Category

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

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

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

Trump Trade Sweeps Markets: Bitcoin Surges to $72,000, Trump Media Stock DoublesAs the US election approaches, financial markets are witnessing a surge in the "bet on Trump" trading strategy. Earlier on Wednesday, Bitcoin's price briefly broke through $73,000, just a step away from its all-time high

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

Nasdaq Rallies as Bitcoin Plunge Triggers Market Contagion: Global Markets See Increased VolatilityAs the evening unfolded, a dramatic shift in sentiment played out in the US stock market. After all three major indices declined during the day, the Nasdaq unexpectedly staged a comeback, with Nvidia leading the charge with a more than 3% gain

China's Central Bank Stimulus Plan Boosts Financial Markets, Bitcoin Breaks $64,000, Poised for Strongest September on RecordFinancial markets have regained optimism following the release of China's comprehensive stimulus plan. Data from Bitpush shows Bitcoin fluctuating near $63,200, subsequently breaking through the $64,000 resistance level

Cryptocurrency Investment Firm 1confirmation Bullish on DeFi, NFTs, and Prediction Markets, Anticipating Explosive GrowthCryptocurrency investment firm 1confirmation, in its Q2 2024 LP letter, expressed strong optimism about DeFi, NFTs, and prediction markets, forecasting their explosive growth in the coming years.The letter highlights that DeFi and NFTs will become even more robust, while SocialFi and other novel use cases will emerge through application chains, L2s, and L3s

Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500

When Markets Bleed, History Tells You to Buy BitcoinIntroduction: August 2024 saw a panic sell-off in global stock markets, with Japan's Nikkei 225 suffering its worst performance since 1987 and the S&P 500 experiencing a significant decline. Bitcoin was not spared, plunging 14

The "Trump Trade" Sweeps Through Financial Markets: Bitcoin Surges, Dawn of Crypto?Recent political turmoil in the United States, with former President Trump facing a barrage of attacks, has unexpectedly yielded political dividends for him. Following these events, Trumps approval ratings have soared, and market expectations of his return to the political arena have been fueled

Crypto Markets in Turmoil After Trump Assassination AttemptThe assassination attempt on former US President Donald Trump on Saturday sent shockwaves across the globe, triggering a wave of volatility in financial markets. The event saw a significant shift in the prices of assets tied to Trump's potential win in the 2024 election, with the cryptocurrency market serving as a "barometer" for this political event