Bitcoin price is on the verge of a notable trend change in its weekly and monthly timeframe chart. On both timeframes, a close above $65,000 sets a higher high and breaks the trend of lower highs which has defined BTC’s price...
Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an outsized interest rate cut at the Federal Reserve's November policy meeting. A global stock index also reached a record high, helped by China's stimulus...
The U.S. presidential election on Tuesday, November 5, is just a few weeks out and polls show the race remains head-to-head between Vice President Kamala Harris and former President Donald Trump. The election could create a roller-coaster ride for investors in both the lead-up and the aftermath. Indeed, "volatility typically...
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin btc-0.09%Bitcoin recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to...
Looking for a more affordable way to invest in Bitcoin? The iShares Bitcoin Trust ETF (IBIT) offers exposure to the cryptocurrency with several key benefits, including a lower price point. The crypto market is poised for serious price gains over the next year or two. In particular, many investors look...
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap stocks and enabled Wall Street's three main indexes to...
The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve. Last week, the S&P...
Bitcoin (BTC) surged past $65,000, holding steady at $65,580 amid a 3% rally, as experts point to easing monetary policy, China’s stimulus, and increasing on-chain activity as key drivers for the current momentum. Analysts now suggest a...
American investors appear to be regaining their appetite for risk, as new exchange-traded funds (ETFs) giving a leveraged position to MicroStrategy stock are booming. MSTX, which launched in August, now has $357.6 million in assets under management....
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall Street hoping for a half percentage point cut. The Consumer Price Index on a core basis, excluding volatile food and...
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