Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices
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NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market – Markets and Prices Bitcoin News
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]
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Peter Schiff Explains Why Gold's Price Is Rising — Warns Bitcoin Is a 'Gigantic Bubble' – Markets and Prices Bitcoin News
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]
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Bitwise: Bitcoin Halving Is a 'Sell the News' Event, Market Underestimates Long-Term Impact – Markets and Prices Bitcoin News
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]