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Market Overview - Page 451


Bitcoin Price Could See 10% Bounce if $8,000 Holds
Bitcoin Price Could See 10% Bounce if $8,000 Holds

Last week, volatility finally picked up for the Bitcoin price after a multi-week lull. While many traders embraced this tumultuous price action, it seems that the cryptocurrency market is settling once again, with BTC finding support at $8,000. Over the.

Altcoins: is a crypto winter about to start again?
Altcoins: is a crypto winter about to start again?

The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at.

China’s giant middle class is still growing and companies from Walmart to start-ups are trying to cash in
China’s giant middle class is still growing and companies from Walmart to start-ups are trying to cash in

Some are trying to create characters as memorable as Mickey Mouse. Others are launching lessons on how to cook steak. Still others know Chinese parents will pull out all stops for their kids. It’s all a bet on the Chinese.

Returned to its downward channel, Brent possibly heading to $50 by 2020
Returned to its downward channel, Brent possibly heading to $50 by 2020

There is a tense calm in the world markets with periodic drops because of the fear of political uncertainty in the United States. At the same time, oil is gradually losing its risk premium due to reports of the recovery.

FxPro Daily Insight for September 30
FxPro Daily Insight for September 30

Market overview FX: The dollar index remains near two-year highs at 98.75 at the beginning of the week. EURUSD recoupled to 1.0940 after touching levels below 1.0900 on Friday morning. GBPUSD fell below 1.2300 on Johnson’s note not to resign,.

China, the world’s second largest defense spender, becomes a major arms exporter
China, the world’s second largest defense spender, becomes a major arms exporter

Beijing has not only become a major defense spender, but increasingly analysts say China is also turning into a top arms exporter. Over the past five years, China was one of the largest exporters along with the United States, Russia,.

Bitcoin Gloom to Worsen after Key Indicator Flags Red, Warns Analyst
Bitcoin Gloom to Worsen after Key Indicator Flags Red, Warns Analyst

In the past seven days, the bitcoin price (BTC) plunged from $10,100 to $7,736 in a steep overnight pullback that liquidated close to $800 million worth of long contracts on cryptocurrency margin trading platforms. Holger Zschaepitz, a market analyst at.

Sterling slips after BOE policymaker says Brexit uncertainty could mean a rate cut
Sterling slips after BOE policymaker says Brexit uncertainty could mean a rate cut

Sterling slipped below $1.23 against the dollar after a Bank of England policymaker said the next move for the central bank could be a rate cut.  Speaking to local businesses in Northern England, Bank of England policymaker Michael Saunders said.

Are Russia and China the best of friends now? It’s complicated, analysts say
Are Russia and China the best of friends now? It’s complicated, analysts say

Russia and China appear to be increasing their economic, political and military ties amid poor relations with the West. But the relationship is far more nuanced than it first appears with strengths and weaknesses on both sides, experts note. While.

U.S. REPO crisis pushes Dollar up
U.S. REPO crisis pushes Dollar up

The words “liquidity crisis” sound frightening, bringing back memories of the 11-year-old global financial crisis. However, the U.S. financial market is now experiencing something similar to a new liquidity crisis, underscoring the fragility of the financial system. The second week.

FxPro Daily Insight for September 27
FxPro Daily Insight for September 27

Market overview FX: The dollar index develops its climb to the monthly highs to 98.95, adding another 0.3% overnight. EURUSD fell to 1.0900, where it temporarily receives support at the start of trading in Europe. GBPUSD sink this morning to.

$7,840: Bitcoin Price Spirals Further in Biggest Sell-Off Since June
$7,840: Bitcoin Price Spirals Further in Biggest Sell-Off Since June

The bitcoin price (BTC) has dropped below a key support level in $8,000 and entered the $7,000 region for the first time since June amid a fierce sell-off in the cryptocurrency market. Over the past five days, the bitcoin price.

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