Category: market
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Stock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
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Wall Street called off a six-week winning streak at the market close on Friday, with Treasury yields rising and investors grappling with soaring valuations amid mixed earnings. One of the biggest losers on Friday was Capri Holdings Ltd., which lost nearly half its value after a federal judge blocked its…
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MEW Hits $1B Market Cap After New ATH, Cat Season Arrived?
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Roopmar is a writer and translator who has been passionate about cryptocurrencies for the past four years. Her goal as a writer is to create pieces that are informative, complete, easy to understand, and accessible for those entering the cryptocurrency space. After learning about cryptocurrencies in 2019, Roopmar became interested…
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Daily Broad Market Recap – October 24, 2024
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The market was focused on the rapid global Purchasing Managers’ Index (PMI) reports, which showed mixed results across major economies. How did asset classes and currencies perform? Check out the latest headlines that influenced the price action: Titles: Australian Judo Bank Manufacturing PMI fell from 46.7 to 46.6 in October,…
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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
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Trump announced that “there will be no third debate” in a post on Thursday.Chip Somodevilla/Getty Images Emerging market stocks are headed for their worst monthly decline since January. This recession comes as Trump’s chances of winning the upcoming US elections increase. Trump pledged to significantly raise tariffs on imports to…
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Predictions Of Cycle Top And Next Bear Market Bottom
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This article is also available in Spanish. As Bitcoin (BTC) faces a minor correction, trading below the critical support level of $66,000 after several failed attempts to breach the $70,000 mark, analysts are observing important technical indicators that may indicate a price recovery in the future. Notably, BTC’s weekly Moving…
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Daily Broad Market Recap – October 23, 2024
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The major assets were all over the charts on Wednesday. US Treasury yields continued to rise, pushing the US dollar higher and dragging gold prices lower. Risk assets such as stocks and Bitcoin weakened, while crude oil prices failed to make new weekly highs. What were the catalysts that moved…
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The stock market is flashing a signal that’s previously preceded a 10% slump, Citi says
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Wall Street subway stationGetty Images Investors’ exposure to the S&P 500 is the highest since mid-2023, Citi strategists said. The level of exposure at that time was followed by a 10% decline in the following months, they said. “Positioning risks rise when markets expand like this,” they said. Citi says…
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The stock market is flashing a signal that’s previously preceded a 10% slump, Citi says
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Wall Street subway stationGetty Images Investors’ exposure to the S&P 500 is the highest since mid-2023, Citi strategists said. The level of exposure at that time was followed by a 10% decline in the following months, they said. “Positioning risks rise when markets expand like this,” they said. Citi says…
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2025 Crypto Market Prediction: Dogecoin Price to $1, Cardano Price Back to $3, and RCO Finance to $2 from $0.03
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As we head into 2025, several cryptocurrencies stand out as potential leaders, with significant price growth expected. In this article, we will study the expected price of Dogecoin and the price of Cardano. We are checking too RCO Finance (RCOF). These digital assets have shown increasing resilience and adoption, positioning…
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World’s Largest Prediction Market Polymarket Is Trump Biased
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Seeing Bitcoin prices rise as Donald Trump takes the lead in the world’s largest prediction market, PolymarketIt made me do some research on what Polymarket is and who uses it. Now I have to say – I think Polymarket is leaning toward Trump. We need to take this bias into…
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Ethereum Milestone Looms: Market Expert Foresees Breakthrough To $10,000 Mark
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Cryptocurrency enthusiasts are showing their confidence once again ethereum, The second largest potential digital asset in the ongoing cycle, with some experts predicting that ETH will see a historic price surge to unprecedented heights at the peak of this bull cycle. These experts point to past market trends and ETH’s…
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Daily Broad Market Recap – October 22, 2024
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There was no significant data, leaving major assets exposed to current market issues and growing concerns about the US economy. How have your closely watched assets traded in recent trading sessions? Let’s discuss it below: Titles: Member of the European Central Bank Olly Wren He said the eurozone slowdown was…
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Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights
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This article is also available in Spanish. Since July 29, Bitcoin price has been struggling to reclaim the $70,000 level, which has proven to be a massive resistance barrier for the leading cryptocurrency. This resistance remained in place during the last two quarters of the year, after Bitcoin hit a…
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Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights
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This article is also available in Spanish. Since July 29, Bitcoin price has been struggling to reclaim the $70,000 level, which has proven to be a massive resistance barrier for the leading cryptocurrency. This resistance remained in place during the last two quarters of the year, after Bitcoin hit a…
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Daily Broad Market Recap – October 21, 2024
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Major assets were all over the charts on Monday despite the lack of high-level data releases. Crude oil found support from rising tensions in the Middle East while gold prices fell after hitting new record highs. How are your other closely monitored assets trading? We have deets! Titles: As expected,…
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TRON Market Cap Hits $14 Billion On Strong Revenue Growth
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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TRON Market Cap Hits $14 Billion On Strong Revenue Growth
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Ethereum Derivative Market Sees Over 50,000 ETH Inflow, Price Fall Imminent?
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Similor Valeti is a cryptocurrency writer specializing in journalism and content creation. While he began writing on many topics, Similor soon found a knack for dealing with the intricacies and intricacies of the interesting world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets in terms…
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BlackRock Seeks To Push BUIDL As Derivative Collateral In Crypto Market
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BlackRock, the world’s largest asset manager, aims to expand its footprint in the digital assets industry following the successful launch of Bitcoin and Ethereum ETFs in 2024. In a new venture, the US asset manager is trying to push the adoption of its funds. Market token BUIDL as an additional…
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Global Market Weekly Recap: October 14 – 18, 2024
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Typical market correlations appear to have been out of sync throughout the week, with asset classes driven more by individual catalysts than broad market themes. However, some risk-off reactions were seen due to the lackluster reaction to China’s stimulus announcement at the beginning of the week and ongoing geopolitical tensions.…