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 […]
Tag: US
Key highlights: SPCX is set to become a component of the Nasdaq-100 index There are concerns that the move could trigger a stock price decline for SPCX SPCX is ineligible to join the S&P 500 after a rule change failed to pass Investors brace for SpaceX’s entry into the Nasdaq 100 SpaceX will join the […]
Key highlights: US-based bitcoin spot ETFs have raked in $221 million worth of inflows in a single day Fidelity’s FBTC led the inflows while BlackRock’s IBIT recorded losses Bitcoin has surged above the $60,000 mark, buoyed by positive US macroeconomic data and capital flight from tech stocks Bitcoin spot ETFs have ended a 10-day losing […]