Market Overview - Page 287

Social media sentiment for Bitcoin has slumped to a two-year low, yet technical indicators are still saying “buy.” A number of metrics indicate that social and trading sentiment for Bitcoin is still low despite its price breaking above $11,000 a.

Oil prices fell on Thursday as U.S. producers in the Gulf of Mexico prepared to resume output following Hurricane Sally, and on concerns about that the coronavirus pandemic was showing few signs of slowing. Brent crude fell 15 cents, or.

The U.S. is still globally dominant in many areas including finance and technology — but it’s not clear if the world’s largest economy remains the leading power that other countries look up to, said experts during a debate at the.

There are growing concerns in Europe at what is being seen as an alarming rise in coronavirus cases, with the number of new daily infections reaching record highs in some countries. The increases in the number of reported infections has,.

In the wake of the FOMC meeting last night, dollar purchases increased in the markets, and stock indices began to fall. EURUSD was briefly below 1.1740 at the start of trading today, a low for more than a month. The.

Stocks rose with Treasuries and the dollar slipped on speculation the Federal Reserve will keep its dovish stance to lift the world’s largest economy from a pandemic-induced recession. The S&P 500 climbed for a fourth day, led by energy producers.

Global health and political leaders could have done many things better in confronting the coronavirus from the outset, philanthropist Bill Gates said, reflecting on the medical and societal response to the pandemic. And a big one remains a topic of.

The dollar is retreating against franc and yen, which is often a signal of increased demand for safe assets. At the same time, the markets remain positive overall. Does this mean that there is an increasing demand for safety assets.

MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CoinDesk on Tuesday, shortly after he announced on Twitter that MicroStrategy was.

Despite the milestone, Bakkt’s future volumes pale in comparison to those of top crypto exchanges Binance and Huobi. Bakkt, a regulated platform for crypto asset custody and trading owned by Intercontinental Exchange, has reported record daily trading volumes for its.

Brent crude rose 85 cents, or 2.1%, to $41.38 a barrel by 0645 GMT, while U.S. crude rose 92 cents, or 2.4%, to $39.20. Both contracts rose by more than 2% on Tuesday. More than 25% of U.S. offshore oil.

The two-day meeting is the U.S. central bank’s first under a newly adopted framework that promises to shoot for inflation above 2% to make up for periods, such as now, where it is running below that target. The strategy means.