Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
08:26
Nomura: Reserve Bank of India keeps rates unchanged, focuses on growth and inflation risks
She said that the policy statement shows the Reserve Bank of India will focus on second-round inflation effects rather than headline data, and it is expected that headline figures will rise to nearly 6% in the fourth quarter. Based on the current statement, there is no indication that the Reserve Bank of India intends to raise interest rates, not even in August. Varma said, "Today's decision to leave rates unchanged further proves that the Reserve Bank of India is a traditional, inflation-targeting central bank." However, although inflation is expected to rise in the future, the negative impact of the energy shock on growth is also beginning to emerge, so the Reserve Bank of India will need to pay attention to both growth and inflation.
08:25
Jiang Zhuoer: Bought Back All ETH Holdings at "Market Bottom," Plans to Start Selling in 1-3 Days After Rebound
BlockBeats News, June 5th, Jiang Zhuo'er, founder of Lebit Mining Pool (B.TOP), announced that he had bought back all previously sold Ethereum positions at an average price of $1645, after liquidating his holdings in the $2200 to $2400 range. Despite completing the repurchase operation, he believes that the overall market is still in a downtrend. However, Bitcoin has found support near $61,000 twice and has not significantly dropped below that level, indicating a short-term demand for a technical rebound. Based on this assessment, Jiang Zhuo'er expects Bitcoin to experience a rebound in the next 1 to 3 days and plans to sell the recently repurchased Ethereum positions during this rebound.
08:23
Foreign investors sold more than $10 billion worth of South Korean stocks this week.
Glonghui, June 5th — Foreign investors have sold another 3.5 trillion won (approximately $2.3 billion) in South Korean stocks, bringing this week’s cumulative sell-off to over $10 billion. The won has fallen to its lowest level since March 2009. According to KB Securities economist Oh Jaeyoung, the depreciation of the won triggered by rising oil prices has been intensified by foreign capital selling South Korean stocks; as the Seoul Composite Index declines, this pressure is further amplified. From a short-term market sentiment perspective, the won may still have further room to fall.
News