Price Analysis
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Central Banks Raise Rates With Fed Driving Global Inflation Battle
On Thursday, a number of global central banks raised their respective interest rates once more, following the US Federal Reserve which did so on Wednesday. This marks a global fight […]
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Bank Of England Raises Rates Despite Likely Recession
On Thursday, the Bank of England pushed up its key interest rate from 1.75% to 2.25% and stated that it would not hesitate in being forceful, if necessary, in order […]
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Fed Delivers Another Major Hike And Vows To Continu
On Wednesday, the chairman of the US Federal Reserve, Jerome Powell vowed that he, along with the other policymakers, would continue their fight against inflation. The US central bank delivered […]
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Sweden Hikes Interest Rate By A Full Percentage Point
On Tuesday, the central bank of Sweden delivered an interest rate hike, which turned out to be larger than expected. It pushed up its interest rate to 1.75%, making it […]
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European Shares Close Lower for the Month amidst High Inflation
On Wednesday, European shares declined, which saw them close lower for the month, as data showed that inflation in the euro zone in August touched another record high. Meanwhile, energy […]
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Power Shortage Concerns Take a Toll on Chinese Yuan’s Value
On Wednesday’s forex trading session, the trading value of the Chinese yuan ended up a deeper fall. Although China has to deal with many internal crises, it is the shortage […]
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Bitcoin’s Value Plunging by $1.5k Causes Overall Crypto Market Valuation by $100 Million
The daily scale for the overall cryptocurrency market shows that the liquidations have skyrocketed. The entire cryptocurrency market has experienced a great plummet ever since the market has experienced a […]
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Highest Inflation Reported in EU Causes Bitcoin Price to Rise Over $23.5K
On August 18, the trading price of Bitcoin experienced a significant surge. The trading price of Bitcoin (BTC) recorded another small level rally that helped pushed the trading price of […]
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Weekend Trading has Produced Classic Volatility Pushing Bitcoin Price over $25k
It was for the first time in months that the trading price of Bitcoin was able to through the $25,000 barrier. The price graph shows Bitcoin’s value rose above the […]
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As Production Ramps, Stocks for Bitcoin Mining Companies Get Doubled
The stock prices for cryptocurrency mining companies have experienced huge gains in the past month. According to reports, the stock prices for these companies have more than doubled in the […]