Category: Plunge
-
If Bulls Fail, BTC May Plunge To $40,000
•
Bitcoin is down. Earlier today, the coin fell to $49,000, down 30% from its July highs. Although the coin briefly pulled back, paring some losses, the downtrend is still intact, at least judging by the candlestick formation on the daily chart. The sharp sell-off in Bitcoin is impacting the altcoin…
-
Robinhood and Nvidia lead market plunge amid economic jitters
•
U.S. stocks fell on Monday, part of a global sell-off, as investors braced for days of volatility amid growing concerns about a slowing U.S. economy and excessive gains in the technology sector. The S&P 500 fell 3%, its biggest daily drop since September 2022, and the tech-heavy Nasdaq 100 fell…
-
Japan’s shares plunge more than 10% extending sell-offs; July services PMI revised downwar
•
ronniechua/iStock via Getty Images The Nikkei 225 index fell more than 10% to around 31,135 while the broader Topix lost 6.5% to 2,370 early Monday, with both indexes hitting seven-month lows on concerns about rising interest rates in Japan and also under pressure from safe-haven buying. Amid global stock sell-offs…
-
Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5
•
polygonal (MATIC) It recently broke the crucial support level at $0.5 and is at risk of further price declines. This price drop is due to many traders dumping their tokens as soon as Polygon reached this support level amidst the downtrend in The broader cryptocurrency market. Polygon is facing significant…
-
Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5
•
polygonal (MATIC) It recently broke the crucial support level at $0.5 and is at risk of further price declines. This price drop is due to many traders dumping their tokens as soon as Polygon reached this support level amidst the downtrend in The broader cryptocurrency market. Polygon is facing significant…
-
Cosmos Set For 50% Rally After Recent Plunge, Analyst Eyes $12
•
The cryptocurrency market is brimming with hope due to the recent surge in Bitcoin and Ethereum ETF Launched Today is expected to create a positive wave. In this noisy environment, Cosmos (ATOM) is one of the cryptocurrencies that shows great potential for a major breakout. Related reading Although ATOM has…
-
Tesla’s California registrations plunge three quarters in a row, dealer data shows By Reuters
•
(Reuters) – Tesla Inc. (NASDAQ:) vehicle registrations in California fell for a third straight quarter in the April-June period, pointing to growing challenges facing the electric car maker, according to a report from the California New Car Dealers Association on Thursday. High interest rates and intense competition have reduced demand…
-
Aims To Reclaim $0.50 After Plunge
•
The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
-
Aims To Reclaim $0.50 After Plunge
•
The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
-
3 Leading Artificial Intelligence (AI) Stocks That Can Plunge Up to 91%, According to Select Wall Street Analysts
•
For the past 30 years, Wall Street and the investment community have been waiting for a game-changing innovation or technology that could rival or surpass what the Internet did for corporate America. artificial intelligence It might be a perfect fit. When I discuss artificial intelligence, I’m talking loosely about using…
-
Bitcoin Weekend Trading Volumes Plunge To Record Lows
•
Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a breeding ground for volatility, has become particularly important in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC Trading volumes declined at the…
-
Chinese House Prices Plunge at Fastest Rate in a Decade
•
Chinese property prices fell last month at their fastest rate in a decade, raising concerns about the stability of the world’s second-largest economy. According to the National Bureau of Statistics, new home prices fell by 0.7% month-on-month in May, the largest monthly decline since October 2014. The decline marks the…
-
Oil Prices Predicted to Plunge to $60 by 2025, Bringing Relief to Drivers
•
Motorists are set to benefit from a significant drop in fuel prices over the next 18 months, with analysts predicting a significant drop in the cost of oil to $60 per barrel. The expectation of lower gasoline prices comes on the heels of expectations that the global supply of oil…
-
Dow closes lower on rising yields, plunge in American Airlines By Investing.com
•
Investing.com — The Dow Jones closed sharply lower on Wednesday, driven by higher Treasury yields and weaker industries as airline stocks fell sharply on concerns about demand after American Airlines Inc. cut its second-quarter earnings guidance. At 16:00 EDT (20:00 GMT), it was down 411 points or 1.1%, down 0.8%,…
-
Crypto Exchange Spot Volumes Plunge 60% Post BTC Halving
•
After a record-breaking March driven by Bitcoin’s (BTC) equally impressive performance, spot trading volumes at the 10 largest cryptocurrency exchanges fell by more than 60% in April. According to a benchmark released by Finance Magnates Intelligence, its trading volume fell from $2.1 trillion in March to just under $1.3 trillion…
-
Gas Gone Cheap! Ethereum Fees Plunge 93% To Rock Bottom Prices
•
Ethereum users are rejoicing at the significant drop in gas fees, as the network saw its lowest level since early 2020. This translates into much cheaper transactions, making the platform more accessible to everyday users and developers. However, experts warn that this fee fest may be temporary, raising questions about…
-
XRP Sinking? Why Altcoin’s Price Continues Downward Plunge
•
The once-thriving cryptocurrency Ripple (XRP) finds itself in a precarious situation. Last month was marked by a significant drop in the value of XRP, leaving investors and analysts in a state of uncertainty. While some fear a continuation of the decline, others see the possibility of a return, with technical…
-
Buy stocks in May because inflation is set to plunge through the rest of 2024, Fundstrat’s Tom Lee says
•
Photo by Cindy Ord/Getty Images for Yahoo The stock market is offering a buying opportunity this month, according to Fundstrat’s Tom Lee. This is because inflation is expected to fall “significantly” over the rest of the year, Lee predicted. He pointed to the lag in the consumer price index, with…
-
Asia FX dips as dollar steadies from payrolls plunge; yen reverses course By Investing.com
•
Investing.com — Most Asian currencies fell on Monday as the dollar stabilized from Friday’s decline after weaker-than-expected jobs data led markets to increase bets on interest rate cuts by the Federal Reserve. The Japanese yen was the worst performer in Asia, as it reversed course after clear government intervention last…