Digital Currency includes companies involved in the creation, trade, and services of digital forms of money. It includes businesses that operate in blockchain technology, cryptocurrency mining, exchanges, digital wallets, and payment solutions.
1000.533
+3.149+0.32%
Trading Jul 16 09:43 ET
1006.696High990.333Low
995.838Open997.384Pre Close35.96MVolume21RiseLossP/E (Static)1.11BTurnover2Flatline1.17%Turnover Ratio115.90BMarket Cap4Fall96.40BFloat Cap
Alright folks, here’s the scoop on what went down on Monday, July 15th. Fed Chair Powell’s dovish comments boosted rate cut expectations, coupled with the surge in Trump-related stocks, driving the US markets higher. The Dow even hit a record high. So, what did Powell say? Could rate cuts come sooner? And are Trump-related stocks still a good buy? Let’s dig into these questions. On the macro side, Fed Chair Powell said that the Q2 economic data has made poli...
Analysts are optimistic that the worst of the selling pressure is over, fueled by several key developments in the crypto landscape. Key Factors Driving Bitcoin’s Rise: 1. End of Forced Selling: - Germany’s significant BTC sales, totaling nearly $3 billion, have concluded. - The impact of Mt. Gox creditor repayments, amounting to $8.5 billion, appears to be priced in. 2. Market Sentiment and Fundamentals: - Bitcoin has rebounded 5....
Bitcoin surged on Monday following an assassination attempt on Donald Trump as traders increased their bets on the former president winning November’s US presidential election. The price of bitcoin rose more than 10 per cent to $64,763, its highest level in two weeks, after Trump was injured in the ear during an assassination attempt by a gunman at a campaign rally at the weekend. The Republican...
R30ROP103809945:
I think so too. But the timing is odd. Just one day of rallying up (a big up though) and then a pullback. It’ll be interesting to see if this goes back up to 65+ soon or barcodes the 61-62 level for a few days.
103809945R30ROP:
of course, there's not enough euphoria in the market, everyone is still scared at the disbelief stage. the true time to hop off is when retail gets bagged at the top
This is not normally a stock I would cover. However Marathon Digital Holdings$Marathon Digital(MARA.US)$is a profitable business that is involved in utility-scale bitcoin mining. I cannot give advice but what I can tell you I that that its expected to grow its revenue by 90%+. So what's not to like about that? However I'd be a tad cautious as its stock appears overbought at these levels. But the last time it was this ...
So, what did Powell say? Could rate cuts come sooner?
And are Trump-related stocks still a good buy? Let’s dig into these questions.
On the macro side,
Fed Chair Powell said that the Q2 economic data has made poli...
Key Factors Driving Bitcoin’s Rise:
1. End of Forced Selling:
- Germany’s significant BTC sales, totaling nearly $3 billion, have concluded.
- The impact of Mt. Gox creditor repayments, amounting to $8.5 billion, appears to be priced in.
2. Market Sentiment and Fundamentals:
- Bitcoin has rebounded 5....
The price of bitcoin rose more than 10 per cent to $64,763, its highest level in two weeks, after Trump was injured in the ear during an assassination attempt by a gunman at a campaign rally at the weekend. The Republican...
However I'd be a tad cautious as its stock appears overbought at these levels. But the last time it was this ...
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