Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash
The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in the stock market intensified. The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or BofA, suggested a 20% drop is possible.The Dow Jones Industrial Average declined 7.55% since Oct. 12. Tech-heavy stock indices performed slightly better in the same three weeks as the Nasdaq dropped 5.8%.While the correlation between Bitcoin and stocks has declined in recent....
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Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s likely to break hard and cause investors to suffer for a long time.” Biden Administration Policies In remarks made during an interview, Tice, who claims to be a “believer in the Austrian School of Economics”, points to the “business-unfriendly policies from....
Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market. Market Expert Predicts 32% Crash In Stock Market Berezin mentioned in an interview that the S&P 500 will decline by 32% and drop to 3,750 by next year. He explained that this downtrend would occur due to a recession in the US, which he predicts could happen at year-end or early 2025. He claimed that the reduction in consumers’ spending is....
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies.
Robert Kiyosaki Warns of ‘Giant’ Market Crash in October
Famous author and investor Robert Kiyosaki has predicted that a “giant stock market crash” is coming in October, noting that gold, silver, and bitcoin may crash as well.
Rich Dad Poor....
These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America. Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data by Bank of America, or BofA.According to a BofA report published on Monday, companies like Morgan Stanley, Signature Bank, and Warner Music Group also have some exposure to digital assets.In all, the 20 firms identified by BofA have their stocks rated as either “Buy” or “Neutral” by America’s second-largest....
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki Predicts Imminent Crash of US Dollar
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with a dire warning about the U.S. dollar, predicting that the USD will crash in a few months.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on....