CandleFocus US stock markets are crashing as Bitcoin breaks $108k
2024-12-18
Author: Content Editor
The U.S. stock markets are experiencing a record-breaking losing streak, with the S&P 500 dropping for 12 straight days and the Dow Jones limping into a nine-day losing streak. Tech stocks are defying the trend and making gains. The Federal Reserve's two-day meeting is anticipated to result in a rate cut, but opinions are split. Bitcoin is outshining the chaos on Wall Street, hitting highs of $108,315 before settling at $106,400. President Donald Trump is backing Bitcoin-friendly policies and MicroStrategy is set to join the Nasdaq 100 Index. Traders on the Deribit options exchange are confident in Bitcoin's momentum. Analysts predict favorable conditions for Bitcoin to continue climbing through the holiday season. The traditional market is unsure whether a Santa Rally will occur. For now, Bitcoin is dominating the scene.
Related News
'The Window to Accumulate Bitcoin Is Rapidly Closing': Samson Mow Warns Experienced Analyst Revised His Altcoin Portfolio! He Listed the Altcoins He Will Sell and the Altcoins He Is Considering Buying Instead! 'Rich Dad Poor Dad' Author Predicts Bitcoin to Hit $350,000 Next Year Analytics Firm Announces Its Predictions for Today's FED Interest Rate Decision and Bitcoin (BTC): Up or Down? Is Altcoin Season Over? Index Cautions Crypto Market Selloff Ahead $200 Million ADA Sell-Off Fuels Fears of Cardano Price Falling Below $1 Hong Kong pushes forward with stablecoin bill in legislative council Shiba Inu Price Finds Support At Key Level: Will SHIB Rebound? From 3 Billion XRP to 300 Million: Is XRP Losing Steam? Crypto whale turns $3.46M into $1.83M, takes big hit after PENGU airdrop CrossFi Partners with DecentralGPT to Drive Next-Gen Decentralized AI and Blockchain Solutions Ethereum Risks Breakdown to $3,378 as Bears Threaten $3,800 Support Custody Firm Taurus Partners With Temenos Bringing Crypto Wallets to Thousands of Banks RWA-Focused Network Plume Raises $20M from Brevan Howard and Others Ahead of Mainnet Launch Binance Abruptly Deletes Alpha Watchlist Tokens, Spurring Unforeseen Pump and Dump Blur Token Unlock Sparks Volatility as BLUR Price Drops 10% Is Cardano Price Undervalued? Analyst Reveals ADA Target IOTA News: Arnold Schwarzenegger Shows Interest in IOTA as Rebased Welcomes 3 New Validator Nodes Key strategies on how to make DePIN mainstream | Opinion Dogecoin Price Forecast As 5.8 Billion DOGE Wakes Up XRP Whales Snap Up $2 Billion in 3 Days: Breakout or Bull Trap? India Blockchain Alliance partners with RAK DAO to advance India’s web 3 innovation The Italian government changes its mind: no 42% crypto taxation Craig Wright skips UK court hearing, COPA wants him in prison Dogecoin Uptrend Set to Resume? Here’s Why Analysts Think So HarryPotterObamaSonic10Inu 2.0 (BITCOIN) slides after a series of sandwich attacks WazirX (WRX) Crashes 50% On Binance Delisting And Fresh Probe Binance Announces Top Five Altcoins Selected for Its New Platform, Prices Soared! Binance BNB Faces $700 Support Test, Bears Threaten $684 Low Litecoin Price Tests $130 Amid Bearish Market Signals Synthetix Exchange Restarts, Launching Multi-Collateral Perpetuals on Base zkSwap Integrates V3 AMM and StableSwap on KyberSwap Bitcoin Price Prediction – BTC Price Estimated to Reach $ 112,633 By Dec 23, 2024 Analyst Says It’s Time for New Ethereum All-Time High, Sees Bitcoin Going ‘Full Santa Claus Mode’ Bitcoin (BTC) Falls to $103K After Hitting Record High of $108K Texas man sentenced in $4M Bitcoin in U.S first crypto tax evasion case Bitwise CIO Matt Hougan