Bitcoin, Fed
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Crypto had a rough November. The pain is persisting into December — and that could signal trouble ahead for the stock market.
American Bitcoin Corp. ABTC may have been encountering heavy sell-offs lately, but a Roth Capital analyst painted a more than 100% upside for the stock on Wednesday. ‘Buy’ Rating For American Bitcoin Roth Capital analyst Darren Aftahi initiated coverage of ABTC with a “Buy” rating and announced a price target of $4,
HIVE Digital Technologies has debuted on the Colombian Stock Exchange under the ticker HIVECO, becoming the first Bitcoin and AI infrastructure company to trade publicly on a Latin American exchange.
Bitcoin BTC $90,118.54, the leading cryptocurrency by market value, is down following the overnight Fed rate cut. The reason likely lies in the Fed's messaging, which has made traders less excited about future easing.
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Robinhood reports drop in crypto and equity trading volumes in November.