After dropping 3.45% on Sept. 30, Bitcoin missed out on a monthly bullish engulfing candle for the first time since January 2023.
Still, a year-long bull flag remains in play for Bitcoin, which will undergo a bullish breakout once BTC closes above $68,000-$70,000 on the monthly chart.
Bitcoin monthly chart. Source: Trading...
Stocks retreated Tuesday as growing tensions in the Middle East poured water on investor enthusiasm coming off a strong quarter.
The Dow Jones Industrial Average fell 173.18 points, or 0.41%, to 42,156.97. The S&P 500 pulled back 0.93% to 5,708.75, while the Nasdaq Composite lost 1.53% to finish at 17,910.36.
West Texas Intermediate crude oil spiked after the...
Cryptocurrencies tumbled during the Tuesday U.S. session as headlines of escalating tension in the Middle East prompted investors to flee risk assets.
Bitcoin (BTC), the largest digital asset by market cap, climbed to around $64,000 during European hours before quickly tumbling to $62,500 as Axios reported the White House as having indications Iran...
Oil prices didn’t react sharply on Monday after Hezbollah confirmed that its leader was killed on Friday in an Israeli airstrike in the Lebanese capital of Beirut.
Over the weekend, Israel Defense Forces reported that Hassan Nasrallah, who had led the Iran-backed militant group Hezbollah for over thirty years, was...
Cryptocurrencies fell sharply on Monday with bitcoin (BTC) nearing the $63,000 level during the U.S. session, finishing on a sour note of what otherwise was a surprisingly stellar September for digital assets.
BTC dipped 3.7% over the past 24 hours, while ether (ETH) and solana (SOL) held up relatively well with 2.8% and 1.9% declines, respectively....
The Dow drops 350 points after Fed chair Jerome Powell signals a slow approach to interest rate cuts
The Dow Jones Industrial Average (DJIA) dropped more than 350 points Monday afternoon after Federal Reserve Chair Jerome Powell said that more interest rate cuts were coming, but that the central bank is not in a rush to “cut rates quickly.”
Speaking at the National Association for Business Economics’ annual...
Bitcoin opened the week with a sell-off to $63,000, and the intra-day trend was not impacted by United States Federal Reserve Chair Jerome Powell’s statement that additional rate cuts were part of the Fed’s plan. Despite the correction, Bitcoin price remains on track to close Q3 with positive returns.
On...
After big pullbacks, this athletic apparel company and personal-care products retailer look poised to deliver large wins.
The stock market has posted strong performance in 2024, with the S&P 500 index climbing roughly 20% across that stretch. On the...
China stocks rally 4% as manufacturing contracts less than feared; Japan’s Nikkei falls more than 4%
Stocks in mainland China spiked 4.84% while Japan’s Nikkei 225 tumbled 4.64% on Monday as investors assessed key economic data from the two countries.
China’s official purchasing managers’ index reading for September came in at 49.8, better than the...
Spot Bitcoin exchange-traded funds (ETFs) based in the United States have raked in more than $1.1 billion since Sept. 23, the largest week of inflows since July 15–19.
According to Farside Investors, it included $494.4 million on Sept....