Bitcoin edged lower on Monday, marking its third consecutive day of decline, as stronger-than-expected U.S. payroll data heightened caution among traders. This reinforced the Federal Reserve’s outlook for limited interest rate cuts in 2025, adding to pressure on the cryptocurrency market. Bitcoin slipped 0.3% to $94,268.7 by 01:12 ET (06:12 …
Read More »Weekly Recap: US Jobs data slams Wallstreet shares amid earnings anticipation
Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …
Read More »Bitcoin Stumbles as Job Growth Dampens Rate Cut Hopes
Bitcoin experienced a sharp decline on January 10th as unexpectedly strong US job market data diminished expectations of imminent interest rate cuts by the Federal Reserve. This news dampened investor enthusiasm for risk assets, including cryptocurrencies, as the prospect of tighter monetary policy loomed.The robust employment figures, exceeding market forecasts, …
Read More »Bitcoin Extends Losses Amid Rate Concerns, Wiping Out Recent Gains
Bitcoin continued its downward trajectory on Wednesday, erasing the entirety of its recent rebound as concerns over slower-than-expected interest rate cuts in 2025 rattled risk-driven assets. After briefly surpassing the $100,000 mark during a recovery from a late-December slump, the world’s largest cryptocurrency saw sharp losses on Tuesday and Wednesday. …
Read More »Dogecoin Traders Bet Big as Macron Targets Musk
Dogecoin (DOGE) prices remain subdued, trading below $0.40 despite recent bullish momentum. This consolidation follows accusations leveled against Elon Musk by French President Emmanuel Macron regarding alleged interference in German elections. While Musk’s influence on the cryptocurrency market, particularly Dogecoin, is undeniable, traders appear undeterred. On Tuesday, the coin lost …
Read More »Bitcoin Breaks Six Figures Amid Renewed Optimism and MicroStrategy Buying Spree
Bitcoin extended its rally on Tuesday, re-entering six-digit territory after recovering from a year-end slump. The cryptocurrency gained momentum from both institutional buying and anticipation surrounding President-elect Donald Trump’s upcoming policies. Bitcoin Performance Price as of 01:02 ET (06:02 GMT): $101,711.6 Daily Increase: 2.1%, briefly surpassing $102,000 earlier in the …
Read More »Noor Capital | Interview with Mohammed Hashad on CNBC – Jan 06, 2025
In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on and analysed key assets’ performance in the financial markets. Q: The year 2024 was remarkable for U.S. indices, with the Dow …
Read More »Bitcoin Rises for the Seventh Session Amid Investor Optimism and Regulatory Uncertainty
Bitcoin extended its rally on Monday, marking a seventh consecutive session of gains. The cryptocurrency has been recovering from its year-end slump as investors cautiously monitor the regulatory landscape ahead of President-elect Donald Trump’s inauguration later this month. Key Price Movements Bitcoin: Gained 1.1%, trading at $99,513.7 by 01:35 ET …
Read More »Financial Markets Weekly Brief: A Look at Major Currencies, Commodities, and Bitcoin
This analysis provides a concise overview of key financial instruments including the US dollar (USD), Euro (EUR), Yen (JPY), Pound Sterling (GBP), gold, crude oil, and Bitcoin, along with economic factors influencing their performance. The dollar’s trading range was between 107.96 on Monday, and 108.99 on Friday, with a significant …
Read More »Bitcoin: A Geopolitical Asset Reshaping the Global Monetary Order
In 2025, bitcoin has transcended its status as a niche investment to become a pivotal geopolitical asset. Governments and central banks worldwide, from the United States to Switzerland, are actively discussing its role in national reserves. This shift signifies bitcoin’s emergence as a formidable challenger to traditional reserve assets like …
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