Bitcoin price continued its strong crash today, June 4, reaching its lowest level since March this year, continuing a downward trend that started mid May. BTC plunged to $61,325, erasing billions of dollars in value. This crash is happening as Wall Street investors continue dumping the coins. Why Wall Street investors are selling BTC ETFs
Brent crude oil price retreated to $96.7 today, June 4, as investors reacted to the new ceasefire between Israel and Lebanon. It remains about 16% below its highest point in May this year. Still, oil faces some major risks ahead despite the agreement. Brent crude oil price slips after Israel-Lebanon ceasefire Israel and Lebanon agreed
Pi Network price just crashed to a record low, continuing a downward trend that has been going on since its mainnet launch early last year. It plunged to a low of $0.1190, bringing its market capitalization to over $1.4 billion, a $18.6 billion lower than its all-time high of $20 billion. This article explores why
Scottish Mortgage (LON: SMT) share price remained steady and broke above a key resistance level this week as investors looked ahead to the potential IPOs of SpaceX and Anthropic, two high-profile private companies in which the trust holds significant stakes. The stock climbed to a high of 1,533p, marking a gain of more than 154%
The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April. US to
Sandisk stock price continued its bull run this week, reaching its all-time high amid the ongoing AI boom. SNDK has already jumped by over 600% this year and by over 4,000% in the last 12 months. While this rally may continue, there are substantial risks that it will suffer a strong reversal over time. Sandisk
South Korea’s Kospi Index continued its remarkable bull run this week, hitting another record high on Wednesday. It jumped to 8,900 KRW, bringing its 12-month gains to 220%, solidifying its status as the world’s best-performing stock market. Goldman Sachs sees Kospi Index jumping 40% The Kospi Composite Index has been in a strong bull run
Hong Kong’s Hang Seng Index has become a major laggard in the global equities market as top constituent companies plunge. The index was trading at H$25,600 today, June 3, down by nearly 9% from its highest point this year. In contrast, its top peers have surged to a record high. In Taiwan, the TWSE index
The crypto market is crashing today, with Bitcoin and most altcoins remaining in a bear market. After rising to $82,000 in May, Bitcoin price crashed to $66,000 on Wednesday. Ethereum remains below $2,000, while the market capitalization of all tokens fell by 4.2% to $2.3 trillion. This article explores the top reasons behind the crypto
XRP price made a strong bearish breakout today, June 3, continuing a downtrend that started on May 14 when it peaked at $1.5486. It dropped below a crucial support level and reached its lowest point since February this year. It has now plunged by over 66% from its highest point last year. XRP price has