Markets surged on good earnings and easing by China. Will the momentum continue? Scott McCormick joins Merlin for a look at what Bonds, Equities, Commodities & Currencies have to say about our markets. The duo looks at earnings season and answer some questions about how to trade earnings and news related events.
Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.
Bitcoin upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash and Bittensor, indicating a positive short-term turnaround.
Cryptocurrency prices are broadly rising on Monday, with Bitcoin reclaiming support above $64,000. Ethereum holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple is back above $1.13 after testing the $1.12 support level.
Bitcoin trades around $64,000 at the time of writing on Monday after declining nearly 4% in the previous week. BTC investors remain cautious despite signs of progress in the first round of US-Iran peace talks in Switzerland.
