Bitcoin is currently facing significant pressure, with its price dipping to around $76,000, a decline of about 10%. This drop is attributed to recent comments from President Trump concerning tariffs, which have spooked traders and led to a sell-off in both stocks and cryptocurrencies. The uncertainty stemming from the potential economic impact of these tariffs ...
Bitcoin’s value fell below the important $80,000 mark, dropping 5% to about $79,000. This decline comes amid rising concerns about tariffs and their potential impact on the Market, especially following China’s retaliation against U.S. tariffs. Investors are closely monitoring key support levels at $74,000, $65,000, and $57,000, while the resistance level to watch is near ...
Bitcoin is on the brink of a “death cross,” a concerning signal indicating possible price declines ahead for the cryptocurrency. This technical analysis occurs when Bitcoin’s 50-day average price dips below its 200-day average. Currently, there’s a $2,000 gap between these averages, hinting that this signal could appear soon. Historically, previous death crosses have resulted ...
Bitcoin is currently trading at just over $81,500 as it experiences a downturn following a weekend slide. Major cryptocurrencies like XRP and Cardano’s ADA have dropped around 5%, while Solana, Dogecoin, and Ether have seen losses between 2% and 3%. Last week, Bitcoin ETFs welcomed $196 million in inflows, whereas Ether ETFs faced an outflow ...
Elon Musk’s influence can significantly affect the stock and cryptocurrency markets. Investors closely follow his social media activity, hoping to profit from his moves. Musk is working to expand X (formerly Twitter) into a multifunctional platform, similar to China’s WeChat, potentially introducing a payment system that could include cryptocurrencies. If he integrates Bitcoin or other ...
As the Federal Open Market Committee (FOMC) meeting on January 29 approaches, crypto investors face uncertainty following a recent price crash and the introduction of a crypto executive order by President Trump. Analyst Byzantine General predicts Bitcoin will stay within a price range of $90,682 to $108,388 until the FOMC’s decision. The Market could react ...
Agentic AI is set to make waves in 2025, captivating investors as major tech firms embrace this emerging technology. One of the leading names in AI, Palantir, saw its stock skyrocket by 340% in 2024 but has struggled with a 16% decline this year. While Palantir has established itself as a key player in AI, ...
Bitcoin’s trading volume has plummeted by about 97% since its peak in November, yet its price has surprisingly risen, approaching the $96,000 mark. This situation highlights unusual Market dynamics where lower liquidity may be allowing for easier price increases. However, Bitcoin is still trading below the crucial 50 EMA, indicating a bearish outlook unless it ...
Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, stated that if Donald Trump wins and Republicans sweep, the 10-year yield could rise to around 5%. Subadra Rajappa, Head of US Rates Strategy at Societe Generale, warned that a selloff in bond yields might negatively impact risky assets overall. They shared these insights in an interview with Sonali Basak on Bloomberg Real Yield.
Stocks in Asia fell today as traders prepared for increased volatility with next week’s US election and the Federal Reserve's rate decision looming.
