Bitcoin and other cryptocurrencies were rising early on Monday but the sector still faces headwinds going into the second half of the year. Bitcoin was up 4.1% over the last 24 hours to $63,311. That means the largest cryptocurrency has largely recouped the losses that came after last week’s news that the trustee of Mt. Gox,
Bitcoin and other cryptocurrencies were rising early Friday. Solana was the standout gainer, after the first U.S. application was filed for a spot exchange-traded fund tied to the cryptocurrency. Bitcoin was up 1.3% over the past 24 hours to $61,519. The largest cryptocurrency has fallen from levels of around $64,000 after news on Monday that
Nvidia stock may be getting all of the attention of late, but there are plenty of others outperforming the broader market. One is another member of the so-called Magnificent Seven tech stocks: Apple. An investment of $1,000 in Apple in June 2014 would be worth over $10,460 at Tuesday’s closing price of about $209, according
Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Bitcoin advanced more than 2% on Tuesday to $61,345.22, according to Coin Metrics. The move coincided with a rebound in Nvidia and the Nasdaq Composite, both of which in
The drops in some corners are particularly notable: the run of weekly declines for Ether and Solana are the longest since last year and 2022 respectively. (Photo: Bloomberg) 2 min read Last Updated : Jun 24 2024 | 8:54 PM IST By Sidhartha Shukla Losses are piling up in the crypto market after
As the National Democratic Alliance (NDA) embarks on its third term in governance, there is a palpable sense of anticipation among Non-Resident Indian (NRI) investors. The NDA’s consistent emphasis on economic reforms, infrastructural development, and ease of doing business has historically resonated well with the investor community. This new tenure promises to build upon these
Bitcoin and other cryptocurrencies were falling early Friday. However, MicroStrategy has made another major purchase of the largest crypto. Bitcoin was down 1.5% over the past 24 hours to $64,617. Bitcoin hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then.
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Unlimited Funds’ co-founder and chief investment officer Bob Elliott fears both stock and bond investors may be disappointed this year if the Federal Reserve ends up forgoing widely forecast rate cuts due to stubborn inflationary pressures in the economy. Stable or rising interest rates could keep bond prices in a bear market, the former Bridgewater
What looked like prime time for crypto assets on softening inflation data has turned into an ugly week with bitcoin (BTC) tumbling to its weakest price in four weeks on Friday. BTC tumbled more than 2% in an hour to $65,100 during the U.S. trading session from around the $67,000 area. The leading crypto was