Bitcoin jumps 6%, verges on $70,000 to start the week

Bitcoin jumps 6%, verges on ,000 to start the week

Nicolas Economou | Nurphoto | Getty Images Bitcoin spiked to start the final week of March, reclaiming the $69,000 level. The price of the flagship cryptocurrency was last higher by about 6% at $69,778.60, according to Coin Metrics. Ether jumped 5% to $3,575.01. Most other cryptocurrencies rode the bitcoin wave, …

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Stock futures slip ahead of shortened trading week: Live updates

Stock futures slip ahead of shortened trading week: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on March 20, 2024 in New York City.  Spencer Platt | Getty Images Stock futures were slightly lower Monday morning ahead of March’s last—and shortened—trading week. Futures tied to the Dow Jones Industrial Average edged lower by 63 …

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Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says

Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says

“There remains considerable optimism in the market over the prospect for prices rising significantly by year-end, with a significant component of that optimism arising from a view that bitcoin demand via spot exchange-traded funds (ETFs) would continue at the same pace even as the supply of bitcoin diminishes after the …

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Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How

Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How

The futures term structure is usually upward sloping, as contracts with a more extended expiry time trade at a premium to short-duration ones. That said, when the spread becomes too large, it’s a good indicator of speculative sentiment, according to Griffin Ardern, head of options trading and research at crypto …

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