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Huobi Token
$HT

3 Results

Bitcoin's all-time high rise reignites $100,000 speculation

Mixed payroll and wage growth figures released today are reflected in Friday's trading session thus far. U.S. payrolls rose more than expected (225k) with a gain of 311k in February, while the unemployment rate pushed higher to 3.6%. Monthly wage growth printed 0.2% (vs 0.3% consensus), correlating to a 4.6% increase from a year ago. $SPX (+0.4%) and $QQQ (+0.5%) opened lower before trading slightly above yesterday's close on the...

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Andre Francois Mckenzie Vh7U Z75L3U Unsplash

Stocks are in the red again after temporarily bouncing yesterday. The S&P 500 dropped 1.91%, while the Nasdaq fell 3.31%. Markets have shifted their attention from yesterday's strong December consumer sentiment data to the new regime of increasingly tighter financial conditions from central banks worldwide. $BTC is currently trading near $16,600 while $ETH trades at $1,186, down 1.45% and 2.21%, respectively. Crypto exchange Huobi Global's $HT token is one of...

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Bitcoin will hit $200,000 in the second half of 2022, predicts FSInsight

The Bureau of Labor Statistics' (BLS) November employment report points to a hotter-than-expected labor market, inciting fears of higher rates for longer in markets. Non-farm payroll employment increased by 263k (vs 200k consensus), while the unemployment rate remained at 3.7%. Traditional markets reacted negatively to the news, with $SPX (-0.5%) and $QQQ (-1.0%) opening lower before rebounding 4,055 and 291, respectively. Crypto markets were equally affected, with $BTC (-0.3%) and...

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