🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

US Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for Crypto

US Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for Crypto

Bitcoin price started Friday, October 1, at $84,000. Then, disappointing US jobs data and falling Fed rate-hike odds triggered a bullish rally for BTC, taking the token near $87,000.However, Bitcoin now ends the day at the same price it started, adding and losing $50 billion in a single day. So, wha…

Weak Sentiment In Global Markets

Weak Sentiment In Global Markets

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Global markets are trading on a lackluster note on Wednesday amidst a mild decline in crude oil prices supported by hopes for progress in U.S.-Iran diplomacy. Market spotlight is also on the highly anticipated Trump-Xi summit in Washington that is expected to cov…

Bitcoin Pulls Back Below $86,000 — Market Talk

Bitcoin Pulls Back Below $86,000 — Market Talk

2159 ET - Bitcoin pulls back in Asia's morning session, dropping below $86,000 but staying around its highest levels since January. A broad retreat in global bond yields improved the backdrop for risk assets, but the scope for further declines may be limited, says Konstantinos Chrysikos at Kudo.com.…

Bitcoin Bulls Are Pricing In An Iran Ceasefire That Hasn't Happened Yet

Bitcoin Bulls Are Pricing In An Iran Ceasefire That Hasn't Happened Yet

Crypto analysts were positioning for a relief rally over the weekend on the view that the Iran war was finally winding down and oil prices would fall with it, but the diplomatic track pointed the other way.Iran had held off on strikes, and the US hadn’t attacked for days, with Brent dropping 10% to …