Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Marathon Oil Corporation (NYSE:MRO) shares are trading lower by 5.51% to $22.74. Shares of energy companies at large are trading lower Monday morning as oil prices drop following soft China factory data, which has pressured demand outlook.
What Happened?
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July compared with the same period in 2021, below the 5% growth forecast, per CNBC.
China’s central bank has also unexpectedly slashed a key policy interest rate for the first time since January, per Bloomberg. The People’s Bank of China reduced the rate on its one-year policy loans by 10 basis points to 2.75% on Monday.
See Also: If You Had $1,000 Right Now, Would You Put It On Dogecoin Or Baby Doge Coin? Survey Says...
According to data from Benzinga Pro, Marathon Oil has a 52-week high of $33.24 and a 52-week low of $10.41.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.