market
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Earnings are driving the market, but it’s not clear where
- February 6, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
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The stock market’s swings over the past few weeks have been enough to give you whiplash. For most of January, the Federal Reserve’s shift toward a tighter monetary policy, along with soaring inflation, were largely responsible for a fierce downward spiral in the market. The Fed still lurks in the background, but it hasn’t been the immediate cause of the gyrations this week.…
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Are the golden days of ‘Dogecoin Killer’ Shiba Inu over?
- January 28, 2022
- Posted by: MasterAdmin
- Category: Altcoins
New Delhi: Amidst the crypto meltdown, several crypto coins are losing their sheen. One such example is Shiba Inu, which once was among the top 10 digital tokens, but now is struggling to hold its place in the top-15.The dog-based meme token or the joke token has dropped about 75 per cent from its peak value of $0.00008, hit in late October 2021.…
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What does the crypto industry expect from the Fed’s meeting?
- January 27, 2022
- Posted by: MasterAdmin
- Category: Altcoins
New Delhi: The global crypto industry is awaiting the outcome of the Fed’s two-day policy meeting, which will be released on Wednesday. The hawkish stance from the Fed and signals of four rate hikes in 2022 has spooked the global markets lately.With a sharp correction in global equity markets, particularly in tech stocks, the crypto cart followed the carnage and eroded wealth worth $1 trillion from the global crypto market cap.However,…
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Crypto week at a glance: Deep correction in digital cart spooks investors
- January 24, 2022
- Posted by: MasterAdmin
- Category: Altcoins
The cryptocurrency market is known to go through volatile cycles of correction. This past week was one such deep correction with double-digit declines. From a technical perspective, the cryptocurrency market could be headed for a further dip. Bears are pretty active currently.Although it could seem to be a tight spot for several investors, it’s important to understand that true value creation happens during bear phases.…
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Bitcoin Extends Slide, Has Fallen More Than 50% From Record High
- January 23, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Bitcoin, the largest digital asset, extended its decline Saturday, and has now shed more than 50% from its record high in November.
Bitcoin’s decline since hitting the record has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the aggregate crypto market. While there have been much larger percentage drawdowns for both Bitcoin and the aggregate market, this marks the second-largest ever decline in dollar terms for both, according to Bespoke Investment Group.…
