Bitcoin (BTC) headed toward the upper end of its trading range on June 24 as optimism crept back into traders’ forecasts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price "ready for $23,000"
US stocks rose Friday, with the S&P 500 ending a three-week losing streak as investors digested Federal Reserve officials' latest affirmations that they remained committed to bringing down inflation. The S&P 500 rose by more than 3%,...
SINGAPORE — Shares in the Asia-Pacific region were higher on Friday as investors weigh recession fears. Hong Kong’s Hang Seng index jumped 1.47%, with the Hang Seng Tech index rising around 3%. SenseTime jumped 6.57% and Xpeng rose 9.21%. Logistics company GoGoX rose as high as 23.15 Hong Kong dollars ($2.95)...
Stock futures gained on Friday morning as Wall Street looked to grind out a rare positive week in what has been a rough first half of the year. Futures tied to the Dow Jones Industrial Average rose 102 points, or 0.33%. Futures for the S&P 500 were 0.51% higher, while...
Due to the sharp fall in the price of bitcoin (BTC) in recent weeks, Wall Street firm B. Riley is reducing its price estimates for the digital asset and is also cutting price targets for the digital mining stocks it covers, it said in a report Thursday. The broker downgraded...
Given bitcoin’s (BTC) widening use in an increasing number of areas and the exponential growth of wallet activity, the crypto is “technically oversold” at current levels, SkyBridge founder Anthony Scaramucci said Thursday in a speech at the Collision conference in Toronto. Scaramucci said investors may look back and recognize bitcoin...
The pan-European Stoxx 600 provisionally ended down 0.7%, with basic resources sliding 5% to lead losses as most sectors and major bourses ended in negative territory. In terms of individual share price movement in Europe, Voestalpine shares...
Stocks fell slightly Wednesday in choppy trading as markets struggled to sustain a rebound from earlier in the day. Traders also weighed comments from Federal Reserve Chair Jerome Powell, who reiterated the central bank’s stance to fight...
Bitcoin (BTC) slipped to under $20,000 during Asian trading hours on Wednesday as a brief relief rally seemed to reverse amid recession fears in the broader equity markets. Prices dropped to just over $19,900 at press time,...
If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further. That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000 —...
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