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Posts published in “Business”

Bitcoin price forecast: BTC could face further correction as momentum weakens

Key takeaways BTC is down 3% in the last 24 hours and is now trading below $108k. The bearish performance comes as momentum in the market continues to weaken. Bitcoin slips below $108k The cryptocurrency market is opening the weekly candle bearish, with Bitcoin and other major cryptocurrencies suffering huge losses in the last 24

Bitcoin holds $110k as cautious calm returns to crypto markets

Bitcoin is trading steadily around $110,300 as markets consolidate. Traders have largely paused adding new risk after the recent Fed meeting. Bitcoin dominance has risen to approximately 60% of the total crypto market. With Bitcoin holding steady above the key $110,000 level as traders consolidate positions and reassess risk following last week’s hawkish signals from

SPX basing through indecision

S&P 500 did more than post-FOMC retracement – the move cut into Sunday‘s S&P 500 gap, accompanied by bonds trading sharply lower as well. Institutions also sold the close, and where it matters (XLK, XLC, XLY and XLF...