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☆ Stock market today: US stocks fall ahead of Fed decision
▼ + stars: | 2024-05-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Markets are widely expecting the Fed to keep interest rates unchanged. The outlook for rate cuts this year continues to sour, with traders pricing in just one or two cuts by December. AdvertisementUS stocks were mostly lower on Wednesday as traders waited for the Federal Reserve to announce its next move on interest rates. Investors have also dialed back their outlook for rate cuts throughout the year. At Wednesday's meeting, market watchers expect Powell to formally confirm this shift from the FOMC, which had previously forecast three rate cuts this year," Alex Kuptsikevich, a senior market analyst at FxPro said in a note.

Persons: Stocks, —, Richard Flynn, Charles Schwab, Powell, Alex Kuptsikevich, FxPro Organizations: Service, Federal Reserve, Open Markets, Traders

☆ The majority of altcoins launched since 2020 are dead, but bitcoin's latest rally could spark a revival
▼ + stars: | 2024-03-10 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

72% of crypto projects have died since 2020, a report from Alphaquest and Storible said. On Friday, crypto market capitalization hit a record high of $2.58 trillion. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Since 2020, 72% of crypto projects have died, according to a report published by Alphaquest and Storible. On Friday, the crypto market hit a new record, with capitalization reaching $2.58 trillion, Kuptsikevich wrote in a market update.

Persons: Storible, —, Alphaquest, FTX's, bitcoin, Geoff Kendrick, Alexander Kuptsikevich, Liquid Investments Seth Ginns, Kuptsikevich, Kendrick Organizations: Service, Standard, BTC, Business, CoinFund, Liquid Investments Locations: Alphaquest, altcoins

☆ Oil prices head for a 4th monthly loss in a row, as traders keep worrying about the Fed's war on inflation
▼ + stars: | 2023-02-28 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Crude oil prices are on track to end February lower, for their fourth monthly loss in a row. But many analysts expect prices to rise again in March as Russia slashes its oil output. Higher interest rates in the US weigh on oil prices because they curb consumer demand and drag on economic activity. But many analysts expect oil prices to rally again once Russia starts cutting its production levels. Moscow said earlier in February that it plans to cut its oil output by 500,000 barrels a day in March, as Ukraine sanctions hit its ability to find willing buyers.

☆ Курс биткоина впервые превысил $20 000
▼ + stars: | 2020-12-17 | by ( Super User | ) mybusiness.md time to read: +1 min

Курс самой популярной криптовалюты - биткоина - вчера впервые в истории преодолел отметку в 20 тысяч долларов, следует из данных платформы Coindesk. По данным портала, к 17.15 мск курс биткоина на максимуме добирался до отметки 20 811,46 доллара США. Курс биткоина практически непрерывно растет с октября, тогда криптовалюта стоила около 10 тысяч долларов. В 2017 году, на пике интереса к криптовалютам и инвестирования в них, курс биткоина добирался до 19 783 долларов. Движущая сила роста биткоина - спрос институциональных инвесторов, пояснял ранее ведущий аналитик FxPro Александр Купцикевич.

Persons: Александр Купцикевич Locations: США

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