The U.S. dollar index has dipped below 100, while gold prices have reached new all-time highs amid rising global economic uncertainty caused by increasing tariffs. This has negatively impacted asset prices, particularly in the tech sector and cryptocurrency markets. Bitcoin has seen a 26% drop from its January peak of $109,000, reflecting its growing maturity ...
The U.S. dollar index has dipped below 100, while gold prices have surged to record heights amidst rising global economic concerns from escalating tariffs. This environment has negatively impacted both tech stocks and cryptocurrencies. Bitcoin has seen a noticeable decline of about 26% since its January peak of $109,000. In comparison to leading tech stocks, ...
Bitcoin’s price may be near a five-month low, but it’s currently outperforming major tech stocks amid economic uncertainty caused by U.S. tariffs. As of this week, one Bitcoin is worth approximately 1,993 shares of the Roundhill Magnificent Seven ETF, an increase from last year’s 1,756 shares when Bitcoin was priced at $69,000. Despite recent dips, ...
Bitcoin’s price is currently near a five-month low, influenced by U.S. trade tariffs affecting major tech companies. Despite this, Bitcoin has gained strength compared to the “Magnificent Seven” tech stocks, like Apple and Tesla. As of now, one Bitcoin can buy around 1,993 shares of the Roundhill Magnificent Seven ETF, up from 1,756 shares a ...
On Monday morning in Asia, Bitcoin (BTC) hit a trading price above $79,000 amidst a massive global Market sell-off. Meanwhile, the CoinDesk 20 index, which tracks the top digital assets, fell by 8%. Major stock markets experienced significant losses, with Hong Kong’s Hang Seng down over 8% and tech giants like Alibaba and Tencent seeing ...
Recent Market fluctuations affected major tech stocks known as the Magnificent 7, including Nvidia and Microsoft, primarily due to new tariffs introduced by President Donald Trump. Nvidia’s stock saw a decline of 4.1%, while Microsoft faced challenges with data center projects, raising concerns about its AI strategies. Meanwhile, AMD announced plans to spin off non-core ...
Nvidia and other major tech stocks, known as the Magnificent 7, experienced a decline due to new tariffs and a downgrade from a major bank. While Nvidia’s shares fell by 4.1%, other companies like Tesla, Amazon, and Microsoft also faced significant drops. In contrast, Apple saw a slight increase. Meanwhile, Intel announced plans to spin ...
The cryptocurrency Market saw a brief rally following Donald Trump’s election, fueled by hopes for friendlier regulations. However, recent economic fears, including potential tariffs and a looming recession, have led to declines in many digital currencies. In contrast, tech stocks like Taiwan Semiconductor and Nvidia are seen as more stable investments with strong growth potential. ...
The cryptocurrency Market saw a temporary rise after President Trump’s election, as some believed his relaxed approach to regulation could benefit digital currencies. However, concerns about tariffs, recession fears, and general investor pessimism led to a decline in many cryptocurrencies. In this context, tech stocks, particularly Taiwan Semiconductor Manufacturing and Nvidia, might offer better long-term ...
A recent report from Standard Chartered suggests that investors should consider bitcoin as a tech stock rather than just a digital version of gold. The report reveals that bitcoin’s price movements are more closely linked to the Nasdaq index than to gold. While it can still serve as a hedge in financial crises, like the ...
