LONDON — European stocks fell sharply on Wednesday, giving up gains made in the previous sessions as global volatility continues. The pan-European Stoxx 600 dropped 1.7% in early trade, with basic resources sliding 4% to lead losses as all sectors and major bourses fell into negative territory. In terms of individual...
Bitcoin climbed on Tuesday after a slew of negative headlines had pushed the cryptocurrency to a new 2022 low over the weekend. The price of bitcoin jumped about 4% to $20,881.56, according to Coin Metrics. Over the weekend, it fell as low as $17,958.05. That was its lowest point since...
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a trip to near $21,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst eyes diminishing BTC stocks correlation Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $21,633 on Bitstamp, its best performance since June 16. The largest cryptocurrency managed...
Stock futures rose in overnight trading Monday following a brutal week as investors assessed a more aggressive Federal Reserve and rising chances of a recession. Futures on the Dow Jones Industrial Average jumped 433 points, or 1.45%....
The Federal Reserve’s latest rate hike is expected to keep markets on edge in the holiday-shortened week ahead. Wall Street will be closed on Monday, with markets observing Juneteenth for the first time. Last week, the S&P...
Markets have been on a wild ride recently, swinging between gains and losses. However, the brutal selling has meant the S&P 500 is still in a bear market. When asked whether markets have hit a bottom, Wall...
Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254.
SINGAPORE — Shares in Asia-Pacific were mixed on Monday, as investors monitored market reaction to the release of China’s latest benchmark lending rates. In South Korea, the Kospi led losses among the region’s major markets as it dropped 2.04% to close at 2,391.03, with shares of industry heavyweight Samsung Electronics...
A week of dramatic market swings has given rise to reactionary mistakes from investors who are increasingly trying to find their footing. With predictions of peak inflation disintegrated and a more aggressive approach to interest rate hikes from the Federal Reserve, experts say that ETF investors can make use of...
After a weekend of relentless losses, crypto’s top two coins made marginal recoveries on Sunday, rising above $20,000 and $1,000, respectively. BTC has recovered by just over 15% in the last 24 hours, rebounding from a shocking low of $17,772 yesterday, to $20,482 at time of writing, according to data...
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