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What Happened in Markets Today Stocks down on more AI fatigue. Weakness across major tech stocks weighed down the S&P 500 and Nasdaq on Monday. The Dow was up slightly in the afternoon but ended up closing down a slight 41 points.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.51%. December E-mini S&P futures (ESZ25 ) fell -0.14%, and December...
American Bitcoin Corp increased its Bitcoin holdings by 261 BTC, taking total reserves to 5,044 BTC. The latest purchase comes as Bitcoin BTC $86 417 24h volatility: 1.9% Market cap: $1.72 T Vol. 24h: $50.37 B traded near $89,700 at press time, valuing the company’s stash at more than $450 ...
The company snapped up the cryptocurrency for a second week following a brief pause in its purchases.
18:15
Yahoo! Finance
Bitcoin trades below $86,000 on Monday after cryptocurrencies endured more selling pressure over the weekend.
17:47
Yahoo! Finance
Bitcoin plunged to a price of nearly $85,000 on Monday, hitting its lowest price since early December as hopes of a Santa rally fade.
GOBankingRates consulted with experts to determine how one can know when it's time to sell their crypto.
As we hit the halfway mark in December, crypto continues its rangebound trading, disappointing many who expected a Santa Rally going into the end of the year. Leading crypto BTC has repeatedly tested the mid $90k levels, only to face rejection and scurry back down the charts. After 3 red days in a row, BTC ... Santa’s Sleigh Doesn’t Have BTC In It
Bhutan has signed a Memorandum of Understanding (MoU) with Cumberland DRW, with the goal of supporting Bitcoin BTC $86 417 24h volatility: 1.9% Market cap: $1.72 T Vol. 24h: $50.37 B reserve management in Gelephu Mindfulness City (GMC). The duo also plans to explore other areas like stablecoins, mining, and ...
The curse of the U.S. trading session — in which bitcoin tends to fall as American stocks trade — has hit yet again.
Bitcoin miners in China's Xinjiang region have powered down 100 EH/s amid government inspections.
Investors closely watched the Nasdaq 100‘s annual reconstitution to see if Strategy (NASDAQ:MSTR) — the largest corporate holder of Bitcoin (CRYPTO:BTC) — would lose its spot due to its bitcoin-heavy balance sheet. On Friday, Nasdaq announced the changes, and Strategy survived the cut, avoiding removal during a reshuffle that dropped six companies and added six ... Strategy (MSTR) Survives Nasdaq 100 Reshuffle — Can It Endure an MSCI Ban?
Strategy funded the acquisition of 10,645 bitcoin through the sale of $989 million in common and preferred stock between December 8 and December 14.
12:06
Yahoo! Finance
Bitcoin, gold, and silver face key inflection points ahead of CPI and BoJ decisions later this week, which could drive volatility this week.
Iran’s rial slid further Monday to a new record low of more than 1.3 million to the U.S. dollar, deepening the currency’s collapse less than two weeks after it first breached the 1.2-million mark amid sanctions pressure and regional tensions. Currency traders in Tehran quoted the dollar above 1.3 million rials, underscoring the speed of the decline since Dec. 3, when the rial hit what was then a historic low. The rapid depreciation is compounding inflationary pressures, pushing up prices for food and other daily necessities and further straining household budgets, a trend that could be intensified by a gasoline price change introduced in recent days.
Despite Fed rate cuts and the end to quantitative tightening (QT), Bitcoin BTC $86 417 24h volatility: 1.9% Market cap: $1.72 T Vol. 24h: $50.37 B price has been under strong selling pressure and trading under $90,000 once again. This week will be crucial with the announcement of the US ...
09:20
Yahoo! Finance
XRP XRP $1.90 24h volatility: 4.6% Market cap: $114.51 B Vol. 24h: $3.45 B saw fresh activity on Dec. 15 as its daily spot trading volume climbed by over 50%. This came as a TD technical indicator flashed a buy signal,which often hints at a possible short term rebound. Despite ...
Markets in London and Europe climbed at the start of a busy week of rate calls and economic readings.
Itaú Asset Management, Brazil’s largest privately-owned asset manager, is now officially advising its clients to buy Bitcoin BTC $86 417 24h volatility: 1.9% Market cap: $1.72 T Vol. 24h: $50.37 B . This marks a major turning point for crypto adoption in Latin America. The firm suggests a “calibrated” 1% ...
Other than declining the interest rates, the FED had announced buybacks of short-term bonds (T-bills) for about 40 billion monthly.
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