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Cryptocurrency Stocks Plunge Amid Market Correction
Cryptocurrency-related stocks listed in Hong Kong experienced a significant decline on April 2, 2022, following a wider market sell-off in the virtual currency sector. Notable losses were observed in the share prices of China Fortune Holdings Limited (01647), OSL Digital Securities Limited (00863), Blue Interactive Entertainment Limited (08267), and Meitu Inc
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Bitcoin and Cryptocurrency Short-Term Trading Analysis and Performance Review for March 2024
As we enter a new month, it's time to review the short-term trading performance for Bitcoin and other cryptocurrencies during March 2023. This analysis aims to provide insights into the market trends, trading strategies, and overall outcomes for the past month
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Bitcoin Price Consolidate Inside Range
The price of Bitcoin is consolidating above the $70,000 resistance zone on April 1, 2023. BTC is likely to spend some time inside the range before the bulls make another attempt at $75,000
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Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
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Is Bitcoin Valuable?: A Comprehensive Analysis
Is Bitcoin Valuable?: A Comprehensive Analysis The value of Bitcoin has been a subject of debate for years. While some believe it to be a revolutionary asset with vast potential, others dismiss it as a speculative bubble
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Bitcoin and Ethereum Futures Decline
Beijing, April 2, 2023 (Yicai Global) -- CME Bitcoin futures BTC main contract closed at USD70,340.00 on Monday (April 1), down 1
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Bitcoin Concept Stocks Fall Sharply: Market Downturn, Halving Event Raise Concerns
Bitcoin concept stocks plunged across the board on April 2, reflecting a general downturn in the cryptocurrency market. Market news, an upcoming halving event, and analyst reports heightened investor concerns
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Global Financial Markets See Muted Activity on Good Friday, US Dollar Index Retreats After Core PCE Data Release
Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period
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Crypto Market Mixes Red and Green as Bitcoin Dips, Ethereum Surges
The leading cryptocurrency prices saw a mixed bag on Friday, March 22, 2023, with Bitcoin (BTC) marginally declining while Ethereum (ETH) continued its bullish rally, surpassing the $3,500 mark. Meanwhile, several other major altcoins like XRP and Cardano (ADA) notched gains, whereas Solana faced a setback
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Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast
Bitcoin Poised to Break $100,000 Threshold by 2024: Market Forecast IntroductionBitcoin (BTC), the world's first and most popular cryptocurrency, has captivated investors with its meteoric rise and dramatic fluctuations. As 2023 draws to a close, many wonder if Bitcoin can maintain its momentum and reach the much-anticipated milestone of $100,000 in 2024
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Bitcoin Rallies Back to $70K, Coinbase BTC Supply Hits 9-Year Low
Bitcoin made a strong rebound in the last week of March, reclaiming the $70,000 level. Market sentiment was bullish, with major cryptocurrencies posting gains, and Coinbase reported its lowest BTC supply in nine years