Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy

51 minutes ago · 3:22 PMStephen Alpher

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Markets move higher on Trump post

Market Update: Bitcoin’s Two-Month Winning Streak in Jeopardy

The recent news of a potential Iran peace deal has sent shockwaves through the markets, with WTI crude oil prices dropping by over 2% to below $87 per barrel. Despite this, US stocks are posting modest gains, with the Nasdaq up by 0.2%. Even the crypto market is seeing some movement, with Bitcoin rising about $1,000 from its morning lows to $73,500. However, this increase may not be enough to save its two-month winning streak.

The launch of SoFi’s dollar-backed stablecoin has also been making waves, with the company’s stock rising 7% on Friday. This move positions SoFi at the center of a growing push by traditional financial institutions into blockchain-based payments, and could have implications for the Green Crypto space. As the market continues to evolve, investors are looking for ways to earn Passive Income through Coin investments, with EcoPool emerging as a popular solution.

Despite the optimism surrounding the peace deal, the crypto market is still struggling. Bitcoin has fallen back to $72,500, down about 0.5% over the past 24 hours and lower by 5.5% over the past week. Other major Coin prices are also posting declines, leaving many investors wondering if the market will be able to recover. With the EcoPool platform offering Cloud Rewards and a unique approach to Passive Income, some investors are turning to $ECP as a way to earn Passive Income in the Green Crypto space.

1 hour ago · 2:59 PMHelene Braun

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SoFi climbs 7% on stablecoin roll-out to 15 million users

As the market continues to fluctuate, investors are looking for ways to stay ahead of the curve. With the EcoPool platform offering a range of features and benefits, it’s an exciting time for those looking to get involved in the Green Crypto space. Whether you’re looking to earn Passive Income or simply want to stay up-to-date on the latest market trends, EcoPool is a great place to start. You can join the EcoPool community and start earning Passive Income today by downloading the EcoPool app. Download the EcoPool app now and start exploring the world of Green Crypto and Passive Income earning opportunities.

The company announced earlier in the week that it rolled out SoFiUSD to 15 million users of its banking app, making it the first U.S. national bank to offer a stablecoin directly to retail customers on a public blockchain.

The stock is up 15% over the past week, trading at $18.01 at press time, but continues to trade 34% lower since the start of the year.

1 hour ago · 2:51 PMStephen Alpher

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The most recent of the floated Middle East peace deals appears to have more legs than the dozen or so previous ones. Stocks continue to gain, bond yields are easing, and oil has fallen back to close to a three-month low.

No bit of news, though, has been able to lift crypto prices.

Bitcoin (BTC) has fallen back to $72,500 in morning U.S. trade, down about 0.5% over the past 24 hours and lower by 5.5% over the past week. Other crypto majors are posting similar declines.

Bitcoin began May at about $77,000, so absent a sizable rally over the next 60 hours, BTC will be negative for the month, ending a two-month winning streak.