Bitcoin Slumps: Trump Euphoria Gives Way to Fed Wariness

Bloomberg14:48 ET

B.Riley Financial Maintains Bitdeer Technologies(BTDR.US) With Buy Rating, Raises Target Price to $24

Moomoo NewsDec 20 13:43 ET · Ratings

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.

wallstreetcnDec 19 18:26 ET

B. Riley Adjusts Bitdeer Technologies Group's Price Target to $24 From $15, Keeps Buy Rating

MT NewswiresDec 19 08:41 ET · Ratings

Aave Price Forecast: Poised for Double-digit Correction as Holders Book Profit

FXStreetDec 19 03:33 ET

Bitcoin To Continue Upward Trend Despite Uncertainty In US Crypto Policy

Business TodayDec 18 21:54 ET