Bitcoin Manage To Hold Its Own As Wall Street Open With Losses, Analysts Weig...
While American stocks plunged at the opening of Wall Street on July 14, Bitcoin escaped losses, but traders remained uneasy. Analysts Weigh In On Bitcoin Bottom The S&P 500 and Nasdaq Composite Index both fell by about 1.8% at the time of writing as Wall Street opened in the red. Although the largest cryptocurrency’s correlation to stocks declined to its lowest levels of 2022 so far, Bitcoin was still able to hold its own. BTC/USD trades above $20k. Source: TradingView BTC/USD fluctuated around $20,000 during the day, as shown by data from TradingView. However, few were prepared to....
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Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....
There is "no way" that Bitcoin price performance will not eclipse the recent $17,500, one analyst insists. Bitcoin (BTC) avoided losses as United States equities dived on the July 14 Wall Street open, but traders remained nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: "No way" Bitcoin bottomed at $17,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $20,000 on the day.Wall Street opened with losses, the S&P 500 and Nasdaq Composite Index both down around 1.8% at the time of writing.Bitcoin nonetheless managed to hold....
Feb. 4 delivers more of the same for both tech stocks and crypto, with Bitcoin adding $1,000 on the Wall Street open. Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks continue volatilityData from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains.After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB)....
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