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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Bitcoin Surges Toward US$75,000 as Geopolitical Tensions Boost Crypto Demand

Bitcoin  rallied  in  Asian  trading  on  Monday  as  investors  increasingly  turned  to  cryptocurrencies  amid  geopolitical  uncertainty ,  outperforming  several  traditional  assets  during  the  ongoing  Middle  East  conflict. The  world’s  largest  cryptocurrency  rose  as  much  as 3.7%  to  above  US$74,400 ,  while  major  altcoins  posted  even  stronger  gains.  Ether  jumped  up  to 6.9% ,  with  Solana  climbing 6.1%   and  XRP  advancing 4.7% . Crypto  Outperforms  Traditional  Safe  Havens Despite  heightened  geopolitical  tensions  following  the  Iran  conflict  that  began  in  late  February ,  bitcoin  has  deliver...

Bitcoin Approaches Historical Bottom Zone as Bear Market Nears Late Stage

Bitcoin  may  be  approaching  a  key  accumulation  zone  historically  associated  with  the  end  of  major  crypto  bear  markets ,  according  to  cycle  indicators  closely  monitored  by  institutional  investors. After  losing  nearly  half  its  value  since  October ,  several  technical  and  on- chain  metrics  now  suggest  the  majority  of  the  downside  may  already  be  behind  the  market ,  although  the  final  bottom  may  still  lie  slightly  below  current  levels. Despite  ongoing  volatility,  some  analysts  argue  the  risk- reward  profile  for  long- term  investors  is  beginning  t...

Bitcoin Falls Below US$65,000 Amid Fresh Tariff Turbulence

Bitcoin slid sharply in early Asian trading as renewed uncertainty over US tariffs rattled risk assets. The world’s largest cryptocurrency fell as much as  4.8% to around US$64,300 , its lowest level since Feb 6, before stabilising near US$64,800. Meanwhile: Ethereum  dropped about 5.2% The broader crypto market shed  US$100 billion  in 24 hours Total market value has erased over  US$2 trillion  since last year’s peak Tariff Whiplash Sparks Risk-Off Mood The selloff follows renewed trade-policy turbulence after the  Supreme Court of the United States  struck down emergency tariffs imposed by President  Donald Trump . Trump responded by: Announcing a new  10% global tariff Then raising it to  15% The uncertainty has: Weighed on the US dollar Pressured US stock futures Increased macro volatility Crypto, often treated as a high-beta risk asset, reacted negatively. Key Technical Level: US$60,000 Analysts note that: US$65,000  was a...

XRP Hits Record High as Bitcoin Nears $120K – Crypto Bulls Take Charge

Market Snapshot: Crypto Rally in Full Swing The cryptocurrency market surged on Thursday, led by  XRP smashing past its all-time high  and  Bitcoin reclaiming the $119,000 mark . Ethereum and Dogecoin also climbed, contributing to broad-based bullish sentiment across major tokens. Top Tokens: Crypto Price 24H Change Bitcoin (BTC) $119,899.47 +0.46% Ethereum (ETH) $3,448.23 — Solana (SOL) $175.23 +2.76% XRP (Ripple) $3.36 +3.37% Dogecoin (DOGE) $0.2150 — Shiba Inu (SHIB) $0.00001428 — XRP briefly surpassed $3.40 , its highest ever, powered by investor speculation and whale activity. On-Chain Activity According to  IntoTheBlock : Large transaction volume dropped  18.2% Daily active addresses declined  4% Transactions over $100,000 fell from  12,730 to 11,451 Exchange netflows were  down 125.9% From  Coinglass : 142,675 traders  liquidated in 24 hours Total liquidations:  $478.04 million Top Gainers (24H): Flare (FLR) Curve DAO Token (...

Bitcoin Smashes Past US$112,000 as Traders Brush Off Tariff Fears

Bitcoin hit a  record high , surging past  US$112,000  for the first time as global risk appetite surged, ignoring renewed  tariff tensions from President Donald Trump . Key Highlights BTC rose as much as 3.1% to US$112,009 , bringing its  year-to-date gain to nearly 20% . The surge mirrors a  wider rally in tech and risk assets , including Nvidia’s historic brush with a  US$4 trillion valuation . The  S&P 500  is now hovering near its all-time high, helped by bullish momentum and strong ETF flows. “Voracious demand from equity vehicles like ETFs and digital-asset Treasuries is driving this relentless bitcoin bid,” said  Spencer Hallarn, GSR . Why It’s Rallying ETF inflows , rising  institutional adoption , and  macroeconomic support  are fueling bitcoin’s breakout. Post-election sentiment  suggests that Trump’s return could bring  lighter crypto regulation , encouraging investor optimism. Institutional deman...

Altcoins on the Rise: Analyst Predicts 'Onwards and Upwards

As the cryptocurrency market navigates the impact of  inflation data  and shifting Federal Reserve expectations,  altcoins  are emerging as standout performers. Here's what you need to know about the current market trends and top gainers. Cryptocurrency Market Snapshot (as of 7:30 p.m. ET): Bitcoin (BTC) : Dropped  0.59%  to  $100,315.71 , after briefly hitting  $102,250  earlier in the day before a sharp sell-off. Ethereum (ETH) : Climbed  1.89%  to  $3,900.97 , maintaining upward momentum. Dogecoin (DOGE) : Slid  0.80%  to  $0.4088 . What Happened: Bitcoin's early surge followed  President-elect Donald Trump’s positive remarks  about cryptocurrencies, but profit-taking reversed the gains. Ethereum  showed resilience, hitting an intraday high of  $3,986  before settling lower. Liquidations in the cryptocurrency market exceeded  $318 million  in the past 24 hours, with  $20...

Bitcoin Breaks $100K: Analysts Eye $200K as the Next Big Milestone

Bitcoin’s rally above the $100,000 milestone on Wednesday has analysts and traders pondering how much further the cryptocurrency could climb. Key Insights from Mark Arbeter Next Target: $200,000: According to Mark Arbeter of Arbeter Investments LLC, Bitcoin could potentially double to $200,000 , citing historical misjudgments about the cryptocurrency's potential. Technical Patterns: Bitcoin’s surge was supported by a cup-with-handle pattern , a bullish chart formation. The base ranged between $15,000 and $70,000 , indicating a measured move target of $125,000 . A longer-term bullish channel since 2015 suggests Bitcoin could reach the $200,000 mark within 3 to 9 months. Catalysts Behind the Rally Regulatory Developments: President-elect Donald Trump announced Paul Atkins , a crypto-friendly nominee, as SEC chair, boosting investor sentiment. Remarks by Federal Reserve Chair Jerome Powell: Powell compared Bitcoin's role to gold , further reinforcing its appeal as a store of va...