Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

MARKET WRAP: Bitcoin $BTC was roughly flat on Monday, compared with a 26% pump in $DOGE. Will markets stabilize? Here are some key metrics.

Performance across cryptocurrencies were mixed on Monday as investors braced for additional market risk.China’s latest COVID-19 outbreak

Typically, investors reduce their exposure to speculative assets, such as stocks and cryptos, when faced with high uncertainty. So far this year, the S&P 500 is down about 12%, compared with a 17% decline in bitcoin . Meanwhile, gold, a traditional safe haven asset, is up 3% over the same period, albeit down 8% from its recent peak in March.newsletter explaining what happens in crypto markets – and why.

Meanwhile, dogecoin rose by as much as 26% on Monday after Twitter accepted a takeover bid from Tesla's CEO Elon Musk.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bitcoin facing a sudden fall in the market doesn’t mean anytime, now isn’t the time to panic sell but to buy the dip, HODL and Whig the ride. While we wait for the market recover and get better, it’s important to follow experts like Candicestewartt to get daily BTC analysis.

x-metaverse is a 3d star wars game based on nft+ blockchain exploration, mining,trading and battle. it allows players to collect,mine,breed,synthesize,battle, and trade token-based astronauts and battleships,called x-metaverse.xmetaverse_ also has its own twitter account.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Electric Car Market Reaches 26% Plugin Market Share In MarchICE IS MELTING — China Edition Plugin vehicles are all the rage in the Chinese auto market. Even with Covid-related lockdowns happening in some major cities, plugins scored 458,000 registrations, up 118% year over year
Source: cleantechnica - 🏆 565. / 51 Read more »

Coca-Cola is a stable safe haven in a rough marketWith lots of worries out there — inflation, Covid, interest rates, Ukraine, stock volatility — consumers are willing to pay a premium when seeking comfort in the form of sweet treats like Coca-Cola. And investors are seeking a safe haven in the company's stock. 👏 👏 💯 👌 👍 CNN and Coca-Cola both WOKE. I'll stick with Pepsi. Not I see ya
Source: cnni - 🏆 326. / 59 Read more »

Bitcoin Struggles Below $40K as Sentiment Returns to Extreme Fear (Market Watch)The Bitcoin fear and greed index has gone back to a state of 'extreme fear' as BTC stands below $40,000.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

The Oil Market After The WarThe most important thing is that transients are temporary and many factors will revert to pre-crisis behavior at some point here are my naked photos We can no longer depend on Russia and China. They will seek to destroy the world of tomorrow.
Source: Forbes - 🏆 394. / 53 Read more »