The U.S. is presently at the forefront of critical factors that may influence financial markets. With the much-anticipated FOMC meeting in September and the upcoming November elections, attention is focused on the U.S. These events are significant, affecting not only traditional markets but also crypto enthusiasts who are hoping for legislation that could ease regulations … Read more
Bitcoin experienced a nearly 6 per cent decline on Wednesday, marking its the worst monthly performance since April 2022. This downturn occurred as investors withdrew funds from cryptocurrencies in anticipation of an interest rate decision from the Federal Reserve. April witnessed a substantial drop of almost 16% in the value of the most traded cryptocurrency … Read more
At the beginning of the fiscal year 2023-24, Bitcoin was valued at approximately $28,500. However, by March 2024, its price had surged dramatically to an impressive $73,750. In the year starting April 1, 2023, Bitcoin has had a remarkable run. Bitcoin gained more than 50% by mid-June 2023, rallying alongside tech stocks to trade around … Read more
Jumping for the fifth consecutive day, bitcoin hit $59,000 on Wednesday in the global crypto markets. And if the current rally continues, this would be maiden cryptocurrency’s substantial monthly rally since Dec 2020. In just one day, bitcoin rose 4.4 per cent reaching 59,259, its highest level since Dec 2021. At the same time, ether … Read more