The Bitcoin-Dollar pair plummeted 6.1% in the last session. The Stochastic indicator is giving a negative signal.
BTC/USD plummeted 6.1% in the last session.
The Stochastic indicator is currently in the negative zone.
Support: 551731 | Resistance: 627191
A surge in the yen to a seven-month high led a broad dollar fall, as a slew of economic data last week raised the prospect of a U.S. economic downturn and bigger interest rate cuts from the Federal Reserve. The dollar index was down to its weakest since January 12.
The last session saw the Dollar drop 0.9% against the Yen. According to the Stochastic-RSI, we are in an oversold market.
The last session saw USD drop 0.9% against JPY.
The Stochastic-RSI is signalling an oversold market.
Support: 144.4833 | Resistance: 147.1833
Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its dividend and slashed its workforce to fund a costly turnaround after losing its once-dominant global position. The company lost more than $30 billion in market value
The volume of transactions on the XRP Ledger fell significantly from the first quarter to the second quarter of 2024, with the average transaction cost surging, according to Ripple’s Q2 Markets Report. XRPL onchain transaction activity declined by 65.6% .
The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours.
Boeing named aerospace industry veteran Kelly Ortberg as its CEO to turn around the struggling planemaker after a quarter where it lost more than $1 billion. Ortberg will start on Aug. 8 with the monumental task of rebuilding trust with regulators, the industry and the public during a quality crisis