Says Bitcoin Will Hit $500,000 if US Reserve Bill Passes Bitcoin Lightning Fintech ZBD Approved to Receive EU MiCA License by Dutch Regulator NFTs Are Making a Comeback as Trading Volumes Surge: Galaxy Research PENGU Climbs Higher, Leaving ACT and PNUT in Recovery Mode—What’s Next? Ethereum (ETH) Bulls Eye Another Shot at $4K Coinbase slammed for linking WBTC delisting to Justin Sun 669,053,714 Transactions, Shibarium Set for New Milestone Crypto Markets Shed $140 Billion as Bitcoin (BTC) Dumps by $4K After Latest Peak (Market Watch) Bank stocks and not Bitcoin are the top play for 2025 – Wall Street MiCA-compliant stablecoins dominate European market — Kaiko Charles Hoskinson urges Cardano Foundation to leave Switzerland for community-driven governance JUST IN! Binance Unstoppable: Another New Altcoin Listed, Price Soared! BlackRock Rules Bitcoin and Ethereum ETF Game With Historic $860 Million Spike How Might Trump’s US Bitcoin Reserve Influence BTC Price to Hit $1M? Castle Island Founder Issues Bold $900K Bitcoin Forecast, Says BTC Will Match Gold Market Cap Why Gen Z Treats Bitcoin Like Air Fryers - And Why It's Terryfing Magic Eden Staking Explained: A Complete Guide Bitcoin Drops Below $104K: Is a $100K Retest Imminent? Harnessing Market Trends: Tactical ETF Investing in Hong Kong He Yi: Binance Alpha Doesn't Ensure Listing on Binance Trader Sells 10,000 XRP Worth $27,100 for 100 RLUSD, Losing $27,000 Binance Announced That It Listed Two Altcoins in Spot Trading Today, After Listing Them in Futures Trading Yesterday! Here Are The Listed Altcoins Should president Trump ban US Congress members from crypto trading just like with stocks? Market Volatility Hits ENA: Whale Accumulates Despite 9% Drop Former South Korean lawmaker gets 6-months in jail for lying about cryptocurrency assets Pudgy Penguins (PENGU) Extends Post-Airdrop Price Crash By 33% as Selloffs Intensify OKX web3 launched an official Dune dashboard for DEX Toncoin Collapses And Threatens To Fall To $4.50 Low Solana 2025 Price Prediction as SOL Struggles to Surge: Will it Bring a Breakthrough? Aave Surges Past $300: What’s Driving the DeFi Giant’s Comeback? Binance Global User Survey: 45% Joined Crypto in 2024 PDX Global schedules live beta test for rapid crypto-to-cash payment platform on Dec. 19 Arthur Hayes predicts crypto will see 'harrowing dump' around Trump's inauguration These Two Bitcoin Miners from Wall Street Secure Major Financing as BTC Hits $108K BIO Protocol Expands to Solana: What This Means for DeSci Is the Recent Decline in TRX a Buying Opportunity? Ethereum spot ETF net inflow reaches $145m Bitcoin Exchange Binance Continues to Delister! Announced that 3 More Altcoins Have Been Delisted! Here Are Those Altcoins Bitcoin (BTC) Dips Below $104K Ahead of Fed's Rate Decision Here’s When and How Bitcoin Gets to $13M, According to Michael Saylor Shiba Inu (SHIB) 23% Plunge in 10 Days: What's Happening? Here is How High XRP Can Reach By January 1, 2025 Analyst Says XRP Holders Will Be the Richest People You Know: Here’s Why Panther Protocol and PureFi Unite to Revolutionize DeFi with Privacy and Compliance Cardano Whales Taking Profit At $1.15 to $1.33 While Buying the Dip: Here is How Much ADA They Bought Recently Bitcoin Exchange Binance Announces Delisting 5 Altcoin Trading Pairs from Spot Trading! Here Are the Details JPMorgan Head warns Trump tariffs could reawaken 1970 stagflation; Here’s why Will South Korea Punish Crypto Tax Evaders? Kim Nam-guk’s Trial Sets a Precedent US stock markets are crashing as Bitcoin breaks $108k ? Ripple USD (RLUSD) Is ‘Game-Changer’, SWIFT Veteran Says