Bitcoin’s price declined on Wednesday as investors assessed the implications of weaker U.S. manufacturing data and anticipated key labor market reports that could influence the Federal Reserve’s upcoming interest rate decision. Investor sentiment was dampened by the latest results from the Institute for Supply Management (ISM), which showed a decline …
Read More »NFP Report Expectations and Their Impact on Fed Decisions | Noor Capital Insights | Al Arabiya Channel, 09/03/2024
Interviewed by Al Arabiya Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, Mohammed Hashad shed light on the most important developments and market movements, especially the American stock market, which is achieving remarkable gains. Host: For more on global markets, we’re …
Read More »Solana Declines Amid Surging US Dollar
Solana cryptocurrency has faced downward pressure due to a strengthening US dollar. The greenback has been buoyed by positive economic data released over the past week and anticipation of the highly anticipated monthly employment report, due out next Friday. The US dollar has been on an upward trajectory since the …
Read More »Bitcoin Gains Ground as Investors Anticipate Key Economic Data
Bitcoin’s price saw a notable increase on Tuesday, recovering from previous declines as investors awaited significant economic data this week. By 04:37 ET (08:37 GMT), Bitcoin had risen by 2.5% to $58,999.7, following relatively low trading volumes on Monday due to the U.S. Labor Day holiday. The world’s largest cryptocurrency …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – September 02, 2024
Interviewed by Dubai TV, Chief Market Strategist at Noor Capital, Mohammed Hashad shed light on the most important developments and market movements, especially the American stock market, which is achieving remarkable gains. US Stock Market Regarding the reasons behind the recovery of the American market, Hashad pointed out that the …
Read More »Bitcoin Slides Amid Caution Over U.S. Inflation Data, Nursing August Losses
Bitcoin prices fell slightly on Thursday as markets remained cautious ahead of a key U.S. inflation reading that could influence the outlook for interest rate cuts. The cryptocurrency is set to end August with significant losses, driven by a broader risk-off sentiment that has affected financial markets. Bitcoin Struggles in …
Read More »Bitcoin Steadies Amid Market Jitters as Traders Eye Key Economic Data
Bitcoin’s price stabilized on Thursday after experiencing sharp declines earlier in the week. The world’s largest cryptocurrency remained in a narrow trading range as investors awaited critical economic data that could influence the Federal Reserve’s next interest rate decision. Bitcoin Holds Steady After Recent Declines After falling sharply on Tuesday …
Read More »Bitcoin Drops as Geopolitical Tensions and Market Uncertainty Weigh on Sentiment
Bitcoin’s price slipped on Tuesday, losing momentum after a weekend rally as escalating geopolitical tensions and anticipation of key economic cues dampened risk appetite. The world’s largest cryptocurrency fell 1.4% to $3,106.6 by 01:10 ET (05:10 GMT), following a broader decline in global stock markets. Geopolitical Concerns and Market Reactions …
Read More »Bitcoin Dips as Weekend Rally Fizzles, But Rate Cut Optimism Supports Market
Bitcoin’s price experienced a slight decline on Monday, as a weekend rally lost momentum. Despite this pullback, optimism over potential interest rate cuts has kept the cryptocurrency near a one-month high. Bitcoin’s Performance:The price of Bitcoin fell 0.3% to $63,952.7 by 01:59 ET (05:59 GMT).The cryptocurrency had surged over the …
Read More »Bitcoin Price Rises Amid Rate Cut Bets, but Mt Gox Concerns and Recession Fears Loom
Bitcoin prices edged higher on Thursday, benefiting from a broader rally in risk-driven markets as traders increasingly bet on a September interest rate cut by the Federal Reserve. However, gains were limited by concerns over potential new token distributions from the defunct crypto exchange Mt Gox, which kept the cryptocurrency …
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