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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 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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Signals Hidden in Market Movement: Spotting Trading Opportunities
In the tumultuous waters of financial markets, no trade is born out of thin air. Behind every unilateral surge, there are always precursors, albeit sometimes subtle
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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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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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Half buff boost, more Bitcoin goes into sleep
The fourth halving of Bitcoin is approaching, which is an important milestone for investors and Bitcoin itself. In this issue, we will continue to delve into the significant supply constraints in the Bitcoin market and explain how we should measure the behavior patterns of investors before the fourth halving
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Crazy Bitcoin: Will it be digital gold or the foam burst?
Text: Recently, Bitcoin has once again attracted global attention. The price performance of this digital currency has been soaring, breaking historical records
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Michael Saylor: Bitcoin will enter a high growth period from 2024 to 2028
The US Securities and Exchange Commission (SEC) announced a delay in approving the Hashdex Bitcoin Spot Exchange Traded Fund (ETF), with Bitcoin bucking the trend and rising 6%Michael Saylor recently delivered a speech at the Australian Cryptocurrency Conference, providing a comprehensive outlook and forecast for the future of Bitcoin.Bitcoin has attracted widespread attention and discussion worldwide in recent years
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Bitcoin, Ethereum, and Ripple Coin Forecasts: BTC bulls take advantage of the decline and are bullish at $40000
Bitcoin prices may rise by 7%, recovering the ground lost since the high point of the rejected $37972 range on November 9th.Ethereum prices will defend the support level of $1935 at all costs, and if successful, it may rise by 10% to $2200
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Huobi HTX: US SEC delays making decision on the application for spot bitcoin ETF
Source: Huobi HTXWhat major events have occurred in the global encryption market over the past 24 hours?Morgan Stanley expects the Federal Reserve to start cutting interest rates in June next year;Data: The crypto market has experienced net capital inflows for the first time in nearly 17 months;The US SEC has postponed its decision on the application for Hashdex spot Bitcoin ETFs and grayscale Ethereum futures ETFs;Musk: The Grok API access for the AI project xAI is already in the early testing stageMarket OverviewBitcoin (BTC)The violent rebound in the past 24 hours has continued to rise from $34362 in the morning to reach a maximum of $37964 this morning, and has since fallen slightly, with volatility amplifying to 9.57%