traders

Long Bitcoin bottom, or watch and wait?  Bitcoin Traders Plan Their Next Move

Long Bitcoin bottom, or watch and wait? Bitcoin Traders Plan Their Next Move

Bitcoin (BTC) faced a 9% correction in the early hours of September 19 as the price traded at $18,270. Even though the price quickly rebounded above $19,000, this level was the lowest price seen in three months. However, professional traders held their ground and were not inclined to take the loss as measured by derivative …

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US stocks and bond prices rise as traders assess rate outlook

US stocks and bond prices rise as traders assess rate outlook

U.S. stocks ended their recent losing streak on Wednesday as government bond prices rose despite fresh warnings of sharp interest rate hikes. The tech-heavy Nasdaq Composite index jumped 2.1 cents for its first daily gain of the month, and the broader S&P 500 index rose 1.8%. In bond markets, the yield on the benchmark 10-year …

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