Dollar near multi-week lows before Fed, bitcoin reclaims $54,000

By Administrator_ India Capital Sands The dollar hovered near multi-week lows versus major peers on Tuesday, weighed by subdued Treasury yields, as investors consolidated positions ahead of the Federal Reserve’s policy decision this week. The safe-haven greenback was also out of favor after world stocks started the week hitting aRead More →

Bitcoin Finds Support at $50K as Long-Term Appears Intact

By Administrator_India Capital Sands Bitcoin tumbled 17% on Tuesday, sparking a sell-off across cryptocurrency markets as investors grew nervous at sky-high valuations and leveraged players took profit. The world’s biggest cryptocurrency suffered its biggest daily drop in a month, falling as low as $45,000. Bitcoin was last down 11.3% at 0939 GMT. The drop extended a slumpRead More →

Bitcoin

By Administrator_ India Capital Sands The total market value of cryptocurrencies surpassed $1 trillion for the first time Thursday amid a frenzied and volatile rally in Bitcoin to yet another record. Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows. StrategistsRead More →

Bitcoin

By Administrator_ India Capital Sands Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 for the first time in nearly three years. The world’s most popular cryptocurrency was last up 4.8% at $19,225, just shy of its all-time record of $19,666 hit in December 2017. Bitcoin has gained aroundRead More →