Crypto Market Stable, Oil Prices Surge as Hamas Attack on Israel Jolts Markets
The U.S. pre-market futures slid Monday morning, while stock indexes in Asia slumped. Original Source
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Prices
Tesla Cuts Prices for Model 3 and Model Y in US after Missing Deliveries Expectation
Tesla has cut prices after it announced a slowdown in deliveries. The company said the decline was caused by factory upgrades. Tesla Inc (NASDAQ: TSLA) has reduced US prices of its Model Y and Model 3 cars following third-quarter delivery figures that did not meet expectations. According to the company’s website, the starting
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Bitcoin (BTC) Prices Could Face Downward Pressure in Short Term, Trader Warns
“Bitcoin continues to tend to sell on growth, failing to make a fresh attack on the 200-day moving average,” FxPro senior market analyst Alex Kuptsikevich said in a note to CryptoX. “Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices.” Source
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Bitcoin Holds Steady at $27.6K; Why Are XRP, AVAX Prices Pumping?
Ether fell 0.5%, Solana’s SOL fell 1.4%, while Cardano’s ADA and BNB Chain’s BNB traded flat. Original Source
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Kazakh crypto miners plead with president to cut energy prices
Local crypto-mining operators in Kazakhstan — the world’s third-largest market in terms of Bitcoin mining hash rate — are complaining about high energy prices to the country’s president. According to local media, eight major cryptocurrency mining operators signed an open letter to President Kassym-Jomart Tokayev. The list includes BCD Company, TT
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How Solana Outperformed 2 Top Altcoins; Ripple Effect On Prices
Solana (SOL) has emerged as a standout performer in the recent crypto market rally, catching the attention of investors and analysts alike.
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Bitcoin’s Slips Below $27K, But What Might Government Shutdown Mean for Prices
Bitcoin’s Slips Below $27K, But What Might Government Shutdown Mean for Prices Source
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Ether Bears Lose $11M as ETF Hopes Lift ETH Prices
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said. Original Source
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Bitcoin Price (BTC) Observers Warn of Risk Aversion as Oil Prices Top $93
Higher oil prices are often transmitted to retail fuel prices, raising key inflation metrics like the Consumer Price Index (CPI). That, in turn, weighs over households' disposable income. Less disposable income means weak consumption, economic growth, and less inclination to invest in high-risk, high-reward assets like bitcoin and technology stocks.
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What’s Next for Bitcoin (BTC) Prices Amid the Return of U.S. Markets Correlation?
“The positive correlation between cryptocurrencies and the stock market is temporarily back on track,” shared Alex Kuptsikevich, the FxPro senior market analyst, in a note to CryptoX. “Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion.” Source
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