Monthly Archives: September 2026
41654156156Bitcoin, Ether Lose Steam After Multi-Month Highs as Macro Headwinds Bite
Written on September 29, 2026 at 6:03 am, by pumarketings
Key Takeaways: *Bitcoin has retreated from $87,000 to around $83,000, while Ethereum slipped below $2,700 as bullish momentum fades. *Profit-taking, leveraged liquidations, rising Treasury yields, a stronger dollar and slowing ETF inflows have weakened risk appetite. *Bitcoin’s 80,000-82,000 support zone remains critical, while Ethereum is likely to track Bitcoin as markets await key U.S. dataContinue Reading
Wall Street Falls as Rising Yields and AI Concerns Pressure Sentiment
Written on September 29, 2026 at 6:01 am, by pumarketings
Key Takeaways: *Wall Street started the week lower as rising Treasury yields increased pressure on equity valuations. *Elevated oil prices added to inflation concerns and reinforced expectations for tighter Federal Reserve policy. *Higher borrowing costs remain a particular headwind for growth and technology stocks. *The AI trade weakened after OpenAI paused training of its latestContinue Reading
Crude Oil Stays Volatile as US–Iran Talks Send Mixed Signals
Written on September 29, 2026 at 5:58 am, by pumarketings
Key Takeaways *Crude oil remains highly volatile as markets react to conflicting signals from US–Iran negotiations. *President Donald Trump rejected Iran’s latest proposal, keeping the Strait of Hormuz closed and supply risks elevated. *Washington has also signalled that it could ease sanctions and release frozen Iranian assets if Tehran makes concrete nuclear progress. *Any agreementContinue Reading
