Three tech stocks – Broadcom (AVGO), Bitdeer Technologies (BTDR), and SoundHound AI (SOUN) – are showing signs of being overbought, based on their Relative Strength Index (RSI) values. This signals potential short-term risk for investors focused on momentum trading. Learn about each company’s recent performance and RSI values.
Results for: Bitdeer Technologies
US-listed Bitcoin miners experienced a blockbuster November, with their aggregate market cap soaring 52% to $36.2 billion, significantly outperforming Bitcoin’s own price increase. This surge was driven by Bitcoin’s record highs and the strong performance of companies with significant Bitcoin holdings, highlighting the sector’s potential and the challenges posed by the upcoming halving.