2020-1-17 18:52 |
The U.S. stock market is drunk on unfounded optimism, and a nauseating plunge could be in the cards if fundamentals don't catch up soon. The post The U.S. Stock Market Is All Teed Up for a Nauseating Plunge appeared first on CCN.com origin »
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The Bitcoin price started 2025 with an uninspiring performance in January, moving mostly sideways throughout the month. The premier cryptocurrency’s negative start to February — dropping around $92,000 on the first day — was a sign of what’s to come later in the month.
The Dogecoin price crashed to as low as $0. 31 this week and is still at risk of losing the psychological $0. 3 level. This price decline is due to several factors, including developments on the macro side.
JPMorgan Chase has unveiled a new ChatGPT-based AI model that predicts stock market moves based on Federal Reserve statements. The post JPMorgan Unveils ChatGPT AI Model to Predict Stock Market Moves on Fed Statements appeared first on BeInCrypto.
A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price. TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up As explained by an analyst in a CryptoQuant post, the volume depth in traditional finance markets has been low recently.
Anthony Scaramucci advises investors to “remain disciplined” amid a further crypto tumble coupled with threats of higher inflation. The post Anthony Scaramucci Advises ‘Discipline’ During Crypto Market Decline appeared first on BeInCrypto.
Today the cryptocurrency market experienced a sudden crash, with Bitcoin and Ethereum prices falling. Other major coins also saw a significant fall. Around $100 billion was wiped from the combined value of all cryptocurrencies in just minutes.
The crypto market has turned red even after the latest FOMC meeting. Bitcoin inches towards the $35,511 mark, and altcoins are getting a beating too. Bitcoin responded to the Federal Reserve’s 50 basis-point interest rate hike by dropping more than 10% in one day, its most significant decline in two months.