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.
BP plc (NYSE:BP), Exxon Mobil Corp (NYSE:XOM) and Shell PLC (NYSE:SHEL) shares are all trading higher going into the close of Wednesday's session. Shares of energy companies at large are trading higher as oil prices rise following a draw in crude inventories.
Crude oil inventories came in at a draw of 215K vs. the build of 443K that was expected. Cushing Crude oil inventories were a draw of 692K. Meanwhile, EIA Weekly distillate stocks were a draw of 2.892M vs. a draw of 69K expected.
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What Else?
The broader market, including major indexes, are higher Wednesday as Treasury yields fall. The Bank of England also indicated it would buy government bonds in order to stabilize the pound.
See Also: Why Taiwan Semiconductor Manufacturing Shares Are Volatile Following Apple News
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.