cryptocurrencies
TradingDollar Notches Weekly Gain as Traders Reassess Rate Cut Expectations
TradingDollar Rallies as Fed’s Powell Nixes Rate Cut Bets
TradingBitcoin Rises Above $90,000 on Trump Euphoria
TradingEuropean Shares, Dollar Higher; Bitcoin Above $91K
Dollar Rises on Trump Tariff Hopes, Bitcoin Retreats After Rally
Date: November 12, 2024
By Chibuike Oguh and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose to a near five-month high against major peers on Tuesday, buoyed by expectations of inflationary import tariffs from Republican President-elect Donald Trump, while bitcoin pared gains from a record rally. Bitcoin dropped from a new all-time peak of $89,982 and was...
Cryptocurrency Data Provider Kaiko Acquires Vinter, Eyes European Crypto Etp Growth
Date: November 12, 2024
By Lisa Pauline Mattackal (Reuters) – Cryptocurrency data provider Kaiko said on Tuesday it is acquiring European crypto index provider Vinter in a bet on growth in the European digital asset market. The deal comes as some analysts expect significant growth in the European crypto ETP market, which remains significantly smaller than the U.S. “It’s...
Stocks Slip, Bitcoin Nears $90,000 as ‘Trump Trade’ Whipsaws Markets
Date: November 12, 2024
By Amanda Cooper LONDON (Reuters) – Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump’s policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration. Investors have been funnelling cash into assets they think will get a boost from...
Dollar Roars With Bitcoin as Trump Trades Shine; Euro and Yuan Slump
Date: November 12, 2024
By Kevin Buckland and Harry Robertson TOKYO/LONDON (Reuters) -The U.S. dollar rose to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The euro languished at a seven-month trough and the yuan slumped to...
Record-Breaking Bitcoin Surges Towards $90,000 on Trump Boost
Date: November 12, 2024
By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) -Bitcoin rallied to the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly. The world’s biggest cryptocurrency has become one of the most eye-catching movers in the week since...
Stocks Slip, Bitcoin Nears $90,000 as ‘Trump Trade’ Whipsaws Markets
Date: November 12, 2024
By Amanda Cooper LONDON (Reuters) – Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump’s policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration. Investors have been funnelling cash into assets they think will get a boost from...