Last weekend, Bitcoin collapsed to $17,590, marking the first time ever that the king of cryptocurrencies has fallen below its previous cycle’s high. Moreover, Bitcoin is challenging its historical records as it is trading below its 200-week simple moving average (SMA), which was essentially the bottom of all its previous bear markets. Although monetary tightening […]
The post Bitcoin Reclaims $20,000 after Weekend Bloodbath But Downside Risks Linger appeared first on Action Forex.
Oil is the bloodstream of the global economy, and right now that bloodstream has a clot somewhere in the Persian Gulf. Every cup of coffee, every Amazon delivery, every cross-country flight gets routed through a Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal For a lot of us, spending Read more…
The chip stock rally has been one of the most powerful moves in recent memory. The Philadelphia Semiconductor Index ran for 18 straight sessions before pulling back on April 28, its longest winning streak ever. Read more…