Key highlights: Bank of America is still predicting a 78% upside for Nvidia shares The stock is currently trading at about 18x forward earnings, its lowest valuation in seven years BofA said the market is underestimating the company’s pricing power The potential end of the AI boom has been a major talking point in the […]
Category: News
By Jordan Lyanchev Although it has rebounded by $5,000 since its July 1 low at under $58,000, bitcoin remains in a highly pressured market structure that has halted each major breakout attempt. There are good reasons for that, of course, as multiple factors have aligned to keep it suppressed. Here are five of them. Macro […]
By Jordan Lyanchev Bitcoin’s relatively minor volatility sessions continued in the past 24 hours as the asset dipped below $62,000 again before it rebounded by over a grand, only to be halted again. Most larger-cap alts have remained sluggish on a daily scale, with ETH fighting for $1,750, while XRP is battling the $1.10 level. […]