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Bitcoin Climbs 2% While Analysts Remain Wary of US Inflation Report

Bitcoin traded up 1.8% at $54,440 on Monday morning during European trading hours, rebounding from a weekend slide. The dip appeared to have been set off by Friday's disappointing U.S. jobs report, however, analysts are wary of significant outflows from spot ETFs and upcoming economic data releases that could impact market direction. The world's leading cryptocurrency showed a modest recovery following a weekend dip to $53,636, according to CoinGecko data. However, this uptick comes against a ba...

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Hedge funds are slashing bets on an oil rally amid a rout. Iron ore is on a downward trend as declines for steel prices in China bite. And biofuels are getting a boost over oil in Brazil.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItHow Americans Voted Their Way Into a Housing CrisisThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the