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ETHUSD set to notch up a second straight day of sharp gains Hopes of spot ether ETF trigger broad-based crypto rally But danger that upswing is becoming overstretched ETHUSD (ether) has charged through its 50-day simple average (SMA) to make a fresh bid for the March peak of 4,093.70, which was a more than two-year […]

The post ETHUSD Heads Towards 2024 Highs on ETF Approval Hopes appeared first on Action Forex.

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11/03/2024

Bitcoin’s New Highs and BNB’s Revival

Market picture Bitcoin’s record highs support the accelerated recovery of the crypto market. Its capitalisation reached $2.69 trillion (+1.6% in 24 hours), 10% below the record high of $2.97 trillion in November 2021. Extreme greed remains the driver of the crypto market, but major coins are getting the main influx of money. Bitcoin hit an […]
15/01/2024

Mixed Feelings

The US stock markets ended last week on a cautiously positive note. Friday’s producer price inflation came as a certain relief to inflation worries as the latest data showed an unexpected contraction in the monthly figure. The jump in oil prices, following the US and UK airstrikes in areas in Yemen controlled by the Houthis, […]
03/02/2024

Week Ahead – RBA Decision and US Data on the Menu

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