US Stock Indices Dow Jones, SPX Tank, Taking Down Bitcoin In Tandem
Bitcoin has been collapsing after failing to hold $11,000, and it could be thanks to negative sentiment surrounding
Read MoreBitcoin has been collapsing after failing to hold $11,000, and it could be thanks to negative sentiment surrounding
Read MoreThe Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38 yesterday. However, the index has now dropped 1.77% YTD.On Wednesday, the Federal Open Market Committee (FOMC) released important economic aspects that affected major stock indexes including the Dow Jones Industrial Average and also the S&P 500.Members of the
Read MoreDespite the green ticks seen in key tech stocks, traders appear to have taken profit off the shares of Apple and Tesla as both stocks strive to stabilize after the implementation of their respective stock splits.Wall Street sees a general bullish run for some key listed stocks and has rallied
Read MoreThe Dow Jones climbed more than 300 points on Wednesday. Wall Street shrugged off some weaker than expected ADP jobs data. Economists at IG believe low rates and optimism are fueling the stock market’s disconnect from reality. The Dow Jones continued to rally mid-week despite a considerably worse than forecast ADP employment data.
Read MoreRaytheon Technologies is leaving the Dow Jones after just a couple of months on the index. Exxon Mobil and drug manufacturer Pfizer were booted from the index alongside Raytheon. Boeing’s leadership of the Dow has waned in recent months. The S&P Dow Jones Indices company announced this week that airplane and defense contractor
Read MoreJerry Jones is the most powerful owner in the NFL, which is why many want to hear him speak out in favor of social reform. He remained uncharacteristically quiet all summer and did not satisfy anyone with his comments on ‘grace.’ By proposing the team does something similar to what it did
Read MoreCryptox Markets spoke with Wall Street veteran and host of the Keiser Report, Max Keiser, who explains the increasingly important role of Bitcoin in geopolitics amid potential “hash wars” and why he believes Paul Tudor Jones will become the biggest holder of BTC within two years. Your 200K+ follower Twitter account
Read MoreWhen macro investor Paul Tudor Jones, or PTJ, confirmed he was investing in Bitcoin, it sparked an uptick for the whole crypto market. Many crypto traders welcomed his surprise move, noting it was a change of the tide in the traditional sector. Speaking at Cryptox Japan's Traders Live on June 9th,
Read MoreThe Dow Jones rose on Friday but traded well off its highs in late afternoon trading. Stocks tumbled after a strong open, but Boeing supported the Dow. JPMorgan Chase is still pushing investors to buy the dip, while ING fears that retail strength could soon fade as pent-up demand wanes. The Dow Jones
Read MoreYesterday for the second time in June 2020 Bitcoin price collapsed 10%. The drop coincided with the significant crash of the Dow Jones index.Yet again, the world’s largest cryptocurrency Bitcoin faces major resistance at $10,500 levels. On Thursday, June 11, the Bitcoin price crashed 11% from $10,100 levels falling all
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