Crypto rally resumes, stocks trade flat ahead of pivotal CPI reading

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 57 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 127%
  • Publisher: 78%

Kitco News Nouvelles

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

“Bitcoin's surge past $72,000, a peak not seen since mid-March, signifies bullish momentum as we edge closer to the anticipated reward halving event,” said analysts at Secure Digital Markets. “This uptrend also positively influenced U.S. crypto-related stocks at the week's outset.” They also highlighted a $203 million inflow into Bitcoin ETFs as another bullish sign, noting that “While Grayscale experienced a rise in outflows reaching $198.9 million, Blackrock's inflows surged to $308.8 million. Notably, $IBIT and $FBTC have consistently attracted cash for 59 consecutive days, positioning them among the top 20 of all time.”

They identified $74,000 as the current resistance level for Bitcoin, while $67,500 is a major support. Altcoins benefited from Bitcoin’s move higher, with only 18 tokens in the top 200 recoding losses in trading on Monday.Neo led the gainers with an increase of 34.35%, while SafePal climbed 20%, and Nervos Network gained 18.9%. Bicomomy was the biggest loser, falling 16.2%, followed by a loss of 8.9% for cat in a dogs world , and a decline of 5.2% for Decred .

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Traders brush off CPI to buy stocks and crypto as Bitcoin consolidates below $72kThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »

Crypto SWOT: Many crypto companies are hiring again, as the digital asset space recoversThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »