September is historically a tough month for cryptocurrencies, and bitcoin (BTC-USD) is kicking off the first trading day of September below the $60,000 level. Fundstrat vice president of digital asset strategy Sean Farrell joins Morning Brief to discuss what this month may have in store for crypto investors.
"If you...
Summer is coming to a close, but the weather is not the only thing that remains hot. The stock market has been scorching hot as well. Both the S&P 500 and Dow Jones Industrial Average blazed to all-time record highs last month. In fact, both of these indexes have...
Asia-Pacific markets mostly rebounded on Thursday from the sell-off a day ago, except for Japan’s Nikkei 225.
The Nikkei was the only outlier, falling marginally, while the broad based Topix was up 0.45% after the release of Japan’s July wage data.
Average monthly cash earnings in the country rose 3.6% year-on-year, a softer...
Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion from the value of market darling chipmaker Nvidia.
Bitcoin traded near $59,000 on Sept. 3 after a last-minute comeback delivered 3.2% daily gains.
BTC/USD 1-day chart. Source: TradingView
BTC price: “Green” first week could be September outlier
Stocks (^DJI,^GSPC, ^IXIC) are struggling to hold onto last week’s gains as investors brace for August's pivotal jobs report this Friday. Recession concerns heightened after July’s print revealed the unemployment rate hit 4.3%, triggering the Sahm Rule. As investors await the Federal...
Crypto analysts are predicting three major events in the coming weeks that could drive up the price of Bitcoin.
For the last seven months, Bitcoin has traded in a downtrend between $74,000 and $52,000, and investors have...
September has traditionally been a terrible month for traders and risks being even harder to navigate in 2024 given lingering questions about the Federal Reserve’s anticipated interest-rate cut.
Bonds, stocks and gold have typically suffered losses in the month, as traders reassessed their portfolios after the summer break. The S&P...
Market volatility often prompts investors to kick the tires on their portfolio, which for US investors has often meant turning to exchange traded funds, or ETFs, to refresh positions or act on new ideas.
Since the pandemic, the ETF market has roughly doubled in size — as of the end...
Bitcoin price has been reeling under selling pressure and is on target to fall by more than 9% this week. Bitcoin has consistently formed lower highs for the past few months, which is a negative sign. This brings the onus on the bulls to defend the support.
The markets are...
