Bitcoin rebounds over $41K after painting a ‘bullish hammer’ — Can BTC hit $64K next?
Yes, if the signs of bottoming out coming from the U.S. stock market are true. Go to Source Powered by WPeMatico
S&P 500
Auto Added by WPeMatico
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On the other hand, the price of gold has jumped 1.47% during … Read more
Solana’s weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?
More bearish cues for SOL comes from a bull flag setup that’s now breaking to the downside. Go to Source Powered by WPeMatico
Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January
Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms. Go to Source Powered by WPeMatico
Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction. Go to Source Powered by WPeMatico
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee … Read more
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones. Go to Source Powered by WPeMatico
MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million. Go to Source Powered by WPeMatico
Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases
The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar. Go to Source Powered by WPeMatico
Fed’s Vice Chair Says Tapering May Happen in 2021, Senator Joe Manchin ‘Alarmed Over Record Amount of Stimulus Injections’
The U.S. central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset purchases this year. Also, that the first interest rate hike since the onset of Covid-19 could happen in 2023. Meanwhile, despite members of the Fed saying inflation will be transitory, corporate bosses from some of … Read more