Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains. Original Source
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Equities
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
Bitcoin (BTC) surpassed the $30,000 resistance on June 21, or 40 days ago, after a notable 19.5% gain in a week. Since then, it has been moving within a range filled with occasional moderate corrections and BTC price trades near $29,300. While these consolidation periods are common in traditional markets,
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Bitcoin and crypto brace for further upside as equities look to extend their recent gains
The long-awaited recession and resulting resumption of the 2022 bear market that many have been expecting has failed to materialize so far in 2023. In fact, most assets have caught a bid, with the NASDAQ hitting a 52-week high on July 12.How can this be, and will the rally continue?Michael
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UK’s Digital Securities Consultation Will Examine DLT Bonds and Equities, not Bitcoin (BTC) and Ether (ETH)
The relaxation will in the first instance operate for a period of up to five years, and would apply as a minimum to digital equities, bonds and money market instruments – but not to derivatives, or to unbacked crypto, such as bitcoin (BTC) and ether (ETH), as officials point to
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Bitcoin Equities ETF Makes Debut on Euronext Stock Exchange
The addition of a Bitcoin equities exchange-traded fund product to the Euronext Amsterdam stock exchange is fantastic news for Dutch investors. The highly anticipated Bitcoin Equities Exchange-Traded Fund (ETF) product has made its debut on the Euronext Amsterdam stock exchange. This groundbreaking move brings Bitcoin into the realm of traditional
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Bitcoin Equities ETF hits Euronext Amsterdam stock exchange
The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem.BTC
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Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message – Economics Bitcoin News
On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks on Wednesday. Furthermore, there has been
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Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal portfolio construction for cryptocurrencies,” the paper was written by Dr. Nick James, a fellow at
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Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase. Source
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Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
Most other major cryptos were largely in the red, aligning with equities markets, which also wrestled with Powell’s remarks. The S&P 500, Wall Street's benchmark equity index, closed down 1.5% and the Dow Jones Industrial Average (DJIA) and tech-heavy Nasdaq Composite dropped by 1.7% and 1.2%, respectively. The prospect of
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