Express News | Bloomberg: Bitcoin has seen its first weekly decline since Trump's victory, and the Options market starts to hedge downward.
B.Riley Financial Maintains Bitdeer Technologies(BTDR.US) With Buy Rating, Raises Target Price to $24
U.S. stock market early session | The three major Indexes opened lower and then rose, with the S&P and Dow Jones turning positive first, Broadcom rebounding over 2%; Quantum Computing concept stocks made a comeback, with Rigetti up nearly 28% and QUBT ris
On the evening of the 20th in Peking time, the largest ever "Triple Witching Day" is approaching, with Options worth 6.6 trillion USD about to expire. The year-on-year increase of the USA's November PCE Index is 2.4%, lower than expected. The government shutdown crisis in the USA has resurfaced.
Bitcoin has fallen below 0.1 million dollars, analysts suggest it may drop to 0.09 million dollars in the short term.
Due to the Federal Reserve's cautious stance on interest rate decreases, Bitcoin's price dropped below $0.1 million this Thursday, dragging down the performance of speculative Assets.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
B. Riley Adjusts Bitdeer Technologies Group's Price Target to $24 From $15, Keeps Buy Rating
Aave Price Forecast: Poised for Double-digit Correction as Holders Book Profit
0.1 million dollars is not the end! Will Bitcoin push up to 0.2 million dollars next year?
Bitcoin has had a historic year, rising 135.7% since the beginning of 2024, successfully breaking through the $100,000 mark. However, analysts believe this is not the end, as the crypto is expected to maintain this momentum in 2025.
Bitcoin To Continue Upward Trend Despite Uncertainty In US Crypto Policy
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
Shares of Stocks in the Broader Software Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Express News | Federal Reserve Chairman Powell: The Federal Reserve is not allowed to own Bitcoin and does not wish to change the law.
Bitcoin 2025 Outlook: Will the Cryptocurrency's Meteoric Rise Continue to $200K?
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Bitdeer Technologies Analyst Ratings
U.S. stocks fluctuate | Cryptos concept stocks decline as Bitcoin plummets in the short term.
In terms of news, Bitcoin quickly plunged over $2000, turning to decline within the day.
US Stock Market Outlook | Higher than expected! USA retail sales data hits a new high since September, with the declines in the three major futures contracts narrowing; Tesla continues to rise nearly 2% in pre-market trading and is set to hit a new histor
The Quantum Computing concept stocks are seeing an expanded pre-market increase, with Quantum rising over 17%; Pfizer is up nearly 3% in pre-market trading! Revenue is expected to reach 61 billion to 64 billion dollars by 2025.
Roth MKM Maintains Bitdeer Technologies(BTDR.US) With Buy Rating, Raises Target Price to $29
Buy Rating on Bitdeer Technologies Driven by AI Expansion, SEALMINER Traction, and Market Growth Prospects