Category: market
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis
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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 Market Liquidations Top $197 Million As Bitcoin Price Plunges Below $60,000
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Bitcoin seems unable to break above the $60,000 price level as it continues to trade in uncertainty. On Saturday, August 3, the cryptocurrency saw another sharp decline, briefly falling below the $60,000 level. Although this drop only lasted a few minutes, it was very significant, especially since Bitcoin was trading…
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Nearly 10% Value Erased In Market Shake-Up
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Binance Coin (BNB) is under bearish pressure along with other altcoins in the market. According to Latest According to market data, the token has fallen by about 10% since last week, which represents a significant drop in value for long-term investors. The massive drop is due to Poor performance The…
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Nearly 10% Value Erased In Market Shake-Up
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Binance Coin (BNB) is under bearish pressure along with other altcoins in the market. According to Latest According to market data, the token has fallen by about 10% since last week, which represents a significant drop in value for long-term investors. The massive drop is due to Poor performance The…
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HUGO BOSS maintains resilience amid market challenges By Investing.com
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Amidst global economic headwinds, HUGO BOSS AG (ETR: BOSS) has reported a slight sales decline and a notable decrease in EBIT for the second quarter of 2024. CFO and COO Yves Müller, during the earnings call, emphasized the strength of the company’s CLAIM 5 strategy and its success in limiting…
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Weekly Market Outlook (05-09 August)
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Upcoming Events: Monday: China Caixin Services PMI, Eurozone PPI, US ISM Services PMI, Fed SLOOS. Tuesday: Average cash income in Japan, RBA monetary policy decision, Swiss unemployment rate and retail sales, Eurozone retail sales, Canada services PMI. WednesdayNew Zealand Labour Market Report, Bank of Canada Meeting Minutes. Thursday:Bank of Japan…
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Crypto Market Sentiment Analysis: A Step-by-Step Guide
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Crypto market sentiment analysis has become an essential tool for investors navigating the volatile cryptocurrency market. This approach combines fundamental analysis with social media trends and investor emotions to gauge market mood and predict potential price movements. By monitoring sentiment indicators, traders can gain valuable insights into market psychology, helping…
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How reflexive is the economy to the stock market?
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The Nasdaq is down 10.4% since its high just three weeks ago, but when you look at the broader picture, it’s a minor correction after a stunning rally. Nasdaq Weekly If stocks can stabilize here, this episode will quickly be forgotten. The problem is that we may see more selling,…
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Global Market Weekly Recap: July 29 – August 2, 2024
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The usual correlations between major assets were not in evidence at the start of the week as top-tier data releases sparked volatile price reactions and individual directional moves. Interest rate developments in the US, Japan and the UK were at the forefront, although tensions in the Middle East and US…
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Crypto Analyst Weighs In On The Market
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As the cryptocurrency market faces another bearish scenario, bearish sentiment is once again on the rise. Some investors seem to fear that altcoins will not take off in this cycle and that they have missed their chance to cash in on the rally. However, popular analyst Altcoin Sherpa has shed…
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Forexlive Americas FX news wrap 2 Aug: Bond market cuts rate for Fed after weak jobs data
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After some amazing earnings/revenue numbers from Amazon after the shutdown (revenue declines and slower consumer concerns), and a day of bad news yesterday, markets got another dose of “weakness” today in the US jobs report. The US nonfarm payrolls report for July 2024 showed a gain of just 114,000 jobs,…
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Solana’s Failed Transaction Clarified By Market Expert, Here’s What To Know
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As the Solana blockchain saw a spike in failed transactions in April, due to Memcoin MadnessMany community members were not entirely sure about the network. However, Marty Bartee, host of Crypto Traders Club Space, shed light on the issue of failed transactions on the Solana blockchain, addressing widespread concerns among…
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Daily Broad Market Recap – August 1, 2024
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Just when August seemed to be off to a sluggish start, volatility in the financial markets reached a peak as the New York session approached. what happened after that? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: Australian import prices recovered 1.0% q-o-q…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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Bitcoin Price Drops To $62k As Crypto Market Mirrors Stocks
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The cryptocurrency market has seen a major decline, with Bitcoin today falling to its lowest level since mid-July, falling to nearly $62,000. The sharp decline mirrored a broader sell-off in the stock market, as investors reacted to the latest economic data and geopolitical tensions in the Middle East. Bloodbath in…