Saturday, November 16, 2024
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Bitcoin Rises Against Strong Bearish Mood; Deeper Decline Coming?

Bitcoin on Wednesday moved slightly upward as traders remained puzzled about its next big price rally. The bitcoin-to-dollar exchange rate surged by as much as 0.80 percent to establish an intraday high of $7,263.31. The move uphill accompanied a moderate rise in volume. The conformity between price and volume showed traders’ inclination

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Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks

Trump threatens to derail trade talks with China, standing firm on Beijing making huge agricultural purchases. U.S. stocks decline as investors move capital into safe-haven assets. Bitcoin yet again fails to act as a hedge while gold surges. Gold outperformed its rival bitcoin on Wednesday as trade talks between the U.S. and China

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