Avila Sebastian

1 week ago | rttnews.com | Avila Sebastian

Cryptocurrencies surged ahead and Bitcoin touched a high of $104,297 in the past 24 hours amidst strong hopes of an easing in trade-related tensions between the U.S. and its major trading partners. Crypto market capitalization touched high of $3.29 trillion before retreating to its current level of $3.28 trillion, implying overnight gains of around 6 percent. The rise in market capitalization was accompanied by a 75-percent jump in the 24-hour trading volume to $208 billion.

1 week ago | rttnews.com | Avila Sebastian

Optimism about potential trade deals between the U.S. and its trading partners significantly improved market sentiment. The U.S.-U.K. trade deal as well as strong trade data from China also bolstered sentiment. Positive updates to corporate earnings also supported markets. Wall Street Futures are trading above the flatline. Major markets in Europe are trading on a positive note. Asian markets finished trading on a mostly positive note. The six-currency Dollar Index declined.

1 week ago | rttnews.com | Avila Sebastian

Cryptocurrencies rallied strongly in the past 24 hours amidst rising optimism of a trade deal between the U.S. and China. The U.S.-U.K. trade deal supported sentiment. Bitcoin touched a high of $99,882 in the past 24 hours. Overall crypto market capitalization has jumped 3 percent overnight to $3.1 trillion. The 24-hour trading volume has also increased 48 percent to $119 billion. Bitcoin jumped 2.4 percent overnight to trade at $99,611. The current price is 9 percent below the all-time high.

1 week ago | rttnews.com | Avila Sebastian

Market sentiment remains mixed in the aftermath of the pause by the Fed and the concerns about economic uncertainty it raised. Optimism surrounding the trade deal between the U.S. and the U.K. and the looming trade talks with China however boosted sentiment. Positive updates to corporate earnings also supported markets. Wall Street Futures are trading with mild gains.

1 week ago | rttnews.com | Avila Sebastian

Cryptocurrencies rallied in the past 24 hours as renewed hopes of a trade deal between the U.S. and China eclipsed fears of a hawkish Fed. Overall crypto market capitalization increased 2.8 percent while Bitcoin rallied to a high of $97,626 in the past 24 hours. China's Vice Premier He Lifeng is expected to hold talks with U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer in Switzerland on Saturday.