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Market Overview - Page 459


Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap
Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap

Last week, Bitcoin price fell below $10,000 yet again, and with the break of support, much of the market turned bearish and began calling for lows around $8,000 to be tested. However, before the long Labor Day weekend concluded, Bitcoin.

The fiasco of Trump’s trade blitzkrieg
The fiasco of Trump’s trade blitzkrieg

The seven-day dollar rally broke off on Tuesday afternoon. In Europe, the U.S. currency lost its momentum for growth, and following the worrying news from the U.S., traders began to take profits from previous growth. Despite this, it will not.

This One Chart May Signal the Next Stock Market Crash
This One Chart May Signal the Next Stock Market Crash

One major market index, the Russell 2000, has shown price behavior that is very worrisome. A decline of more than 1% from Tuesday’s close could be the first crack in the stock market dam that begins a wholesale stock market.

FxPro Daily Insight for September 4
FxPro Daily Insight for September 4

Market overview FX: The dollar index retreated from the two-year highs at 99.30 on the alarming data, falling 0.5% from Tuesday’s highs. EURUSD rose to 1.0980. GBPUSD bounces after a drop to 1.1960, reaching 1.2130. Currency market volatility is increasing..

Trump was so angry after China’s trade retaliation that he wanted to double tariffs
Trump was so angry after China’s trade retaliation that he wanted to double tariffs

President Donald Trump wanted to double tariff rates on Chinese goods last month after Beijing’s latest retaliation in a boiling trade war before settling on a smaller increase, three sources told CNBC. The president was outraged after he learned Aug..

Bitcoin Surge Obliterates $68 Million in BTC Shorts on BitMEX
Bitcoin Surge Obliterates $68 Million in BTC Shorts on BitMEX

Bitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday. Most of the cryptocurrency market followed, with only a handful.

Twitter Stock Breakout Could Spark Monster Bull Run
Twitter Stock Breakout Could Spark Monster Bull Run

Twitter (TWTR) is one of those stocks that has been flying under the radar over the last two years. Unlike other tech giants that have been hogging media attention, Twitter has been quietly making gains. The social media firm’s net.

What Pound and Euro Drop Amid Stock Rise Tells Us About?
What Pound and Euro Drop Amid Stock Rise Tells Us About?

The U.S. Dollar shows growth for the seventh trading session in a row, once again updating 27-month highs. The Dollar index reached 99.2, adding 0.3% from the beginning of the day. In addition to trade disputes, which are the main.

Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls
Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls

Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. The premium in Argentina now ranges between tens and.

Sterling falls below $1.20, hitting its lowest level since October 2016 flash crash
Sterling falls below $1.20, hitting its lowest level since October 2016 flash crash

Sterling fell below $1.20 on Tuesday morning, reaching levels not seen since October 2016 as Britain’s constitutional crisis over Brexit threatens to come to a head. At around 8:00 a.m. on Tuesday, sterling was trading as low as $1.968, its.

FxPro Daily Insight for September 3
FxPro Daily Insight for September 3

FX: The dollar index advanced for the seventh session in a row to 99.20, adding 0.3% in the morning. EURUSD fell to 1.0930. GBPUSD fell briefly below 1.20. Except for the pound, market volatility was reduced due to a holiday.

Global Stock Markets’ Aghast August Dumped 17x Bitcoin’s Market Cap
Global Stock Markets’ Aghast August Dumped 17x Bitcoin’s Market Cap

August was a brutal month for investors across the world. Global stock markets shed $3 trillion as a dirty cocktail of recession warnings and trade war escalation rocked the markets. To put that into perspective, $3 trillion is 17 times.

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