Extreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United States grapples with the highest Consumer Price Index (CPI) print since 1981.
Stocks fell on Tuesday, after an early morning bounce gave way to selling as investors weighed the latest U.S. inflation data. The report showed another sharp increase in prices for last month. The S&P 500 declined 0.34%...
Making money in the stock market will likely look different over the next few years compared to the low interest rate era seen from the end of the Great Financial Crisis, says BlackRock's CIO of U.S. fundamental equities Tony DeSpirito.
LONDON — European markets closed lower Monday to begin a week of key central bank meetings and U.S. inflation prints. The pan-European Stoxx 600 closed down by 0.7%, with tech stocks sliding 2% to lead losses as most sectors and major bourses finished in negative territory. Societe Generale led broad gains...
Long-term U.S. Treasury yields jumped to a three-year high, fueling a global rise in borrowing costs as traders intensified bets on aggressive rate hikes from major central banks. Ten-year U.S. yields climbed through 2.75% for the first time since March 2019 as investors priced in the impact of the Federal...
On April 11, Bitcoin (BTC) dropped to $40,500, reaching a crucial level that erased the gains from the previous three weeks when the price peaked at $48,200 on March 28. According to analysts, the United States Federal Reserve balance sheet reductions are adding pressure to stocks and risk assets, with Bitcoin standing to...
The price of bitcoin stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve. Bitcoin last fell 7% to $40,009.78, according to Coin Metrics. Earlier in the day it fell to $39,785.68, falling below the key $40,000 support level...
In a recent tweet, Cardano founder Charles Hoskinson opined that Bitcoin hadn’t gone too far with its UTXO model due to its limited programmability. He sees the Extended UTXO (EUTXO) accounting model as “the logical next step.”
The brakes have been slammed on stock market listings as inflation, the war in Ukraine and energy prices spook investors. In the first three months of the year, 19 firms made their debut on the London Stock...
Stock futures declined on Sunday evening as Wall Street looks to shake off a losing week. Futures tied to the Dow Jones Industrial Average declined 181 points, or around 0.5%. Those for the S&P 500 also shed...
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