Cryptocurrencies rebound after previous day’s sell-off Selim Korkutata | Anadolu Agency | Getty Images Cryptocurrencies recover, Bitcoin surges over 7% Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day’s sell-off, which came soon after bitcoin hit an all-time high. According to Coin Metrics, Bitcoin jumped 7.2% to $66,801.38, while ether rocketed … Read more
He bitcoinsthe most used cryptocurrency, surpassed $57,100 this Tuesday, its highest level since the end of December 2021, during a day of oscillations. After the closing of Wall StreetAt 5:00 p.m. local time in New York (22:00 GMT), bitcoin lost the level of $57,000 that it reached last morning and was below $56,800. Since January … Read more
Bitcoin Hits New All-Time High Before Retreating, Fueled by ETFs Bitcoin Hits New All-Time High Before Retreating, Fueled by ETFs Bitcoin Surges to New Heights Bitcoin, the world’s largest cryptocurrency, reached an all-time high on Tuesday, soaring to $68,869, surpassing the previous high of $68,789 set on November 10, 2021. However, the excitement was short-lived … Read more
Are US stocks forming a bubble? The answer depends on who you ask. For Marko Kolanovic, chief market strategist at JPMorgan Chase & Co., the dramatic rise in U.S. stocks and Bitcoin’s rise above $60,000 are signals that the answer is yes. Kolanovic said the rise suggests a buildup of floss in the market, a … Read more
The largest cryptocurrency by market capitalization, Bitcoin, is on track for its biggest monthly gain in more than three years, driven by a rush of cash flowing into exchange-traded funds. According to Reutersthe approval and launch of spot bitcoin exchange-traded funds in the US this year opened up the asset class to new investors and … Read more
Block Stock Jumps 14% After Beating Q4 Earnings Estimates Payment Company Sees Strong Growth in Square and Cash App Revenue Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App … Read more
A year ago, the crypto market was in such a slump that the idea that Bitcoin could retest its all-time high of just under $69,000 was scoffed at. Twelve months have passed since then, and some research now points to this possibility. Technical analysis of Bitcoin’s rise to $52,000, the largest digital asset, compared to … Read more
The price of the most popular cryptocurrency in the world, Bitcoin, increased by 10% compared to quotes on Friday, February 9. As of Monday evening, February 12, it is more than 50 thousand dollars. This data is provided by the crypto exchange Coindesk. Experts attribute the growth to the easing of China’s monetary policy. This … Read more
In the US stock market on the 9th, the S&P 500 stock index rose for the fourth day in a row and exceeded the 5,000 mark for the first time at closing price. Expectations for interest rate cuts and solid corporate performance are pushing up stock prices. Stock closing price change rate from previous business … Read more
The Bitcoin community is currently full of discussion topics regarding the emergence of cryptocurrencies. “supply shock” which is a market phenomenon in which the demand for an asset exceeds the available supply As a result, the price of the asset may skyrocket. And currently many indicators are pointing in the same direction. This event may … Read more