Bitcoin Reserve Executive Order out after Trump meets crypto.com CEO Marszalek How to buy a car with Bitcoin (BTC) in 2025 Uniswap Price Rally: Can UNI Double Again in the Coming Weeks? This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner Bitcoin Takes a Breather After Doji Candle in a Cautious Pre-Fed De-Risking Bitcoin Price Corrects, Yet Support Zones Keep Bulls in Play Analyst Who Correctly Predicted The Fantom Breakout Above $1 Reveals What’s Next In The Parabolic Trend Hex Trust Releases HT Markets MENA, Unveiling Fiat On/Off-Ramp Operations in Dubai Ripple investors book $1.5 billion in profits after RLUSD launch, XRP struggles near $2.58 resistance Is MKR on The Verge of a Crash? Whale Dumps 2,561 Maker Tokens at Binance Ethereum Price Falls Short Above $4,000: Will Bulls Try Again? Analyst Sets Conditions for XRP to Hit $8, Notes XRP Levels to Watch on Monthly, Weekly and Daily Timeframes ASIC Sues Binance Australia Derivatives For Consumer Protection Failure Why Bitcoin Price Is Going Down Today? Bitcoin funding rate signals no signs of ‘late-cycle overheating’ — Analyst Fed expected to make third rate cut today—here’s what to expect Pudgy Penguins (PENGU) Token Glitch Fixed By Binance With Airdrop Surprise Polygon Co-Founder Slams Aave Leadership as ‘Monopolistic’ OneKey hardware wallet integrates support for Neo X, Neo to facilitate giveaway campaign Solana Price Eyes Breakout to $300 As Bitwise Solana Staking ETP Goes Live Crypto.com Partners with Accor to Enable Seamless Crypto-to-Travel Rewards Conversion China May Be On the Verge of Ending Its Bitcoin Ban Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover Metaplanet tips first operating profit in 7 years, boosted by Bitcoin Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details Why Bitwise Strategist Juan Leon Calls Ethereum ($ETH) ‘The Comeback Kid of 2025’ The Risks of Overbuilding Crypto Infrastructure New Binance Listings See ACT Lead with 2247% Surge Google unveils ‘Willow’; Bernstein downplays quantum threat to Bitcoin Seized Bitcoin Triples in Value, Helping Fraud Victims Recover Losses Bitcoin Enters Path to $200,000 ATHs as Analysts Mark Two Bullish Indicators on the BTC Price Chart Analyst Predicts XRP W Pattern to Push XRP to $35 Deutsche Bank develops solution to address blockchain regulatory challenges Phishing scammers spoof Ledger’s email to send bogus data breach notice Crypto Prices Today December 18: BTC Drops Below $106K, PENGU Soars by 550%, BGB Up by 17% Pressure Mounts on Gensler to Release IG Report as New Letter Exposes XRP’s Unfair Treatment and Ethereum’s Free Pass 1 in 5 US voters traded, invested in or used crypto, says new poll Bitcoin, Ethereum combo fund to lead ‘wave’ of crypto ETFs in 2025: Analysts XRP Price Prediction For December 18 Bitcoin Analyst Says $102K Support Holds Key to Avoid Liquidity Crash Gutting Satoshi — How Bitcoin can be taxed at 110% in Japan Coinbase reveals 18% YoY drop in law enforcement requests Will Chainlink Price Defy Overhead Supply? Whale Support Hints at 30% Rally Bitcoin blasts past $108,000 – Is $210,000 next? Institutions think so Bitcoin rally hinges on spot market activity as derivatives slow down Bitcoin Soars to $108K Before Dropping Below $107K Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC Solana Price Rally to $300 Faces Headwinds Amid Whale's Multi-Million Cashout ? Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic Reserve BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals First glance at what an American strategic Bitcoin reserve could look like MOCA Leads Crypto Rally as Daily Gainers Surge