Whether crypto prices continue to correlate regularly with stocks, particularly from the tech sector, is an ongoing debate; BTC and ETH fall, but meme coins DOGE and SHIB continue their recent rally on Tuesday. TheSamReynolds and JPRubin23 report
Ten-year Treasury yield daily close: 2.82%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atMost major cryptos were on the defensive for a second consecutive day, with bitcoin and ether both trading slightly lower from respective two-plus-month highs they reached less than 48 hours ago.
"The recent crypto rebound has hit a wall as retail traders continue to lick their wounds and institutions respect key technical levels," Edward Moya, senior market analyst for foreign exchange Oanda, wrote in an email."Bitcoin can’t yet break above the $25,000 level, but it seems to be maintaining a bullish trajectory here."
"The upcoming merge has led to elevated trading activity for ETH, especially in the options market, where the open interest surpassed BTC’s for the first time in history," Arcane Research noted in a newsletter.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philips parts ways with CEO in midst of massive recallPhilips CEO Frans van Houten will stand down amid a massive product recall that has halved its market value over the past year. The company said van Houten would be replaced in October by Roy Jakobs, who heads its Connected Care businesses
Read more »
Walmart CEO: Inflation lures more higher-income shoppersWalmart CEO Doug McMillon told investors during the company's earnings call Tuesday that inflation is drawing higher-income shoppers into the retailer.
Read more »
Pablo Vegas, a utility executive in Ohio, named ERCOT’s new CEOThe board of Texas' main power grid operator, ERCOT, announced the hiring of new CEO Pablo Vegas on Tuesday.
Read more »
Pablo Vegas, a utility executive in Ohio, named ERCOT’s new CEOThe state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter storm that crashed much of the grid.
Read more »
Pfizer CEO Albert Bourla tests positive for CovidBourla, 60, said he had started a course of the company’s oral Covid-19 antiviral treatment, Paxlovid, and was isolating and following all public health precautions.
Read more »
WeWork's former CEO has a new startup, reportedly valued at more than $1 billionNearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup.
Read more »