News - Page 8

Crypto Turmoil: Could a Market Meltdown Spark a New Beginning?

Crypto Turmoil: Could a Market Meltdown Spark a New Beginning?

A significant storm has hit the cryptocurrency market, echoing shifts similar to Trump’s tariff policies, with bitcoin dropping below $77,000—a 10% fall from its recent high. Nearly $1.3 trillion has been wiped from the crypto market since January, impacting major digital currencies
7 April 2025
The Trade Tussle Shaking the Electric Vehicle Empire

The Trade Tussle Shaking the Electric Vehicle Empire

The US imposed new 34% tariffs on Chinese imports, escalating to a total of 54%, prompting a similar Chinese retaliatory tariff. The move has significantly impacted the electric vehicle sector; stocks like BYD, Nio, Xpeng, and Li Auto saw steep declines of
7 April 2025
Is Bitcoin’s Stamina Fading Amid Rising Economic Tensions?

Is Bitcoin’s Stamina Fading Amid Rising Economic Tensions?

Bitcoin hovers around $82,870, close yet distant from the crucial $85,344 resistance line, testing traders’ nerves. The mid-40s RSI reflects Bitcoin’s vulnerability, at risk of falling to $78,000 or even $72,000 amid global trade tensions. Dogecoin struggles at $0.14, facing resistance and
7 April 2025
The Hurdles in Tesla’s Race: Challenges Beyond the Fast Lane

The Hurdles in Tesla’s Race: Challenges Beyond the Fast Lane

Tesla’s stock dropped over 35% due to lower-than-expected vehicle deliveries, with less than 337,000 units in Q1, marking a 13% year-over-year decline. Rising competition, especially from China’s BYD, impacts Tesla’s dominance with more affordable and faster-charging EVs. Elon Musk’s involvement in politics
6 April 2025
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