U.Today – market cap dominance has reached 54.5, according to data provided by TradingView. This marks the highest value in this metric for Bitcoin since July 2021. A coin dominance is a ratio of its market cap to the cumulative market cap of cryptocurrencies. It is calculated by dividing theContinue Reading
FactoryTh BMI (a unit of Fitch Solutions) increased its 2024 copper price forecast from $9,200/tonne to $9,600/tonne, as prices continue to be led by investor sentiment that is tilted towards a rate cut by the U.S. Federal Reserve in the third quarter. Copper has pulled back since surging to aContinue Reading
Investing.com – EOS was trading at $0.5038 by 19:37 (23:37 GMT) on the Investing.com Index on Thursday, down 10.10% on the day. It was the largest one-day percentage loss since April 13. The move downwards pushed EOS’s market cap down to $765.9048M, or 0.04% of the total cryptocurrency market cap.Continue Reading
Investing.com – Cardano was trading at $0.3658 by 19:39 (23:39 GMT) on the Investing.com Index on Thursday, down 10.10% on the day. It was the largest one-day percentage loss since July 4. The move downwards pushed Cardano’s market cap down to $13.2704B, or 0.63% of the total cryptocurrency market cap.Continue Reading
U.Today – Amid an ongoing sell-off on the cryptocurrency market, Michael Saylor, a prominent advocate and chairman of MicroStrategy, has made a statement on X (Twitter) that resonated across the crypto space: “Just Bitcoin.” This two-word tweet comes as the crypto market faces significant liquidations, with Bitcoin’s price falling. Bitcoin,Continue Reading
After a mixed Q2 earnings report and hike in its quarterly dividend, shares of Levi Strauss (NYSE:LEVI) continue to lose ground and are now looking at a record-setting drop in the stock, cutting through supports at its 50- and 100-day moving averages like a hot knife through butter. The 17%Continue Reading
da-kuk/E+ via Getty Images London (UKX) +0.55% Germany (DAX:IND) +0.85% The GfK Consumer Climate Indicator for Germany dropped to -21.8 heading into July 2024. France (CAC:IND) +0.41% The consumer confidence indicator in France fell to 89 in June 2024. The pan-European Stoxx 600 (STOXX) moved 0.61% higher, bouncing back fromContinue Reading
P_Wei/E+ via Getty Images The major market averages were mixed on Tuesday, a day after a selloff in the technology sector dragged Nasdaq to its worst day in about two months. Early on and the Nasdaq Composite (COMP:IND) was +0.5%, the S&P 500 (SP500) was +0.2%, and the Dow (DJI)Continue Reading
