CoinDesk 2025-04-28 19:57:36

Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions

Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, exchange coins and stablecoins — was roughly flat over the same time frame. Crypto stocks like Coinbase (COIN), Strategy (MSTR) and the miners were losing modest ground after big gains last week. Notable exceptions included Janover (JNVR) and DeFi Technologies (DFTF), ahead 24% and 6.5%, respectively even as SOL — the token which both companies are aggressively accumulating — fell about 3% during the U.S. day. Meanwhile, gold rose almost 1% and the dollar index fell 0.6%. The S&P 500 and Nasdaq each peaked into the green late in the session after earlier dipping more than 1%. The Dallas Fed Manufacturing Index, a typically little-noticed economic data point, plunged to -35.8 from -16.3 last month — much worse than analysts’ expectations of a -14.1 print and the worst performance since COVID upended the world economy. “Pretty horrible Dallas Fed Manufacturing Survey. Level hits the lowest since May 2020,” Joe Weisenthal, co-host of the Odd Lots podcast, posted on X. “All the comments are about tariffs and policy uncertainty. Add it to the list of bad soft/survey data.” Hostilities between India and Pakistan might also have added to market jitters, with Pakistani Defense Minister Khawaja Muhammad Asif claiming that an Indian military incursion into Pakistan was imminent. Last week 26 people were killed in a terrorist attack in Pahalgam, a popular tourist destination in Indian-controlled Kashmir. The two countries have exchanged fire since.

Meist gelesene Nachrichten

Is Ethereum the Next Major Crypto Opportunity...
2025-04-29
Coinbase Launches Bitcoin Yield Fund Targetin...
2025-04-29
BONK’s Open Interest Surges Amid Market Recov...
2025-04-29
BONK price gains 60% in a week as Solana meme...
2025-04-29
ProShares Sparks Confusion Over XRP ETF Launc...
2025-04-29
Trader Says Rallies for Dogecoin Rival Just G...
2025-04-29
Bitcoin Short-Term Balances Surge – Relief Ra...
2025-04-29
Solana Could Dominate Markets Next Month, Say...
2025-04-29

https://www.digistore24.com/redir/325658/ceobig/

Ähnliche Neuigkeiten

Ethereum’s Fusaka Hard Fork Upgrade Set for Late 2...
29 Apr 2025
Trader gets jailed in a $47-million case flagged b...
29 Apr 2025
Ethereum Staking Protocol Ether.fi Launches $40 Mi...
29 Apr 2025
From Booze to Barbells: Exercise May Offset Risks...
29 Apr 2025
How the U.S. is Shaping the Future of Bitcoin with...
29 Apr 2025
FTX Takes Legal Action Against NFT Stars and KUROS...
29 Apr 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen