Crypto Review - Page 126

The demand for dollar, provoked by the fears of new US sanctions against a number of countries and expanding trade conflict with China push the American currency close to the upper edge of the trading range since April. The threat.

The Bitcoin bears keep control over the crypto market. In the last 24 hours, Bitcoin lost more than 4% and is trading now near the $7,350 mark. On the bear’s side, there are an overbought market and the lack of.

Two opposite trends prevail in the global markets. Strong reporting of companies, including Apple indicators supports the demand in world markets. However, the Chinese bourses falls under the pressure on the news that Trump is considering 25% tariffs on Chinese.

The Bitcoin course (BTC) fell below $8.000 on the news that the US SEC had rejected the second Winklevoss twins’s attempt to launch Bitcoin ETF, which negatively affected the prospects of all similar projects. The expectation that the regulator would.

Producer prices in the U.S. added 0.3% in June, increasing the annual growth rate to a seven-year high of 3.4%. Core Producer price index (ex food and energy) has accelerated to 2.8% YoY (also the highest rate since 2011). The.

The weakening of U.S. dollar after the soft data on earnings helps Crude Oil. However, in the perspective of the few months there is a stronger risk that Oil will turn to decline. The recent momentum of the dollar’s setback.

The news brings a cautious hope to the crypto investors that the market will turn to the growth. According to CoinMarketCap data, the total crypto market capitalization has increased by 17% to $275 billion since the beginning of July. For.

Asian markets continue to suffer from fears around international trade. The MSCI ex Japan Index continued its decline falling to a two-year low due to the American legislator’s adoption of a project that complicates China’s buying and investing in U.S..

Cryptocurrency market seems returned to growth after a prolong depression. To last week lows, the crypto market cap has added 10% to $290 bln. Bitcoin trading near $6,700. The altcoins fully replicate this growth. If this rebound continues, Bitcoin could.

High-tech lift markets Stock markets continue to strengthen with increased demand for high-tech companies. The NASDAQ100 closed a second day in a row at record levels. Asia is following this trend as early Wednesday trading is showing growth of around.

Strong U.S. data Last Friday’s data release, of NFP, average hourly earnings and an 18 year low in unemployment, exceeded market expectations and had a beneficial effect on markets. Non-farm employment increased by 223K in May, which was significantly better.

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