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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Bitcoin price edged up 1% in the last 24 hours to trade at $99,215 as of 02:42 a.m. EST on trading volume that surged 12% to $113.7 billion. This comes after Bitcoin hit a new all-time high of $99,486, with technical indicators showing a possible continuation of the rally to cross the $100,000 mark. Despite the rally, MicroStrategy Inc shares (MSTR) tumbled 15% to $397 after Citron Research said that it’s betting against the software company because it is overvalued. Bitcoin Price To Sustain Its Current Upward Trend The Bitcoin price has been on a sustained uptrend, with higher lows and higher highs resembling the climbing of a mountain. According to data from GeckoTerminal , the support levels around $60,000 and $70,000 have allowed the price of Bitcoin to trend within the rising channel pattern. BTC now trades well above the 50-day and 200-day Simple Moving Averages (SMAs), supporting the bullish outlook of the price. The 50-day SMA crossed above the 200-day SMA around ...

Inflationary pressures have once again come under the spotlight as the U.S. released its latest Producer Price Index (PPI) data on October 11, 2024, for the month of September. According to the latest data from the Labor Department , the PPI remained flat on a month-over-month basis, defying expectations of a 0.1% increase. However, on a year-over-year basis, PPI rose by 1.8%, slightly exceeding the forecast of 1.6%. Similarly, the U.S. Consumer Price Index (CPI) data showed that inflation remains sticky. On a monthly basis, CPI came in at 0.2%, the same as in August and July. Year-over-year inflation cooled slightly to 2.4%, down from 2.5% in August, but above the market expectation of 2.3%. Picks for you Chinese stocks register big losses as China’s stimulus cools down 3 hours ago ...