The pullback erased most of Wednesday’s push toward $70,000 as hot producer-price data and a post-earnings Nvidia decline dragged risk assets lower heading into the weekend.
Bitcoin slides to $65,000 in weekend sell-off, with solana, XRP, dogecoin down 6%
The pullback erased most of Wednesday's push toward $70,000 as hot producer-price data and a post-earnings Nvidia decline dragged risk assets lower heading into the weekend.
Shares:
U.S. inflation data for November, expected to show a 3.1% increase in CPI, could influence Federal Reserve interest rate decisions.
Key bearish indicators recently trapped bears on the wrong side of the market in a pattern observed in August-September 2024.
The bank raised its its price target on the shares to $24 from $9.50.
What to know:DOGE rose 5.05% from $0.190 to $0.200 between July 15 05:00 and July 16 04:00, trading in a $0.011 range with 5.48% volatility.Volume spiked to 464.28 million during