Logo-color Logo-white

Market Picture The crypto market has grown by 2.6% in the last 24 hours, reaching a new record of $3.56 trillion. Altcoins are still driving the growth, but this time, the momentum comes from different players. Among the top performers over the past day were Tron (+67%) and BNB (+18%). The Altcoin Season Index reached […]

The post New Altcoin Leaders Emerge as Bitcoin Stalls Below $100K appeared first on Action Forex.

previous

Aussie Tumbles to 4-Month Low After Soft GDP

next

EUR/USD Hugs 1.0500 Ahead of French No-Confidence Vote, Breakout Incoming?

Read More

19/07/2024

ECB Meeting Non-Event from Market Point of View

Markets The ECB kept its policy rates unchanged yesterday with President Lagarde saying that the outcome of the September meeting is “wide open”. The only sure thing is that they’ll lower the spread between the deposit rate and the main refinancing rate from currently 50 bps to 15 bps, as announced in March. Apart from […]
12/12/2024

Could ECB Up the Ante With a 50bps Rate Cut?

ECB will meet on Thursday; markets expect a 25bps rate cut Doves are likely to push for a more aggressive rate cut President Lagarde’s negotiating skills will be put to the test The euro could suffer from a 50bps cut; muted impact likely from a smaller move ECB will meet on Thursday The ECB will […]
02/12/2024

Bitcoin Eases But Overall Picture Remains Bullish Above 90K and Keeps 100K Target in Focus

Bitcoin price fell 2.6% in Asian / European trading on Monday, after the dollar received fresh boost from the latest comments from Donald Trump. Although today’s dip was the biggest in one week, the price so far stays above significant 95K support (psychological / floor of congestion that extends into fifth consecutive day) keeping near-term […]