Bitcoin Price Dips Below $9,000 as Global Stocks Slump

Bitcoin price teetered on the brink of $9,000, breaking down along with global stock prices. Analysts believe the Friday slump across markets is a response to the still uncertain trade deal between the US and China. Stock Market Gloom May…

Ripple (XRP) Skates Market Slump with 27% Surge in 3-Day Rally

The price of XRP, the native cryptocurrency of Ripple’s blockchain network, has increased by 27% in 3 days. The rally of XRP comes during a period in which most major cryptocurrencies have been struggling against the U.S. dollar amidst a…

‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are…

Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020

As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by…

After Dow Slump, Recession Fears Rise With Dwindling Trade Deal Hope

The Dow futures are in the red following the response of China towards new sanctions imposed by the U.S., fueling fears of a possible recession. | Source: Shutterstock The Dow futures are in the red once again following the response…

John McAfee Wants You to ‘GET A GRIP!’ About Bitcoin Price Slump

John McAfee has some compelling advice if you’re feeling nervy over bitcoin volatility. | Source: REUTERS/Alexandre Meneghini/File Photo By CCN Markets: John McAfee hasn’t been talking about cryptocurrency very much lately, preferring to focus on his political agenda heading into…

Litecoin Price Slump Rewards Bold Traders With ‘Maximum Opportunity’

The Litecoin price crashed to ‘bedrock’ support against Bitcoin this month. One trader says it now offers ‘maximum financial opportunity.’ | Source: Shutterstock By CCN Markets: Litecoin’s recent halving was unfortunately met by intense selling against Bitcoin. The downward pressure…

Dow Defies Market Slump But Ticking Time Bomb Could Spoil the Rally

The Dow outperformed the broader U.S. stock market on Monday, as a handful of industrial and technology blue-chips rose sharply on better than expected earnings. However, Goldman Sachs is the latest Wall Street bank to warn that the current bull…

Stock Futures Slump As DOJ Beefs Up Its Big Tech Antitrust Probe

The stock market enjoyed a powerful rally Tuesday on renewed hopes of a trade deal between China and the United States. But that optimism gave way to a fresh round of selling after the stock market closed. That’s because, as…

Bitcoin Price Slump Flashes ‘Buy’ Signal in Sub-$10,000 Crash

Bitcoin price continued its plunge below $10,000 on Wednesday, touching $9,274 on Coinbase. The fall marks a 32 percent pullback from the year’s high. For many analysts, the move below $10k is a bearish sign with further drops on the…