Altcoin News by Thebittimes.Com

Leading US military stocks experienced a $100 billion rout in market cap after the Israel and Palestine conflict. Investors sold their positions in US military stocks fearing further escalations that could tank the global Stock Market s. In a week, the top 9 leading US military stocks saw an outflow of nearly $100 billion. While conflicts benefit the industrial military complex to earn billions from weapons and equipment sales, average investors avoid defense stocks in fear of further tensions. Also Read: US Debt Officially Climbs Above $100,000 Per American Wars and conflicts are among the leading cause of market crashes, as violence anywhere in the world affect stocks in many ways as supplies are interconnected. In this article, we will highlight the top 9 US military stocks that combinedly lost nearly $100 billion this month. 9 Leading US Military Stocks Shed $100 Billion Due To Israel-Palestine Conflict Source: AFP 2023 / JEWEL SAMAD According to recent data from Finb...

Leeds United Fan Token (LUFC) has gained by 1.2% over the last 24 hours. The uptrend comes amid a slight recovery in the global cryptocurrency market. The overall crypto market has gained by 0.7% in 24 hours, but it is yet to hit the $1 trillion mark. Can LUFC rally to $10? The LUFC token has been having a hard time making a price recovery despite the English Premier League kicking off the latest season. Over the last 30 days, this token has jumped by around 22%. LUFC, like most of the altcoins, has been battered by the ongoing bear market. The token has dropped by around 92% since reaching an all -time high in December 2021. The token has been testing lower lows this year, and there is not much action happening. The recent plunge could attract profit takers that want to buy the token at low prices , which pegs the question of whether this token could rally to $10. At the current price, LUFC needs to make an around 10X jump to reach $10. Such a scenario is unlikel...