The cryptocurrency Market is currently experiencing a surge, but retail investors seem hesitant to jump back in, likely due to memories of the rapid downturn during the 2021 bubble. While Bitcoin trading is increasing, experts note that interest from retail investors has not yet matched previous highs, indicating many are still watching from the sidelines. ...
On Thanksgiving four years ago, the cryptocurrency world faced a significant downturn known as the “Thanksgiving Day Massacre.” Between November 24 and 27, 2020, Bitcoin’s price dropped from around $19,500 to $16,200, a nearly 17% fall. However, if you had invested $1,000 during this dip, buying about 0.0617 BTC, your investment would be worth approximately ...
Bitcoin is currently stabilizing in a price range of $90,000 to $98,000, supported by strong bullish signals, although there are signs of declining trading volume. Meanwhile, Bitcoin dominance is decreasing, indicating a shift of interest toward smaller altcoins, which may benefit as Bitcoin’s volatility lessens, creating a favorable environment for altcoin rallies over the weekend. ...
Investors are growing concerned about Bitcoin’s recent price drops, with predictions of a 20-25% decline in the global M2 money supply. Currently priced at $92,864, Bitcoin has fallen nearly 9% from its peak of just under $100,000, partly due to long-term holders selling a significant amount. Analysts have noted that Bitcoin typically mirrors M2 trends ...
Jeff Yass from Susquehanna International sold over 1.5 million shares of Palantir in early 2024, shifting focus to a fast-growing AI stock, Super Micro Computer, despite its recent troubles. The AI trend is booming on Wall Street, with predictions that it could add $15.7 trillion to the global economy by 2030. Still, concerns about Palantir’s ...
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.
In an interview with Bloomberg, Thornburg Investment Management Portfolio Manager Emily Leveille emphasized that the AI arms race is ongoing, and investors are keen on owning the 'arms dealers' of this technology. However, she expressed caution regarding consumer stocks, expecting a slowdown in that sector. The discussion took place on October 31, 2024, with hosts Scarlet Fu and Vonnie Quinn.
The recent sharp selloff in UK bonds, which pushed borrowing costs to their highest level in a year, lost steam on Friday. Investors paused their selling, leading to a stabilization in the bond market.
Investors who have been hedging against a possible drop in US Treasuries are bracing for market volatility. This comes as they await the upcoming US employment report, influenced by hurricanes and strikes, which will provide crucial insights before next week’s Federal Reserve policy decision.
Gold prices rebounded after experiencing their largest one-day drop since July. Traders are closely monitoring the upcoming US jobs data while also considering potential market disruptions as the presidential election approaches.
