Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Bitcoin falls to $35K on warning of China crackdown

Altcoins suffer double-digit losses in marketwide meltdown Anxiety has washed over the crypto market, with cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China called for a crackdown on Bitcoin mining andContinue reading “Bitcoin falls to $35K on warning of China crackdown”

Bitcoin hits speed bump at $60K as Cardano makes all-time high

Stimulus checks turn crypto market green for St Patrick’s Day As Americans celebrated Saint Patrick’s Day with a feast of $1,400 stimulus checks, the crypto market turned a fitting shade of green. Prices surpassed $60K early in the week, with two out of five stimulus checks landing in the crypto market, according to a recent survey.Continue reading “Bitcoin hits speed bump at $60K as Cardano makes all-time high”

Weekly Stock Market Update: Nasdaq posts worst weekly loss since October

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week showed significant gains for TripAdvisor Inc. (TRIP), PDC Energy Inc. (PDCE), Goodyear Co. (GT), Caesars Entertainment Inc. (CZR), and Bluebird Bio Inc. (BLUE). TripAdvisor Inc. (TRIP) shares jumped this week after analysts raised price targets on the travel guidance platform, due to theContinue reading “Weekly Stock Market Update: Nasdaq posts worst weekly loss since October”

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