The financial, housing, and cryptocurrency markets are facing significant pressures, as seen with declines in major indices. The NYSE Financial Index and Philadelphia Housing Index both fell over 2%, while bitcoin’s value dropped 3.5%, now at $83,841. Investors are being extra cautious, turning to safer assets like US Treasuries as inflation concerns grow. Overall consumer ...
Bitcoin’s price volatility has reached a six-month high, primarily due to economic uncertainties in the U.S., including inflation risks and trade tensions. Its 30-day volatility jumped from 1.6% to 3.6%, signaling ongoing price fluctuations, despite being lower than last year’s peak. Bitcoin’s value has decreased by 10% in the past month and over 20% from ...
A crypto analyst, Matthew Hyland, suggests that Bitcoin needs to close above $89,000 by the end of the week to signal an end to its current downtrend. He highlighted this in a recent video, stating that a failure to do so could lead Bitcoin’s price to drop to between $69,000 and $74,000, a level it ...
Bitcoin could see a price rebound this Friday as the US debt suspension period ends, potentially adding more liquidity to the Market. Since January 20, when the US Treasury hit its $36 trillion debt ceiling, Bitcoin’s price has fallen 22%, dropping from over $106,000 to around $82,535. Analysts suggest that increased government spending might drive ...
Bitcoin has fallen below $80,000 for the first time since November, experiencing a significant drop from its all-time high of over $109,000 reached last month. This decline is part of a broader cryptocurrency sell-off sparked by increasing Market volatility and concerns over U.S. President Donald Trump’s proposed tariffs. His announcement of a 25 percent tariff ...
A key momentum indicator for Bitcoin, the MACD histogram, has recently turned negative, suggesting a potential bearish shift in price momentum. This change coincides with President Trump’s tariff announcements, which could create Market instability. However, current Bitcoin prices are still holding between $90,000 and $100,000, indicating that the negative MACD reading may not yet be ...
Bitcoin (BTC-USD) has dropped significantly, reaching its lowest point since November at $92,500. This decline follows a notable increase after Donald Trump’s presidential win last month, when Bitcoin first surpassed the $100,000 mark. Trump’s election is viewed positively by the crypto industry, especially after the scrutiny under the SEC during the Biden administration. With Trump’s ...
Bitcoin has seen a surge in price, recently hovering around $90,000 and nearing the significant $100,000 mark after an increase linked to the recent presidential election. Experts attribute this rise partly to anticipated friendlier regulations under Donald Trump’s administration, as well as concerns about inflation. Bitcoin is regarded as the most prominent cryptocurrency, operating independently ...
Ontario will extend its temporary cut to gasoline and diesel taxes until next June, Premier Doug Ford announced at a news conference on Sunday.
