Bitcoin falls 5.69% to $58,987 By Reuters

Bitcoin falls 5.69% to $58,987
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Bitcoin falls 5.69% to $58,987
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AUD/JPY was seen trading around the 92.80 zone ahead of the Asian session, pulling back after two consecutive days of gains. Despite the decline, the pair remains above the 92.00 threshold, with technical indicators still in negative territory. Sideways trading could persist above 92.00 as the market awaits fresh momentum, with resistance at 93.50 and…
Hello fellow traders. As many of you know, we’ve had many profitable trading setups recently, some of which we’ve shared in previous blogs and on StockTwits and Twitter. In this technical article, we’re going to present something a bit different—an Elliott Wave setup that almost hit our entry point, missing it by just 0.67 points….
US President Trump reignited risk-on sentiment across global markets on 8 May, coinciding with the announcement of a US–UK trade deal framework. During a White House press Q&A, he hinted at the possibility of lowering China tariffs if upcoming trade talks in Switzerland go well. He added, “You better go out and buy stock now,”…
Everyone has a different trading journey and story to tell. The Finance Magnates London Summit (FMLS:24) drew plenty of big names and specialists, including Rajwinder Dhanda last November. Rajwinder Dhanda is the Founder of Dhanda the Great, who checked in with Finance Magnates during FMLS:24 to tell his personal story and success. Having left his…
Oil and gas prices shoot up, upending rate cut bets as inflation fears return. Stocks tumble amid surging bond yields and stagflation risks. Markets increasingly price in a prolonged Iran conflict. Did Trump just shoot himself and the US economy in the foot? Back to the 1970s It’s only been a few years since Russia’s…
Key takeaways USD/JPY reversed from its recent high of 153.28, falling 2.2% as bullish U.S. dollar momentum faded. Political uncertainty in Japan weakened the “Takaichi Trade,” reducing bets on extended monetary easing. The 10-year U.S.-Japan sovereign yield spread broke below key 2.47% support, signalling further downside pressure. Technical indicators point to a short-term bearish setup,…