Bitcoin is staging a notable recovery this week, climbing back above the 75,000 handle even as geopolitical tensions in the Middle East remain elevated. The move challenges the typical risk-off playbook, where escalating conflict would normally pressure crypto assets. Instead, improving sentiment as oil stabilizes has helped, but the rebound appears to be driven more […]
The post Bitcoin rebounds above 75k on short squeeze, 80–85k zone to cap upside appeared first on ActionForex.
RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. While inflation has fallen substantially since its peak in 2022, it picked up materially in the second Read more…
Key Highlights Bitcoin started a steady increase above $72,000 and $75,000. A bullish trend line is forming with support at $71,500 on the 4-hour chart of BTC/USD. Ethereum also climbed over 10% and surpassed $2,350. Read more…