The price of Bitcoin climbed higher Friday, rising over 3% to a daily high above $62,300 earlier after a blowout jobs report helped assuage fears of an imminent economic slowdown in the U.S.
The Bureau of Labor...
U.S. stock futures rallied on Friday after the all-important jobs data came in much stronger than economists expected.
Futures tied to the Dow Jones Industrial Average gained 201 points, or 0.5%. S&P 500 futures and Nasdaq 100 futures climbed 0.7% and 1%, respectively.
Nonfarm payrolls grew by 254,000 jobs in September,...
Cryptocurrencies were under pressure Wednesday, after bitcoin slid back to $60,000 to kick off what is usually one of its strongest months.
The flagship crypto was last off by more than 1% at $60,767.64, according to Coin Metrics. Earlier it briefly dipped as low as $59,983.64. Ether last traded lower by 5% at $2,367.11.
Crypto...
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, according to Goldman Sachs.
U.S. crude futures rose around 5% on Thursday and ticked higher again Friday morning on concerns that Israel could strike Iran’s oil industry in retaliation for Tehran’s missile attack this week.
It is...
Bitcoin may see relief from its recent downturn as United States demand stays high, according to analysis.
In one of its Quicktake blog posts on Oct. 3, onchain analytics platform CryptoQuant revealed the “possibility of a short-term BTC increase.”
Golden cross boosts “short-term” BTC price recovery bets
Bitcoin BTC$61,293.84 price action has delivered several tests of $60,000...
North Carolina’s local Bitcoin communityis prepping a convoy of emergency room physicians, volunteers, and retired military personnel to provide critical assistance in the state’s mountain region following Hurricane Helene.
The operation will start on Oct. 4 from...
US stocks drifted higher on Wednesday as escalating Israel-Iran tensions fanned worries about a wider Middle East conflict, prompting overall caution in the market.
The S&P 500 (^GSPC), Dow Jones Industrial Average (^DJI), and Nasdaq Composite (^IXIC)...
Risk markets are off to an ominous start this October.
After a blistering rally over the first nine months that led the S&P 500 (^GSPC) to its best performance since 1997, the benchmark just had its worst...
Bitcoin declined by 8.3% between Sept. 30 and Oct. 1, reaching a two-week low of $60,207. Despite a modest recovery to $61,300 on Oct. 2, Bitcoin’s price remains 16.6% below its March 2024 all-time high, whereas gold and the S&P 500...
US stocks closed firmly lower on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas Intermediate (CL=F) and Brent (BZ=F) to their biggest increases in nearly a year.
The tech-heavy Nasdaq Composite (^IXIC) led the declines, shedding around 1.5%. The Dow Jones Industrial...
