Cryptocurrency Analysis and News Portal
The Dow Jones fell over 400 points on Tuesday. Investors continue to punish the Dow’s tech giants as Apple and Microsoft plunged. Donald Trump turned up the heat on China on Labor day, hinting at a total “decoupling.” The Dow Jones endured a rough open to the trading week on Tuesday, falling just
Read More
Bloomberg data show China’s economic growth could drop to 3.5% when it decouples from the U.S. President Trump has refrained from mentioning the trade deal with China in recent months. With a trade-deal fallout unlikely, the U.S. stock market may have further room to run in 2020. According to Bloomberg Economics, China’s economic
Read More
Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks.Cryptocurrency market daily overview. Source: Coin360BTC price puts in a $7.5K foundationData from Coin360 and Cointelegraph Markets showed BTC/USD attempting to form new support at $7,500 on Thursday.Since
Read More
Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.Source: KaikoTwo new trends emergeSince Black Thursday, two new trends have emerged: the
Read More