Market Overview - Page 240

As the second-largest altcoin by market capitalization, XRP is hardly far from consideration during periods of significant bullish enthusiasm in the cryptocurrency market. Despite being 85% down from its January 2018 high, recent price spikes have sparked noticeable interest in.

The weakening of the dollar is gaining momentum, pushing investors to other assets. There is a rush of demand in many markets, from the euro and gold to equities and cryptocurrency markets. In the final meeting of 2020, the FOMC.

French President Emmanuel Macron tested positive for Covid-19 on Thursday, the Elysee palace said in a statement. Macron, 42, will self-isolate during seven days, while continuing to work, his office said. Meanwhile, Germany reported over 45,000 cases on Thursday morning,.

Traditional banks are now taking the plunge and coming out with crypto-related services. The shift coincides with bitcoin’s price hitting all-time highs in December. Banks may have been looking closely at digital assets for some time now, but have been.

The Bitcoin price (BTC) has surpassed the $21,000–$22,000 resistance range to rise above a new high of $23,000 on Dec. 17. Meanwhile, on-chain analyst Willy Woo now says $100,000 is a “ridiculously low” target. The $21,000 level was particularly important.

Euro zone annual inflation was negative for a fourth consecutive month in November, matching a four-year low, as energy prices were around 8% lower than a year earlier. Inflation in the 19 countries sharing the euro was down 0.3% both.

U.S. congressional negotiators were haggling on Wednesday over details of a $900 billion COVID-19 aid bill that is expected to include $600-$700 stimulus checks and extended unemployment benefits, as a Friday deadline loomed, lawmakers and aides said. Top members of.

U.S. stock futures were higher early Thursday morning as traders kept an eye on Washington, looking for clues about the prospects of additional fiscal aid. Dow Jones Industrial Average futures gained 142 points. S&P 500 and Nasdaq 100 futures also.

French President Emmanuel Macron has tested positive for Covid-19, according to a statement from the French Presidency. “This diagnosis was established following an RTPCR test performed as soon as the first symptoms appeared,” Macron’s office said on Thursday. The brief.

Germany is entering its toughest lockdown regime today, but European markets are enjoying a wave of optimism with EURUSD breaking 1.22 and the DAX jumping more than 1%. In both cases, this is a step beyond the established trading ranges.

The dollar index is hovering near 2.5-year lows ahead of this year’s final Fed meeting. This will be one of the key meetings expected to publish updated economic forecasts and rate expectations as well as adjustments to monetary policy parameters,.

Bitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst. The top cryptocurrency fell from $19,555 to $19,035, with most of the drop unfolding during the two.