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Market Turmoil Following Trump's Election Win: A Bloodbath Across Currencies, Tech, Bonds, and Banks
Market Turmoil Following Trump's Election Win: A Bloodbath Across Currencies, Tech, Bonds, and BanksNovember saw the election of former US President Donald Trump, and his so-called "Trump trade" bearish for assets impacted by tariffs, such as European exporters and the Mexican peso, while boosting flows into US equities and the dollar was initially validated. However, December may bring volatility as the "Trump trade" is vulnerable to a bond market rebound, while tariffs could fuel inflation and disrupt supply chains...
Blockchain 2024-11-30 09:57:43 -
Bitcoin and Ether Soar in November: CME Futures Data Reveals Strong Crypto Market Momentum
Bitcoin and Ether Soar in November: CME Futures Data Reveals Strong Crypto Market MomentumThe cryptocurrency market experienced robust growth in November, with Bitcoin and Ether recording significant gains. Data from the Chicago Mercantile Exchange (CME) highlights the impressive performance of Bitcoin futures...
Blockchain 2024-11-30 08:20:43 -
Bitcoin Soars After Trump's Election Win: A New Bull Run Above $98,000?
Bitcoin Soars After Trump's Election Win: A New Bull Run Above $98,000?Following the announcement of the US presidential election results, Bitcoin's price surged, hitting multiple all-time highs and making November the cryptocurrency's best-performing month of the year. According to CoinMetrics, Bitcoin saw a 38% increase in November, its strongest monthly performance since February, when it jumped 45% following the launch of a spot ETF and surpassed its high from November 2021 for the first time...
Blockchain 2024-11-30 08:07:27 -
The Trump Effect: Bitcoin Nears $100,000 as ETF Inflows Hit Record Highs
The Trump Effect: Bitcoin Nears $100,000 as ETF Inflows Hit Record HighsFueled by incoming President Donald Trump's positive stance towards the crypto industry, Bitcoin surged to record highs, nearing the $100,000 mark, while simultaneously driving record-breaking inflows into US Bitcoin exchange-traded funds (ETFs). This event not only highlights the volatility of the cryptocurrency market but also reflects investor anticipation of changes in the future regulatory landscape...
Blockchain 2024-11-29 15:35:10 -
Record Inflows into US Bitcoin ETFs, Trump Effect Pushes Bitcoin Near $100,000
Record Inflows into US Bitcoin ETFs, Trump Effect Pushes Bitcoin Near $100,000Monthly net inflows into over a dozen US Bitcoin exchange-traded funds (ETFs) are nearing record levels, closely linked to President-elect Trump's pro-crypto stance and Bitcoin's approach to the $100,000 mark. Data shows that Bitcoin ETFs issued by firms like BlackRock and Fidelity have attracted as much as $6...
Blockchain 2024-11-29 15:30:06 -
Renault's Electric Vehicle Push in China: Navigating Market Slump, Seeking Cost Advantages and Technological Breakthroughs
Renault's Electric Vehicle Push in China: Navigating Market Slump, Seeking Cost Advantages and Technological BreakthroughsFrench automaker Renault is actively addressing the weakening global demand for electric vehicles (EVs), shifting its strategic focus to expanding its EV business in China to achieve breakthroughs in technology, cost, and production efficiency. This strategic move comes as several automakers, including Stellantis, Volkswagen, and BMW, issue profit warnings primarily attributed to sluggish EV demand, supply chain issues, and declining sales in the Chinese market...
Industry dynamics 2024-11-29 11:14:48 -
OPPO Find X8 Ultra: A Flagship Imaging Experience Reaching the Summit
OPPO Find X8 Ultra: A Flagship Imaging Experience Reaching the SummitThe OPPO Find X8 Ultra, codenamed "Mount Everest," is poised to revolutionize the high-end smartphone market. This highly anticipated flagship has been the subject of numerous leaks, gradually unveiling its features...
Mobile Internet 2024-11-28 19:57:14 -
Total Halts New York Offshore Wind Project Following Trump's Election: A Four-Year Wait and a Shift in US Energy Policy
Total Halts New York Offshore Wind Project Following Trump's Election: A Four-Year Wait and a Shift in US Energy PolicyOn November 28th, French oil giant Total announced it was shelving plans to build an offshore wind farm off the coast of New York. This move was a direct response to the incoming Trump administration and its anticipated energy policy...
Industry dynamics 2024-11-28 14:38:58 -
Huawei Mate70 Series: The Most Powerful Mate Ever, Built with Brilliant Titanium Xuanwu Architecture for Reliability and Luxury
Huawei Mate70 Series: The Most Powerful Mate Ever, Built with Brilliant Titanium Xuanwu Architecture for Reliability and LuxuryOfficially launched on November 26th at a brand event, the Huawei Mate70 series is hailed as the "most powerful Mate ever." It boasts completely self-developed technology, from chip to system to hardware, completely overcoming the previous "chip and soul shortage" and becoming a true example of complete self-reliance...
Mobile Internet 2024-11-28 13:11:48 -
Trump's Re-election Sparks Cryptocurrency Market Frenzy: The End of a Feast or a New Beginning?
Trump's Re-election Sparks Cryptocurrency Market Frenzy: The End of a Feast or a New Beginning?Wang Yinggui, a special contributor to the 21st Century Business Herald, recently conducted an in-depth analysis of the volatile cryptocurrency market, exploring the future trajectory of this market boom. From the significant price increases of major cryptocurrencies like Bitcoin and Ethereum, to the surge in Tethers popularity, and the impact of shifting US political landscapes, the article comprehensively dissects the current complexities of the cryptocurrency market and predicts future trends...
Blockchain 2024-11-28 12:48:32 -
Ethereum Price Plunges Below $3600
Ethereum Price Plunges Below $3600Ethereum's price experienced a downturn today, hitting a low of $3600 per coin and registering a daily drop of 1.49%...
Blockchain 2024-11-28 11:34:13 -
2024 World Consumer Electronics Expo: Focusing on AI-Driven Innovation in the Consumer Electronics Industry
2024 World Consumer Electronics Expo: Focusing on AI-Driven Innovation in the Consumer Electronics IndustryFrom November 28th to 30th, 2024, the highly anticipated 2024 World Consumer Electronics Expo (CEE) will be held at the Shenzhen Convention & Exhibition Center. Under the theme of "Intelligent Creation for the Future, Connecting the World," the expo will focus on four major consumer electronics sectors: smart ecosystems, smart living, smart terminals, and smart mobility...
Mobile Internet 2024-11-28 08:11:56
