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Dow Hits New High: US Stocks Rise, Inflation Data and Fed Policy in Focus
Dow Hits New High: US Stocks Rise, Inflation Data and Fed Policy in FocusUS stocks closed higher overnight, with the Dow Jones Industrial Average hitting a new record high, up 0.99% to reach a new milestone
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Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummeting
Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummetingBitcoin's price recently fell below $96,000 per coin, dropping nearly 2%, triggering a collective downturn in cryptocurrency mining stocks. Among the hardest hit, Hut8 saw its share price fall over 9%, MicroStrategy over 6%, BitDigital over 5%, Riot Platforms over 4%, and Coinbase over 3%
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Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation Fears
Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes
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Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto Volatile
Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto VolatileEarly Friday morning, US market sentiment experienced significant volatility in response to Federal Reserve Chairman Jerome Powell's speech on Thursday. Stock and cryptocurrency markets generally declined, while spot gold bucked the trend, rising 0
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With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?
With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high
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Bitcoin Surges Back Above $70,000, Lifting Related Stocks
Bitcoin Surges Back Above $70,000, Lifting Related StocksBitcoin-related stocks performed strongly on Tuesday, with Coinbase (COIN.US) surging more than 3%, MARAHoldings (MARA
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Global Markets Watch Tech Earnings, US Stocks Mixed Pre-Market, Bitcoin Back Above $70,000
Global Markets Watch Tech Earnings, US Stocks Mixed Pre-Market, Bitcoin Back Above $70,000 The markets are focused on tech giants' earnings this week, along with upcoming inflation and non-farm payrolls reports. With the US presidential election looming, major US stock index futures are mixed pre-market, popular Chinese ADRs are broadly higher, Trump Media is up over 7%, and tonight's focus is on Google's earnings
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Trump Trade Is Back: Bitcoin Surges Past $71,000, Trump-Related Stocks Soar 310%
Trump Trade Is Back: Bitcoin Surges Past $71,000, Trump-Related Stocks Soar 310%With just one week left before the US election, despite polls showing a tight race between Trump and Harris, major betting websites' odds favor Trump's eventual victory. The market has reacted strongly, and the Trump Trade is back with a bang: Bitcoin has broken through $71,000 per coin, other cryptocurrencies like Dogecoin and Ethereum have also surged, and Trump-related stocks have seen a significant surge
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A50 Futures Surge Overnight, Bitcoin Breaks $71,000, US Stocks and Chinese ADRs Rise
A50 Futures Surge Overnight, Bitcoin Breaks $71,000, US Stocks and Chinese ADRs RiseThe A50 index futures surged overnight, opening with a straight climb and rising more than 1.5%
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Bitcoin Reclaims $70,000, Crypto Stocks Soar
Bitcoin Reclaims $70,000, Crypto Stocks SoarOctober 29, Bitcoin has returned to $70,000 for the first time in three months, surging by 2% on the day. The surge has spurred a rally in cryptocurrency-related stocks
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Bitcoin traders are eyeing a $70,000 target, US stock Bitcoin concept stocks climb
Bitcoin traders are eyeing a $70,000 target, US stock Bitcoin concept stocks climbBitcoin traders are once again targeting a $70,000 price, even after a short-term dip in the cryptocurrency market last weekend due to news about Tether stablecoin. US cryptocurrency exchange-traded funds (ETFs) continue to see strong inflows
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Microsoft May Enter the Bitcoin Game, Related Stocks Surge in Pre-Market
Microsoft May Enter the Bitcoin Game, Related Stocks Surge in Pre-MarketBitcoin has reclaimed the $68,000 mark today, sending related stocks higher in pre-market trading. According to documents disclosed by the Securities and Exchange Commission (SEC), Microsoft is considering an investment in Bitcoin