Bitcoin experienced a 4.1% decline in the past 24 hours, falling to $59,278.00. However, this drop comes after a week of positive momentum, where the cryptocurrency gained 1.0% from $59,518.13. This article explores the recent price movements and volatility of Bitcoin, along with its trading volume and circulating supply.
The upcoming US presidential election is expected to bring heightened volatility to the stock market. While economic data has driven a recent rebound, political uncertainty looms large. This article explores how AI-powered trading tools, like VantagePoint, can help investors make informed decisions and potentially profit from the market swings.
Bitcoin’s price has been fluctuating within a narrow range, leaving traders wondering when the next significant move will occur. However, key indicators suggest that further downside risk might be limited. Analyst Doctor Profit believes the market is poised for an uptrend despite recent short liquidations, indicating a shift towards a healthier state. Other analysts anticipate volatility within a specific range, with a decisive breakout needed for significant price movement.
Cryptocurrency markets are experiencing a surge in prices, with Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu all seeing gains. While traders remain optimistic about a potential upward trend, analysts are cautious due to the market’s volatility and recent downturns. The influence of Bitcoin as an institutional asset class is expected to be discussed at Benzinga’s upcoming Future of Digital Assets event.
Cboe Global Markets is launching options on VIX futures, providing a new way for investors to manage volatility in the stock market. The new options are expected to complement existing VIX Index options, offering a wider range of expiration dates and allowing for more granular hedging strategies.
The recent correction in the Indian stock market, with Nifty 50 declining over 3%, has raised concerns among experts. Deepak Shenoy, founder of Capital Mind, sees the sharp correction as a sign of an impending doomsday, while Shankar Sharma, an ace investor, attributes it to overcapitalization driven by the greed of merchant bankers and operators. The ongoing Lok Sabha elections, muted Q4 earnings, and outflow of foreign capital have also contributed to the market volatility.
Indian stock markets witnessed a significant sell-off today, with both the Sensex and Nifty 50 indices falling sharply. The market’s losses were broad-based, with all major sectoral indices, except Nifty FMCG, closing in the red. Nifty Metal was the worst performer, plummeting by 2.7 percent. The benchmark Sensex index dropped over 500 points to close at 73,367.39, while the Nifty 50 index lost 178 points to settle at 22,264.50. The market’s volatility also spiked, with the Nifty Volatility Index rising to its highest level since January 2023, indicating heightened uncertainty among investors.
Domestic equity benchmarks Sensex and Nifty 50 extended their gains for the third straight session on Thursday, boosted by gains in telecom, tech, and consumer durable stocks. The volatility index, India VIX, declined significantly, indicating a reduction in market volatility and a more stable market outlook. Sensex closed 90 points higher, while Nifty 50 gained 32 points.
Despite strong comments from Japanese officials, the USD/JPY currency pair remains relatively unchanged, hovering around 154.70 levels. While Japanese bond yields are rising, they are not significantly impacting USD/JPY. Buyers are exercising caution until a key trigger emerges. This week could potentially bring significant volatility if such a trigger materializes.
Canada’s TSX Composite Index rebounded from early losses on Monday, following a positive day in U.S. stock markets. The recovery was attributed to reduced concerns over tensions between Israel and Iran. The volatility index eased below 17, indicating a shift towards a more risk-tolerant trading day.
