//@Hopehope:Bitcoin hardly moves today after testing below 35,000 Usd and is back to higher range of 35,000 usd at around 35,800 usd now. dogecoin at low end of the range and fell below 29 us cents and is slightly below that...
19 June 2021: My updated thoughts on Bitcoin and Cryptocurrencies
Bitcoin had rallied past 40,000 USD after Elon Musk tweeted that Telsa will accept Bitcoin again after it showed that the Bitcoin mining has used more than 50% renewable energy to do mining. However, over the last few days, Bitcoin did not cross over 40,000 USD and at this present moment, Bitcoin is around 35,000 USD. Againthere , I usually saw Bitcoin experiencing weakness over the weekend so it wouldnt be a surprise that Bitcoin would rebound back to around 38,000 USD... But as always, is this a sign to buy Bitcoin when it hits back above 38,000 USD? My view is that I would not buy Bitcoin at this present level. Being the market leader in cryptocurrency, it is likely to impact on other cryptocurrencies. Tesla nevertheless, was slightly stronger at 1.2% up by close of market yesterda
S&P 500 dips, as healthcare weighs; Dow ends higher
The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec