Tag: bitcoin surge

Stocks on the New York Stock Exchange broadly slipped lower on Monday morning as Bitcoin continued its record rally. This comes as investors await a crucial Consumer Price Index (CPI) report later in the week. The benchmark S&P 500 slipped 0.1% lower, as did the...

Bitcoin rose by 3% on Wednesday to $28,720; its highest level since May. The largest digital asset has rebounded by 74% so far this year. Ether, Cardano, and Solana also posted gains. The recent crypto rise follows a wave of interest in digital currencies from traditional...

Bitcoin has seen quite a few ups and down over the past couple of years. But analysts at Standard Chartered believe the world’s largest cryptocurrency will only go up from here. According to Geoff Kendrick, head of digital assets research at Standard Chartered, Bitcoin will...

After hitting as low as $16K in November, Bitcoin seems to be approaching its historic levels again. The world's most valuable cryptocurrency continued its steady rise this week as well, surpassing the $30,000 mark. Bitcoin reached $30,382.10 early on Tuesday, and everything points out that...

The crypto market is benefiting from the Federal Reserve’s decision to protect depositors of collapsed Silicon Valley Bank (SVB) and Signature Bank. All major cryptocurrencies have seen positive movement to start the week, with Bitcoin jumping almost 18 percent at one point. Fed recently issued...

Although there have been plenty of signs linking the U.S. economy to a possible impending recession, it's not all doom and gloom in the finance industry. Indeed, experts have lamented over the state of things to come, but if you take a look at...