Cryptocurrency Analysis and News Portal
Bitcoin (BTC) continued to trade near $7,000 on March 27 after traditional markets showed bullish signs and the Dow Jones had its best day in 87 years.Cryptocurrency market daily overview. Source: Coin360BTC trades in $400 corridorData from Coin360 and CryptoX Markets showed BTC/USD trading in a wide corridor between
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Communication-related tokens have surged over 18 percent in the last week, following in the footsteps of Zoom and other telecommunications stocks.Increase in the remote workforceDuring tumultuous times, investors are eager to find assets that can provide shelter or a hedge from volatility. For many decades, this usually meant either
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Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction
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Bitcoin’s recovery from last week's catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost from today’s White House press conference which saw the U.S. Treasury
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The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was this one of the worst openings ever, but it is also a destructive period for indexes around the world. To date,
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Bitcoin (BTC) struggled to turn $6,000 into support during trading on March 12 as the second “Black Monday” event in the same week pushed stocks to perilous lows.Cryptocurrency market daily overview. Source: Coin360BTC bounces off $5,700 floorData from Coin360 and CryptoX Markets showed BTC/USD trying and failing to recapture
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Bitcoin (BTC) continued beating out any competition on March 7, turning $9,000 into solid support while coronavirus ravaged stocks and forex alike.Cryptocurrency market daily overview. Source: Coin360BTC price makes solid support out of $9,000Data from Coin360 and CryptoX Markets showed BTC/USD trading above the $9,000 mark for a third
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Joe Biden’s Super Tuesday surprise helped healthcare stocks lead the market recovery on Wednesday. Biden crushed Bernie Sanders and Elizabeth Warren, the leading proponents of “Medicare For All.” Dow stock UnitedHealth Group headlined the surge. Healthcare stocks are heaving a sigh of relief on Wednesday after Joe Biden pulled
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The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy.
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Covid-19 is spreading around the world, and this is suppressing the travel industry. Hotel and cruise stocks are leading the wider market into correction with massive declines. It could be years before the sector recovers – especially if Covid-19 becomes endemic in east Asia. The Wuhan coronavirus outbreak makes
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