Bitcoin exchange rate is closely watched by investors amidst market skidding due to the decline of the US dollar.

The entities involved

• US Dollar (Next day) →

  Distinct currency with ISO 4217 code "USN", defined for trade purposes

  • The People's Bank of China sets the daily reference rate for currency trading and manages the value of the Renminbi against the US Dollar.Mon 03:21
  • The Fed is monitoring inflation and market sentiment following the US-Iran deal.Mon 02:04
• Bitcoin →

  digital cash system and associated currency

  • Tensions between the US and Iran are pressuring market narratives, while President Trump's remarks are reportedly derailing nuclear talks.Mon 17:50
  • Bitmine holds 4.7% of total Ethereum coin supply and 205 Bitcoin, with Founders Fund among its institutional investors.Mon 16:28

Related events

• Fed rate moves Bitcoin most when markets surprise.Sep 21
• Bitcoin prices influenced by Fed's monetary policy.Jul 2
• Bitcoin prices are closely tracking interest rate signals from the FED as the Jackson Hole symposium approaches.Sep 12
• Bitcoin is forecasted to reach $1 million in ten years, and Changpeng Zhao co-founded the cryptocurrency exchange Binance.Jul 2
• Analysts at Bitfinex are providing technical analysis on Bitcoin, while the upcoming Fed rate decision is expected to impact market movement.Jul 28