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BigGo Finance·Oct 29, 202650 signal

Bitcoin Climbs Past $81,000 as Strong GDP Reading Offsets Alphabet-Led Tech Rout

Bitcoin rebounded to $81,547 on Bitstamp after dipping to $79,607, lifted by U.S. data showing third-quarter GDP growth of 3.4% and PCE inflation of 3.6% year over year. The gains came despite a 1.64% drop in the Nasdaq Composite, where Alphabet fell about 13% on a revenue miss and negative free cash flow of roughly $9.1 billion tied to AI infrastructure spending. The Federal Reserve held rates at 3.75%-4%, with Chair Kevin Warsh calling activity strong and inflation elevated. Analyst Rekt Capital identified $81,400 as the key level for bitcoin's weekly close, while October is set to end with a 3.3% decline.

FinanceGOOGL
Egyptian Gazette·Oct 29, 202645 signal

CBE decides to raise key interest rates by 1%

The Monetary Policy Committee of the Central Bank of Egypt (CBE) has decided to increase key policy rates by 100 basis points (1 percentage point) at its meeting on Thursday. Following this adjustment, the...

Economy
Business Insider·Oct 29, 202645 signal

Florida has some serious competition for the best state to retire in

By Jordan Pandy You're currently following this author! Click to unsubscribe from email alerts. Florida and Texas cities make up half of the top 15 best cities to retire in. Twenty47studio/Getty Images There are a lot of financial concerns surrounding retirement , and choosing where to live might be one of the biggest

Finance
The Defiant·Oct 29, 202648 signal

HTX Exits UK Following FCA Settlement

Existing customers cannot trade and must request approval for a one-time 48-hour withdrawal window, subject to sanctions controls.Existing customers cannot trade and must request approval for a one-time...

Finance
FXStreet·Oct 29, 202645 signal

160 is still the Yen's red line

Japan's Finance Ministry has spent ¥27.13 trillion in 2026 buying Japanese Yen after the US Dollar rose above 160.00 Yen. The Bank of Japan isn't expected to raise rates again before December, so that level will test Tokyo's willingness to spend next.

Finance
Tom's Hardware·Oct 29, 202659 signal

Elon Musk's SpaceX buying out 418 homes near flagship AI data center, but only if they drop participation in lawsuit — report claims the company is targeting an entire neighborhood, but will only buy from people who don't pursue noise pollution complaints

SpaceXSI, Elon Musk’s data center business powering Grok, is reportedly buying 418 properties in Colonial Hills, Southaven, which sits about half a mile from the powerplant that the company will use to power...

BusinessPPLI
TradingView·Oct 29, 202648 signal

Bitcoin price jumps to $81.5K as US GDP data beats expectations

Bitcoin (BTC) rebounded above $81,000 after Thursday’s Wall Street open as US GDP numbers stayed strong and inflation data conformed to estimates.Key points:Bitcoin brushes off Alphabet earnings missData from TradingView showed BITSTAMP:BTCUSD reaching $81,547 on Bitstamp after dropping as low as...

Finance