Category: Dip
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Bitcoin goes through final dip before a potential surge as SOL recovers
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As Bitcoin heads towards a potential $100K rally and Solana shows signs of recovery, DTX exchange is stealing the spotlight with nearly $2M in pre-sales. The Bitcoin community has been…
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Polygon on-chain activity spikes despite MATIC price dip
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Polygon has seen a significant increase in on-chain activity despite the bearish reversal in cryptocurrencies that has seen MATIC decline. While the price of Polygon (MATIC) may continue to struggle amid the weakness currently surrounding Bitcoin (BTC) and the broader crypto market, analysts say the surge in on-chain activity points…
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Citi sees limited upside for USD/JPY, expects rebound before dip By Investing.com
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Citi provided commentary on the currency pair, drawing parallels with historical currency movements and forecasting potential future trends. The financial services firm noted that while the USD/JPY uptrend has been more restrained than initially anticipated, the pair is unlikely to fall below 140 JPY/USD until next year. Citi expects a…
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Market Dip Leaves TIA Investors 16% In The Red
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With the wider crypto market under Celestia has dropped by 3% in the past 24 hours, due to the bearish trend. According to Queen GeckoTIA, the native token of Celestia, has dropped more than 18% since last week, putting more pressure on exhausted bulls as bears look for more bearish…
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Applied Industrial Technologies maintains $235 target amid sales dip By Investing.com
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On Monday, Applied Industrial Technologies (NYSE:AIT) maintained its Outperform rating and $235.00 price target from Oppenheimer. The firm noted that while Applied Industrial Technologies saw a slight decline in sales, the company’s margins remained strong in the fourth quarter of fiscal 2024. This was attributed to a combination of unbalanced…
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Trump meme coin crashes, Kamala Harris Polymarket odds dip
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Political meme coins have been a huge failure, with digital tokens inspired by Republican presidential candidate Donald Trump plummeting in value. TrumpCoin (DJT) has dropped to an all-time low of $0.000157 MAGA: Fight for Trump (TRUMPCOIN) has dropped to $0.0059, giving it a market cap of over $5.9 million. MAGA…
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JPMorgan: You can profit 70% of the time you buy the dip in corporate debt
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It’s usually worth buying U.S. corporate bonds when the market is weak, according to a research note from JPMorgan Chase & Co. Investors who buy high-quality U.S. corporate bonds when spreads widen have made profits over the next three months about 70% of the time, strategists led by Eric Benstein…
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Oil prices dip as OPEC cuts demand forecast, economic cues awaited By Investing.com
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Oil prices fell in Asian trading on Tuesday, reversing last week’s rally, as a series of economic signals this week raised caution, while OPEC also cut its forecast for demand growth in 2024. Prices rose sharply from their lowest levels in more than seven months as fears of an escalating…
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Carry trades cleared out, USD/JPY longs dip a toe in the water
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Markets are struggling with some of the drama of the past two weeks today. Japan is on holiday today, and the US economic calendar is empty, so this is a good time for markets to catch their breath. But what is striking is that the yen has become weaker overall…
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Blow for farmers as cane prices dip further on market glut
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The national average price of sugarcane delivered to various mills fell further this month, cutting into farmers’ profits but giving relief to consumers through lower retail prices. The Sugarcane Pricing Committee – an independent panel comprising the Agriculture and Food Authority, the Ministry of Agriculture, farmers, millers and sugar producing…
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Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip
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Bitcoin addresses with a balance of more than 0.1 BTC are nearing an all-time high, according to data from Bitcoin Pro MagazineThere are currently 4,580,424 such addresses, just shy of the record of 4,586,540, and representing a monthly increase of 27,939 addresses. The recent drop in Bitcoin’s price from around…
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Dip buyers continue to wade into equitie, commodities and crypto
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Market sentiment continues to improve after early pullback. US traders have managed to stabilize the market after the worst day in Japanese stock market history. The market is trying to digest the decline in carry trades and the rapid and widespread deleveraging in an uncertain economy. Helping to improve the…
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Why investors should buy the ongoing dip in stocks, Fundstrat says
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Tyler Kahn/B Tom Lee of Fundstrat advises buying stocks as they continue to fall despite worrying economic data. Technology stocks have been stumbling lately on disappointing earnings and volatility in the chip sector. He tells me that the upcoming guidance from the Federal Reserve and a potential interest rate cut…
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Donald Trump’s monthly legal expenses dip below $1 million
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As a former president Donald Trump As Trump faces an intense fundraising effort from the Democratic Party, a persistent burden on his campaign coffers may be starting to ease: legal expenses. A new report shows that the Save America political action committee paid about $827,000 in June for Trump’s legal…
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XRP Price Faces a Dip, Yet Uptrend Support Holds Firm
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Crypto Analyst Predicts XRP To Hit $1.03 Soon, Warns Of Initial Dip
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XRP price has been on an impressive run in recent days, but that rally came to an abrupt end yesterday. After rising to $0.6378, it temporarily dropped by over 11%. However, popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short term, even if the decline widens further in…
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Asian stocks dip on tech losses, Trump comments rattle Taiwan, China markets By Investing.com
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Most Asian stocks fell on Wednesday, with losses centered around Taiwan and China after Republican presidential candidate Donald Trump said Taiwan should pay the United States for defense. However, broader losses were limited by a strong lead from Wall Street, with the Dow Jones rising about 2% to record highs,…
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Asian stocks dip amid weak China GDP, Trump shooting aftermath By Investing.com
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Most Asian stocks fell on Monday after disappointing economic growth figures from China, while uncertainty over US policy following the assassination attempt on former President Donald Trump also weighed on sentiment. Markets faced low trading volumes due to the Japanese market holiday. But losses in most Asian markets were limited…
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Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares
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The recent price weakness caused by Mt. Gox and selling pressure from the German government is likely to be seen as a buying opportunity, as evidenced by the $441 million inflow into cryptocurrency investment products over the past week. During the same period, ETPs recorded a low volume of $7.9…