Market Overview - Page 263

Bitcoin (BTC) saw its biggest negative difficulty adjustment in almost 10 years on Nov. 3 as the network flawlessly takes care of itself. Data from monitoring resource BTC.com shows that the Bitcoin difficulty automatically readjusted by 16% on Tuesday. Estimates.

Oil prices extended their rally on U.S. Election Day amid a recovery in financial markets on Tuesday, but concerns over surging coronavirus cases around the world capped further gains. Brent crude futures rose 70 cents, or 1.8% to $39.67 a.

The battered dollar’s long-term fortunes are unlikely to improve regardless of who wins Tuesday’s U.S. presidential election, investors and analysts said. Despite its recent bounce against a basket of currencies, the dollar index is still down about 9% from its.

Saudi Aramco’s net profit fell 44.6% in the third quarter of 2020 compared to the same period last year, reflecting continued damage to oil demand and prices from the global coronavirus pandemic. Net profit dropped to 44.21 billion riyals ($11.8.

The potential for a protracted contest following Tuesday’s U.S. election means European markets may face a more volatile aftermath than in previous presidential races. In 2016, the shock of President Donald Trump’s victory sent European stocks south on the night,.

The price of Bitcoin (BTC) declined by 2% in under an hour in a sharp correction on Nov. 2, catching traders off guard. Coincidentally, the CME Bitcoin futures market opened with a new gap, making $13,100 an area of interest.

Stocks jumped on Monday, the first trading day of the month, as markets tried to recover from a brutal week and month ahead of the U.S. presidential election. The Dow Jones Industrial Average traded 422 points higher, or 1.6%. The.

The 2020 U.S. election is shaping up to be the biggest betting event of all time, with one player placing a record-breaking one million-pound bet on a victory for Democratic challenger Joe Biden, betting companies say. People were still rushing.

Bitcoin (BTC) starts a new week and month just dollars away from its highest monthly close in history — what’s in store next? Cointelegraph takes a look at five price factors which may influence BTC/USD as the U.S. goes to.

The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level. Traders often use the monthly log.

Goldman Sachs sharply cut Europe’s fourth quarter economic forecasts on Monday as a surge in COVID-19 cases led to major countries announcing partial nationwide lockdowns for November. The U.S. investment bank said it expects the euro area’s real gross domestic.

Once again, the oil situation is extremely unfavourable, and news from both supply and demand sides put pressure on quotes as it fell by 3% on Monday, to 5-month lows. So far, technical factors cause us to believe in the.