Bitcoin on track for best week in more than two years. Can this mean the next crypto bull market has arrived?

Is bitcoin ready to move on after a lengthy slump? One analyst says investors should be careful in trying to guess a bottom for the crypto.

Federal Reserve Bank of San Francisco President Mary Daly suggested the US Treasury market signals that monetary policy is in a good place. She also sees no evidence that making preemptive cuts or hikes is an urgent problem to solve. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bitcoin rises after the US Treasury doubles bond buybacks. Lower yields, a weaker dollar and liquidity hopes boost BTC, crypto and gold amid inflation fears.

Inflation accelerated to 2.9 per cent in July following the increase to the energy price cap, according to figures from the Office for National Statistics.