The price of Bitcoin and other major cryptocurrencies gained after a surprisingly weak U.S. nonfarm payrolls report led investors to scale back expectations for further Federal Reserve interest rate hikes.
Cardano (ADA) experienced its most significant one-day percentage increase since late February, rallying over 10% and pushing its market capitalization above $6.3 billion amid a broader crypto market upswing.
Multi-asset broker Vantage has introduced XAUUSD247, an over-the-counter gold CFD that allows eligible clients to trade the precious metal around the clock, including on weekends.
Analysts at Bernstein note that Bitcoin's current 54% drawdown from its peak is significantly shallower than previous cycles, suggesting a more mature market despite recent price weakness and shifting institutional flows.
The leading cryptocurrency gained nearly 2% as comments from U.S. President Trump signaled a potential de-escalation with Iran, causing oil prices to fall and improving investor sentiment.
The world's largest cryptocurrency gained nearly 2% on Thursday, supported by a fall in oil prices and improved investor sentiment after U.S. President Trump indicated a potential de-escalation with Iran.
The world's largest cryptocurrency recovered alongside a rally in technology stocks, shaking off earlier losses from geopolitical tensions. The move puts Bitcoin on track for a weekly gain of over 2% amid improving risk appetite.
Investment bank Jefferies reports a sharp divergence in European energy stocks since the Iran conflict began, highlighting several large-cap and oilfield service companies as undervalued.
China has suspended helium exports to safeguard its domestic supply, a move that could tighten the global market for the gas, which is critical for semiconductor manufacturing. The decision comes as renewed geopolitical tensions in the Middle East threaten key global producers.
