BTDR241227P20000
- 1.25
- +0.07+5.93%
Bitdeer Technologies Newsroom
Bitcoin Slumps: Trump Euphoria Gives Way to Fed Wariness
B.Riley Financial Maintains Bitdeer Technologies(BTDR.US) With Buy Rating, Raises Target Price to $24
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
B. Riley Adjusts Bitdeer Technologies Group's Price Target to $24 From $15, Keeps Buy Rating
Aave Price Forecast: Poised for Double-digit Correction as Holders Book Profit
Bitcoin To Continue Upward Trend Despite Uncertainty In US Crypto Policy
Powell On Bitcoin Reserve, Says We Are Not Allowed To Own Bitcoin And Not Looking For A Law Change
Transcript: Fed Chief Jerome Powell's Postmeeting Press Conference
Express News | Shares of Stocks in the Broader Software Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points
Bitcoin 2025 Outlook: Will the Cryptocurrency's Meteoric Rise Continue to $200K?
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Bitdeer Technologies Analyst Ratings
U.S. stocks fluctuate | Cryptos concept stocks decline as Bitcoin plummets in the short term.
In terms of news, Bitcoin quickly plunged over $2000, turning to decline within the day.
XRP Price Soars 12% To $2.68: What Is Going On With Ripple?
Roth MKM Maintains Bitdeer Technologies(BTDR.US) With Buy Rating, Raises Target Price to $29
Buy Rating on Bitdeer Technologies Driven by AI Expansion, SEALMINER Traction, and Market Growth Prospects
Could Bitcoin Cap a Milestone Year with a Santa Rally? $200,000 Target by 2025 in Sight?
US Stocks End Higher Ahead Of Fed Decision, Bitcoin Hits New High
Tesla, Micron, Broadcom, MARA Holdings And Other Big Stocks Moving Higher On Monday
US Bitcoin Miners' Hashrate Share Up To 29% Despite Declining Market Cap, Says JP Morgan