According to market intelligence firm Santiment, Bitcoin is trailing both gold and the S&P 500 after a sharp pullback in November. Gold has climbed 9% since early November, the S&P 500 is up 1%, and Bitcoin is down about 20%, trading near $88,000 as of Wednesday. Based on reports, that gap has left crypto quieter…
Tag: stocks
Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?
US President Donald Trump on Friday voiced support for a Senate measure that would let the US impose tariffs of up to 500% on imports from nations still buying Russian energy. “It would be okay with me,” he said. Based on reports, the proposal names oil, natural gas, petroleum products and uranium as covered goods…
Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst
According to Walker, host of The Bitcoin Podcast, Bitcoin’s share of the world’s wealth is still tiny. It sits at about $2 trillion in market value. That’s just 0.2% of roughly $1 quadrillion held across all assets. For many investors, that number brings a sense of how early this market really is. Yet, it also…
Bitcoin Stays Resilient While Wall Street Stumbles – Details
Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined. The digital currency broke through $104,000 by May 12. Traditional markets such as the S&P 500 were in the red simultaneously. Based on market data, Bitcoin’s resilience has stood out in the face of sell-offs and tariff negotiations. Bitcoin…