Category: Dip
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Inflows to US spot Bitcoin ETFs spike $143.1m, investors buy dip
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Bitcoin exchange-traded funds, or spot bitcoin funds, saw their highest inflows on July 6 after the price of bitcoin fell sharply, to below $55,000, during the Fourth of July holiday in the United States. The latest data indicates an inflow of $143.1 million into these investment vehicles. Leading the charge…
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Time to Buy the Bitcoin Dip? Experts Weigh in on the Opportunity Following the Crash
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Over the past few days, cryptocurrency markets have fallen by 15% with over $350 million exiting the space. Monthly support levels were broken sending the crypto asset to its lowest levels since late February as bearish sentiment returns. However, a 28% market correction is not new, and has happened several…
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Time to Buy the Bitcoin Dip? Experts Weigh in on the Opportunity Following the Crash
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Over the past few days, cryptocurrency markets have fallen by 15% with over $350 million exiting the space. Monthly support levels were broken sending the crypto asset to its lowest levels since late February as bearish sentiment returns. However, a 28% market correction is not new, and has happened several…
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Bitcoin’s quick dip below $57k forces beginners to capitulate, CryptoQuant says
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As Bitcoin price drops below $57,000, concerns have been mounting among investors about potential market volatility and its impact on miners. On Thursday morning, speculators continued their selling pressure, forcing Bitcoin (BTC) below $57,000 for the first time since February. At the time of writing, Bitcoin is trading above $57,000,…
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Bitcoin’s quick dip below $57k forces beginners to capitulate, CryptoQuant says
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As Bitcoin price drops below $57,000, concerns have been mounting among investors about potential market volatility and its impact on miners. On Thursday morning, speculators continued their selling pressure, forcing Bitcoin (BTC) below $57,000 for the first time since February. At the time of writing, Bitcoin is trading above $57,000,…
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Kenya Agoa exports dip 42pc, deny traders dollar windfall
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Kenya’s export earnings to the United States under the African Growth and Opportunity Act (AGOA) fell by 41.7 percent last year, new data shows, hurt by a general decline in garment shipments, denying traders gains during a period when the shilling weakened sharply against the dollar. Kenya exported Ksh65.77 billion…
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US dollar bounces right back after ISM dip
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USD/JPY 10 minutes The US dollar fell on weak ISM manufacturing, but it bounced back strongly. Fuel is coming from the bond market, where 10-year Treasury yields are now up 12 basis points on the day and more than 20 basis points since their lows after Friday’s personal consumer spending…
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Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims
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The price of XRP, RippleNet’s native token, has been caught in the crosshairs of a bearish cryptocurrency market. It is currently trading below the crucial $0.50 mark, XRP It appears to be following the broader market trend. However, recent analysis by market analyst Tylie Eric sheds a ray of hope…
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GBPJPY tests the highs from last week after dip today bounced off MA support
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GBPJPY was in an uptrend this week, but turned lower during the European session after weaker than expected preliminary PMI data. The price fell below the 100-hour moving average (blue line on the chart above at 200.77) but found support near the 200-hour moving average and the lower end of…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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My Top ETF to Buy the Dip in Slumping Software Stocks Like Salesforce
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Sales force (NYSE: CRM) The stock took a beating on May 30, one day after posting weak guidance for the second quarter of fiscal 2025. Salesforce and other software stocks — from Adobe to a work day, Atlantic, SnowflakeOthers are hovering around their lowest levels so far this year. The…
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Dollar rebounds as equities dip, eyes on Treasury auctions By Investing.com
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Investing.com – On Wednesday, the DXY index rose past the 105 mark. This move sparked debates among market watchers about whether this signifies the beginning of a new upward trend or is merely a continuation of range trading amid a period of low volatility. The recent pattern of weak results…
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European markets dip after UK inflation misses forecast (EUR:USD)
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Da-kook/E+ via Getty Images LONDON (UKX) -0.45% UK inflation fell to 2.3% in April, higher than market expectations of 2.1%. However, it is the lowest since July 2021. UK public sector net borrowing rose to £20.5 billion in April. Germany (DAX:IND) -0.20% France (CAC:IND) -0.43% Sweden’s unemployment rate rose to…
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Initial jobless claims dip to 222,000 last week, but still above estimates By Investing.com
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Investing.com – The number of Americans filing for unemployment benefits for the first time was higher than expected last week, although the number was down from the previous period. In the United States it fell to 222,000 in the week ending May 11, down from an upwardly revised total of…
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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
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Bitcoin has It was slid down Since it reached an all-time high last March. This has largely led to dip-buying sentiment among cryptocurrency traders, with many believing that the correction will end once it is over and Bitcoin will rise back to its all-time highs. Related reading According to cryptocurrency…
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It’s Time to Buy the Dip in This Generational Growth Stock Opportunity
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Airbnb’s (Nasdaq: ABNB) The first quarter earnings report was fresh from the press on May 8. Despite strong impulses on the top and bottom lines, investors sold the stock the next day as Q2 guidance came up short. Shares lost 7%, a big one-day selloff for the travel leader. Revenue…
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Should You Buy the Post-Earnings Dip?
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Palantir stock (New York Stock Exchange: Beltr) decreased by about 16% after that First quarter earnings reportWhich got me thinking about whether this downturn represents a buying opportunity. Notably, Palantir demonstrated another quarter of strong revenue growth, promising customer base expansion, and strong profitability metrics. However, concerns remain about the…
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XRP Holders Stack Coins Despite Price Dip: Bullish Signal?
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The cryptocurrency market has been hit hard by recent storms, with many altcoins seeing significant price drops. However, XRP appears to be weathering the storm with a hint of defiance. Despite its low price, on-chain data reveals interesting trends that point to a potential upside for XRP investors. XRP Accumulation…