
Bitcoin Hits 15-Month High Despite Sell-Off in Global Stocks
Bitcoin's (BTC) price has climbed to 15-month highs even as coronavirus-induced instability rocks the stock markets.
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Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high.
Cosmos (ATOM)
Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token broke out of a key price point.
Following a low of $11.98 on Wednesday, ATOM/USD rose by nearly $2.00 in today’s session, hitting a high of $13.92 in the process.
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Dogecoin moved to a three-month high on Tuesday, as prices of the token were up by over 15%. Today’s move comes despite crypto markets mainly falling, with the global market cap 0.21% lower as of writing. Monero was also up, hitting a multi-month high in the process.
Dogecoin (DOGE)
Less than 24 hours after shiba inu neared a fresh three-month high, its fellow meme coin dogecoin (DOGE), also hit a twelve-week peak.
The token surged to an intraday peak of $0.08848 in today’s session, which comes after yesterday’s low of $0.07571.
This....
Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day.
EOS
EOS was one of Wednesday’s biggest movers, as prices of the token climbed by as much as 20%.
Today’s gains come three days after EOS began to accept registrations for its upcoming Yield+ incentive program.
The program, which is essentially a....
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing.
Bitcoin
Bitcoin (BTC) was up for a second successive session to start the week, with prices moving closer to a key resistance level.
Following a low of $23,024.80 on Sunday, BTC/USD rallied to an intraday peak of $24,153.34 earlier in today’s session.
As a....
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their watch,” he said.
JPMorgan Strategist’s Recommendations
JPMorgan Asset Management’s chief global strategist, David Kelly, has some advice about what investors who are worried about a hawkish Federal Reserve should invest in.
Following the....