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Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin Soars
Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin SoarsOn September 17, the three major U.S
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Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to Grow
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to GrowAmerican online brokerage Robinhood (NASDAQ: HOOD) released its Q3 2021 earnings on October 27th. The report showed that Robinhood's total net revenue reached $365 million, a 35% year-over-year increase
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Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs
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Bitcoin Plunges Below $54,000, US Stocks Suffer Major Losses as Market Volatility Intensifies
Bitcoin Plunges Below $54,000, US Stocks Suffer Major Losses as Market Volatility IntensifiesAccording to Coinglass data, Bitcoin has dropped over 4%, breaking below the $54,000 mark, while Ethereum has seen an even steeper decline of over 6%. In the past 24 hours, over 86,000 traders have liquidated their positions in the cryptocurrency market
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Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?
Bitcoin Plunges Below $54,000, US Stocks Dive: Where Do Investors Go from Here?Bitcoin's price has taken another significant tumble, dropping below $54,000, marking a decline of over 4%. The second-largest cryptocurrency, Ethereum, saw an even steeper fall, exceeding 6%
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Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial Tonight
Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial TonightThe link between cryptocurrency and stock markets is growing stronger, particularly in the wake of recent economic data. Data compiled by Bloomberg shows the correlation coefficient between cryptocurrencies and the MSCI World Index hovering near 0
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Bitcoin Starts September with a Dip: US Stocks Weigh, Fears Intensify
Bitcoin Starts September with a Dip: US Stocks Weigh, Fears IntensifyFollowing the US Labor Day holiday, US stocks tumbled, with Nvidia closing down nearly 10%, marking its biggest single-day decline. Other tech stocks also saw widespread losses
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US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!
US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!The Nasdaq Composite Index plunged 3% overnight, with Nvidia and Apple leading the decline, sparking concerns about a potential burst of the decade-long US stock market bubble. Bitcoin also suffered a significant drop, mirroring the US stock market downturn
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Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?
Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon
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Market encryption and stock market sentiment: Analyst Adam Button's interpretation
Market encryption and stock market sentiment: Analyst Adam Button's interpretationThe encrypted market plays an important role in the stock market sentiment, but the market dynamics are changing rapidly and unpredictable. Analyst Adam Button recently made a viewpoint that he believes that the encrypted market usually serves as an early indicator of the stock market sentiment, but the current market situation is not as we see it
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Bitcoin Surges Over the Weekend After Attempted Assassination of Trump, Crypto Stocks Soar on Monday
Bitcoin Surges Over the Weekend After Attempted Assassination of Trump, Crypto Stocks Soar on MondayBitcoin saw a significant surge over the weekend following an attempted assassination of former President Donald Trump on Saturday, leading to a climb in crypto-related stocks on Monday. The event sparked a reassessment of the market's outlook on Trump's chances of winning the November presidential election
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Why Didn't Bitcoin Rally with the US Stocks? Deciphering the Current State and Future Trends of the Crypto Market
Why Didn't Bitcoin Rally with the US Stocks? Deciphering the Current State and Future Trends of the Crypto MarketThe latest CPI data released last night further solidified the expectation of interest rate cuts, triggering a significant move in the US stock market. The Nasdaq plunged by 2%, while the Russell 2000 surged by 3