Bitcoin fell below $20,000 again as the Federal Reserve’s hawkish comments about inflation and slowing economic growth continue to weigh down riskier assets.
Bitcoin extended its drop below $20,000 on Monday
Bitcoin extended its drop below $20,000 on Monday as part of a wider cryptocurrency-market retreat, amid concern about the Federal Reserve’s rate-hike path.
Bitcoin investors are looking for long-term investment in a ‘staggering shift’
A growing number of long-term bitcoin investors are increasing their bitcoin stashes as bitcoin moves into 2022. They hope that a December dip is just a seasonal blip.
On stronger demand prospects, oil prices hover around $85/bbl
Brent crude oil traded at $85 per barrel on Thursday, nearing two-month highs. This was buoyed in part by the expectation that a strong economic recovery would boost demand. However,
Analysts predict that oil prices could reach $100 when demand exceeds supply.
Analysts predict that oil prices will rise further this year after rising 50% in 2021. They believe that a shortage of production capacity and low investment could cause crude to
Omicron slump aside, oil prices soar to 2-month highs
Due to tight supply and decreasing concerns about potential demand from the Omicron coronavirus variant, oil prices reached two-month highs Wednesday.
To cryptocurrency true believers, are about to find out if it really was a bubble
The government stimulus of trillions of dollars and rock-bottom rates helped to boost the prices of digital assets. They are essential for the market’s stability.
Bitcoin drops 40% from record to hit the lowest level since September
Bitcoin fell below $42,000 on Friday, continuing a week-long decline that has been ongoing since September.
Will Bitcoin Hit $100,000 during 2022?
The Federal Reserve’s hawkish turn at year-end saw cryptocurrencies gain some momentum, but it largely avoided other risk assets. Now, the Federal Reserve is playing a central role in the
Coronavirus concerns drag down Wall Street, but indexes eke out weekly gains
NEW YORK (Reuters) – U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street’s major indexes ended well above their
Ben Robson – The week of 15th- 19th July 2019
Last week, Federal Reserve Chair Jerome Powell’s testimony went according to the script as he signalled the Fed’s tacit willingness to cut interest rates- most probably by 25 basis points-