Shares of Crypto-related Stocks Are Trading Lower Amid a Drop in Bitcoin.
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Currency Victory Group: The Federal Reserve's interest rate cut causes Bitcoin and Ethereum to decline, and the market must reassess the cryptocurrency market bubble.
Coin Winning Group: The Federal Reserve's interest rate cut caused Bitcoin and Ethereum to decline, and the market must reassess the crypto market bubble.
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250,000 people were liquidated. A single statement from Powell caused a crash, and Bitcoin fell below $100,000. Is a massive crash still on the way?
Early this morning, Powell stated that the Federal Reserve has no intention of participating in any plans for the government to amass large amounts of Cryptos. In addition, the Federal Reserve's meeting lowered the interest rate cut expectations for next year, which affected the significant drop in Cryptos.
Hut 8 Joins $1 Billion Bitcoin Reserve Club With $100 Million BTC Purchase
Musk bets on Trump for the harvest season, Tesla's stock price has soared; how can the current surge be understood?
Barclays believes that the rise of Tesla and Bitcoin is driven by a similar logic: both are fueled by investors "crazy buying into the story," which has become disconnected from the fundamentals. Additionally, the frenzied Bid for Call Options after the election has also pushed up Tesla's stock price to some extent.
ReAlpha Plans To Allocate Up To 25% Of Excess Cash To Cryptocurrency Purchases And To Adopt Bitcoin, Ethereum And Solana