are actively seeking new opportunities within the cryptocurrency market.

The 2026 appropriations bill introduced by the U.S. House Appropriations Committee mandates the Treasury to conduct a study on the strategic stockpiling of Bitcoin (BTC).

In August, corporate bitcoin treasuries increased significantly, with tracked entities adding 47,718 BTC, bringing their total disclosed holdings to 3.68 million BTC.

Bitcoin is currently priced at $112,800 as large investors, known as whales, sell off a total of $12.7 billion in assets. Meanwhile, a strategic investment has been made, amounting to $217 million, while exchange-traded funds (ETFs) have experienced outflows of $368 million. With potential Federal Reserve cuts on the horizon, key price levels to watch are $111,000 for support and a resistance range between $114,000 and $120,000.

In an era where traditional savings accounts provide minimal benefits to younger generations, recent research indicates that Bitcoin (BTC) is gaining popularity as an alternative investment option.

Recent revisions to US jobs data signal potential Federal Reserve rate cuts, which could ignite a rally for Bitcoin. Currently, BTC is maintaining crucial support levels and is targeting a rise to $129,000 in the near future.

Total money market fund assets rose by $52.37 billion, reaching $7.26 trillion for the week ending September 3, as reported by the Investment Company Institute.

Bitcoin (BTC) is attracting significant investor interest as it approaches critical resistance levels. Market participants are closely monitoring developments that could influence its price trajectory.

Azerbaijan's Unified Treasury Account reported a significant increase in its free balance, which reached over 4.5 billion manat by July, marking an increase of nearly 2.7 billion manat since the beginning of the year.

Gold prices are expected to reach new heights, while the USD exchange rate has seen a slight uptick. Additionally, global oil prices continue to rise, impacting various markets including domestic coffee.

Turkiye's medical device market is projected to shrink at a compound annual growth rate (CAGR) of 8.7% in US dollar terms until 2029, primarily due to the weakening lira and rising inflation.

Turkey's medium-term economic programme predicts inflation will reach 28.5% in 2025, followed by a decline to 16% in 2026. The forecast indicates that inflation will drop to single digits starting in 2027.

Brazil's consumer price index is expected to have decreased by 0.15% in August compared to July, primarily due to a special discount on electricity bills and stable market trends.

The USD/JPY exchange rate fell 1.9% from its monthly highs, indicating that it is now ready for a potential breakout from a multi-week trading range. The short-term technical chart shows clear levels of support and resistance.

The Pound Sterling (GBP) continued its upward trend against the US Dollar (USD) for the third consecutive trading day on Tuesday.

The British Pound gained strength as the US Dollar reached a seven-week low, driven by expectations of interest rate cuts. This market analysis covers key indicators such as the British Pound, US Dollar, DAX, and US Dollar Index Futures. For a detailed overview, refer to the analysis on Investing.com.

EUR/USD continued its rally following the Non-Farm Payroll report this week; however, it remains at risk as it trades below the 2025 high close. Key levels are being established on the weekly technical chart for EUR/USD.

GBP/USD experienced a decline during the North American session following a disappointing revision of Nonfarm Payrolls that fell short of expectations.

The Pound to Dollar (GBP/USD) exchange rate remained stable below 1.3500 on Monday, rising towards 1.3540 due to declining US bond yields and a weaker dollar. Analysts caution that further gains for the GBP may be limited ahead of a potential Federal Reserve interest rate cut.