Cryptocurrency markets were sluggish Friday after Federal Reserve Chairman Jerome Powell stated that interest rate hikes should be made “more quickly.” Powell also indicated that a rate hike of 0.5 pe...
Tag: Falls
Alcoa Stock Falls On Outlook; Nucor, Steel Dynamics Crush Views
Thursday was a tale two of two metals: Alcoa stock dived on an outlook tempered by higher costs and lower production, while Nucor and Steel Dynamics closed at record highs after predicting a record pr...
Dow Jones Falls As Powell Says This On Inflation; Elon Musk Makes Twitter Move; Tesla Stock Gains Fade
The Dow Jones Industrial Average retreated and the broader stock market crumbled as Federal Reserve Chairman Jerome Powell gave hawkish guidance amid spiraling inflation. Tesla (TSLA) saw strong post-...
Cathie Wood’s ARKK falls 60% from its peak, erasing all post-pandemic gains
A broad sell-off in technology stocks has dragged Cathie Wood’s main Ark Invest fund into the gutter – and it looks like it will take a long time for the popular ETF to dig itself out. The average hol...
Collective Wealth Falls Despite Economic Uptick, Only Eight See Fortunes Rise
Seoul city skyline. ED JONES/AFP via Getty Images This story is part of Forbes’ coverage of Korea’s Richest 2022. See the full list here. Despite South Korea’s export-led economy growing 4% in 2021, i...
Largest Bank Falls Victim to Crypto News Scam
The largest lender in Australia has warned that a story claiming that it has partnered with a cryptocurrency trading platform is false. The Commonwealth Bank of Australia (CBA) issued a statement that...
Silvergate Bank revenue soars in Q1 as institutional crypto trading activity falls
On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew...
Binance Coin (BNB) Trading Volume Falls More Than $64 Billion
The bearish outlook of the market in 2022 has seen Binance Coin trading volume fall steeply in the first quarter of 2022. According to Be[In]Crypto Research, the first quarter of 2022 saw decreased i...
Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K
The crypto market cap declined by about $80 billion today as Bitcoin dropped to a monthly low beneath $39,000. The crypto markets are on another roller coaster ride today, with bitcoin slipping below ...
LMT Stock Falls With Earnings For F-35 Maker Lockheed Martin On Tap
F-35 maker Lockheed Martin (LMT) is gearing to report for the first quarter early Tuesday. The Russian invasion of Ukraine unleashed German and NATO defense spending, including on F-35 fighter jets. O...
AAVE: Here’s what to expect from the token as it falls below crucial support zone
AAVE’s price action recently broke through its ascending support which was part of its megaphone pattern. The bearish performance was part of its correction after its March rally and it has so far reg...
Sri Lankan Rupee Falls to a Historic Low – is Bitcoin an Alternative
The Sri Lankan rupee has hit a historic low as it experiences a tremendous economic and political crisis. At the same time, bitcoin trading volume in the country has been going up. The Sri Lankan rupe...
Bitcoin (BTC) Falls Back Below $40,000 to Close Third Successive Bearish Week
On April 18, Bitcoin (BTC) fell below $40,000 for the first time this month. Short-term indicators are showing extremely oversold readings, suggesting that a significant rebound is near. This effectiv...
Mainland China Stock Market Falls, PBoC Leaves Interest Rates Unchanged
Mainland China stock market felt the impact of a renewed Covid outbreak in the region, while the central bank refrained from cutting interest rates. Mainland China stock market, as well as stocks in m...
XRP Hits 1-Week High, as NEAR Falls Again – Market Updates Bitcoin News
During what can be described as a choppy trading session, it was XRP which was one of the most notable gainers, climbing to a one-week high. While ripple rose, NEAR was once again lower, falling by as...
Dow Jones Falls; Twitter Reverses Amid Elon Musk ‘Circus,’ Tesla Stock Dives; Shipping Play Offers Entry
The Dow Jones Industrial Average fell late while the Nasdaq took a tumble. Twitter (TWTR) reversed, with an analyst saying now is the time to sell due to the Elon Musk takeover “circus.” T...
Litecoin Falls and Holds Above $100 as Buyers Emerge in Oversold Region
Apr 14, 2022 at 19:20 // Price Litecoin (LTC) price is in a downtrend as the price has regained the previous low. Long-term forecast of Litecoin price: bearish The cryptocurrenc...
XRP Falls After Creating Bearish Pattern: Multi Coin Analysis
Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including XRP, which is trading inside a long-term support area. BTC Bitcoin (BTC) has been moving upwards since A...
Bitcoin Price Falls Below $40,000 –
BTC Price at the time of writing – $40,310.99 The price fell 15% in the last 24 hours ETH Price at the time of writing – $3,053.25 Bitcoin fell 15% as of now, plunging underneath $40,000 interestingly...
Algorand (ALGO) Falls to Support of 430-Day Range
Algorand (ALGO) has been moving upwards since March 14 but has yet to break out from an important descending resistance line. ALGO has been falling since reaching an all-time high price of $2.99 on No...
WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday – Market Updates Bitcoin News
WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the p...
Bitcoin Cash Falls To $290 Low, While Altcoin Continues Sideways Movement
Apr 13, 2022 at 11:11 // Price The price of Bitcoin Cash (BCH) is in a sideways trend as the cryptocurrency fluctuates between $280 and $295. Bitcoin Cash price long-term analysis: fluctuation range &...
Cardano users ADA-pt to price falls with whales holding 46.6% of the supply
At the time of writing, the top 50 cryptos – with the exception of Monero [XMR] – turned red and market sentiments were in flux as Bitcoin slipped under $40,000 before recovering slightly once more. E...
Dow Jones Falls As Inflation Hits 40-Year High; This Warren Buffett Stock Spikes As Oil Jumps
The Dow Jones Industrial Average saw early gains fade as inflation hit a 40-year high. Energy plays such as Warren Buffett stock Occidental Petroleum (OXY) spiked higher as the cost of oil rose again....
Ripple Falls to $0.68 Low on Growing Base Strength
Apr 12, 2022 at 12:26 // Price The price of Ripple (XRP) is in a downtrend as the cryptocurrency has fallen to a low of $0.68. The current price decline has reached bearish exhaustion while bulls are ...
Bitcoin (BTC) RSI Falls to Its Lowest Level Since January
Bitcoin (BTC) has yet to show any clear reversal signs since its March 28 local top. However, indicator readings are oversold and BTC is trading at a confluence of Fibonacci and diagonal support level...
Dow Jones Falls; Twitter Drops As Elon Musk Reverses Decision To Join Board
The Dow Jones Industrial Average opened lower, while tech stocks bore the brunt of selling Monday morning. The 10-year Treasury yield continued to rise, on pace to extend a win streak to seven session...
Dow Falls 400 Points As 10-Year Treasury Yield Hits Highest Level Since January 2019
Topline Stocks fell on Monday as government bond yields surged—with the 10-year Treasury jumping above 2.7%, its highest level since January 2019—amid ongoing fears about inflation, with investors dum...