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JPMorgan Reveals Why Bitcoin Price Rally Is Missing Despite Weak Dollar
The weakness in the US dollar has failed to trigger a rally in Bitcoin price, while gold and other hard assets rise further. JPMorgan strategists claim the divergence stems from the short-term dollar’s decline due to sentiment and not monetary policy outlook. Dollar Weakness Driven by Short-Term Factors: JPMorgan The U.S. dollar index (DXY) dropped
The post JPMorgan Reveals Why Bitcoin Price Rally Is Missing Despite Weak Dollar appeared first on CoinGape.
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is the highest total...
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily...
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion)...
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber...
