Latest news for FFBW (OTC:FFBW) Stock

FFBW

FFBW Inc is a United States-based community bank. It offers banking and financial products and services such as checking accounts, savings accounts, credit cards, home equity loans, mortgage centers, and others. Its loan portfolio consists of Commercial and Residential real estate and consumers. It provides a variety of financial services to individual and corporate customers.

News

Intraday Update

Markets

Movers

Trading Ideas

ABMD

ACBI

ACCO

ACEL

ACGL

ADOM

AERI

AGEN

AIRG

ALEX

ALLE

ALSN

AMCX

ANTM

AOSL

APYX

AQUA

ARCW

ARES

ARNC

ASRV

ASTC

ATEC

ATHM

ATRS

ATTO

AUTO

AVAL

AVNS

AWSM

AZPN

BANR

BBDO

BCOR

BCSF

BDSI

BECN

BFST

BHLB

BKNG

BMRC

BNED

BOKF

Stocks That Hit 52-Week Lows On Monday

AAOI

AAWW

ABCB

ACHC

ACHV

ADMS

ADPT

AESE

AFMD

AGLE

AGRO

AINV

AKCA

AKRX

AMAL

AMCR

AMPY

AMSC

ANAT

ANCN

ANIX

APAM

APEI

APOG

ARAY

ARCH

ARCO

ARLO

AROC

ASPS

ATEN

Adtalem Global Education Inc. Common Stock

ATGE

ATOS

ATSG

AUTL

AVCO

AXGN

AXTA

BANC

BANX

BATRA

BATRK

BBDC

BEDU

BELFA

BERY

BHAT

BJRI

BKSC

BLBD

BLMN

BORR

BRFS

BSET

BSGM

Stocks That Hit 52-Week Lows On Wednesday

ABEV

ALDX

ALRM

ASIX

ASYS

ATNI

BCEI

BGSF

BLFS

BOOT

BWFG

CARV

CASS

CCBG

CCCL

CELC

CELP

CERC

CHCI

CHKR

CMBM

CNBKA

CNDT

CNET

CNTY

CRNT

CSTM

CTRE

CVGW

DAIO

DOMO

DRTT

DWSN

DXPE

ECOL

EIGI

EIGR

EMCF

EMMA

ENOB

FLXS

FMAO

FRGI

FTSI

FUSB

FWONA

FWONK

GEOS

GOSS

GSUM

GTEC

GTLS

Stocks That Hit 52-Week Lows On Tuesday

FFBW Inc

LPL Finl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPLA#NASDAQ">LPLA</a>) reported quarterly earnings of $3.88 per share which beat the analyst consensus estimate of $3.70 by 4.86 percent. This is a 1.52 percent decrease over earnings of $3.94 per share from the same period last year. The company reported quarterly sales of $2.932 billion which beat the analyst consensus estimate of $2.886 billion by 1.60 percent. This is a 18.75 percent increase over sales of $2.469 billion the same period last year.

Earnings

Earnings Beats

LPLA

LPL Finl Hldgs Q2 2024 Adj EPS $3.88 Beats $3.70 Estimate, Sales $2.932B Beat $2.886B Estimate

WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent.

WSFS

WSFS Financial Q2 2024 Adj EPS $1.16 Beats $1.04 Estimate

Ensign Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSG#NASDAQ">ENSG</a>) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.30 by 1.54 percent. This is a 13.79 percent increase over earnings of $1.16 per share from the same period last year. &nbsp;

ENSG

Ensign Group Q2 2024 Adj EPS $1.32 Beats $1.30 Estimate

L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) reported quarterly earnings of $3.24 per share which beat the analyst consensus estimate of $3.17 by 2.21 percent. This is a 9.09 percent increase over earnings of $2.97 per share from the same period last year. The company reported quarterly sales of $5.30 billion which met the analyst consensus estimate. This is a 12.91 percent increase over sales of $4.69 billion the same period last year.

L3Harris Technologies Q2 Adj $3.24 Beats $3.17 Estimate, Sales $5.30B Inline

Ensign Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSG#NASDAQ">ENSG</a>) reported quarterly sales of $1.036 billion which beat the analyst consensus estimate of $1.021 billion by 1.51 percent. This is a 12.44 percent increase over sales of $921.345 million the same period last year.

Ensign Group Q2 Sales $1.036B Beat $1.021B Estimate

Guidance

DECK

Deckers Brands Increases FY 2025 Diluted EPS Guidance To $29.75 - $30.65; 10% Increase In Net Sales To $4.7B

Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets
SEATTLE, July 25, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4219523-1&amp;h=1030288948&amp;u=https%3A%2F%2Fwww.weyerhaeuser.com%2F&amp;a=Weyerhaeuser+Company">Weyerhaeuser Company</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) today announced acquisitions totaling 84,300 acres of high-quality timberlands in Alabama for $244 million. Secured through multiple transactions, the collective acreage is comprised of mature, highly productive timberlands that are well-integrated with existing Weyerhaeuser operations. Additionally, the acquisitions are expected to deliver portfolio-leading cash flow and harvest tons per acre within the company's Southern Timberlands business.

Weyerhaeuser Acquires 84,300 Acres Of High-Quality Timberlands In Alabama For $244M

WIIM

Deckers Outdoor shares are trading higher after the company reported better-than-expected Q1 financial results.

Ryder (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/r#NYSE">R</a>) reported $3.18 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.3%. EPS of $3.00 for the same period compares to $3.61 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.25 billion, representing a surprise of -2.09%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $2.88.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company&#39;s underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock&#39;s price performance more accurately.
Here is how Ryder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
<ul>
<li>Operating Revenue- Fleet Management Solutions: $1.28 billion versus $1.29 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.</li>
<li>Operating Revenue- Dedicated Transportation Solutions: $485 million compared to the $528.41 million average estimate based on two analysts. The reported number represents a change of +48.3% year over year.</li>
<li>Operating Revenue- Supply Chain Solutions: $989 million versus $951.35 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.</li>
<li>Revenues- Supply Chain Solutions - Subcontracted transportation and fuel: -$352 million versus $353.94 million estimated by two analysts on average.</li>
<li>Revenues- Fleet Management Solutions: $1.48 billion versus $1.48 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.3% change.</li>
<li>Revenues- Fleet Management Solutions- SelectCare and other: $176 million versus the two-analyst average estimate of $171.64 million. The reported number represents a year-over-year change of +2.3%.</li>
<li>Revenues- Dedicated Transportation Solutions: $635 million compared to the $698.73 million average estimate based on two analysts. The reported number represents a change of +44.3% year over year.</li>
<li>Revenues- Eliminations: -$272 million versus -$234.47 million estimated by two analysts on average.</li>
<li>Revenues- Fleet Management Solutions- Commercial rental: $244 million compared to the $254.69 million average estimate based on two analysts. The reported number represents a change of -18.9% year over year.</li>
<li>Revenues- Fleet Management Solutions- ChoiceLease: $856 million versus the two-analyst average estimate of $861.14 million. The reported number represents a year-over-year change of +9.6%.</li>
<li>Revenues- Fleet Management Solutions- Fuel services: $202 million versus the two-analyst average estimate of $192.92 million. The reported number represents a year-over-year change of -1.5%.</li>
<li>Revenues- Supply Chain Solutions: $1.34 billion versus $1.31 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.7% change.</li>
<li>Shares of Ryder have returned +5.8% over the past month versus the Zacks S&amp;P 500 composite&#39;s -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.</li>
<li><a href="https://www.zacks.com/stock/news/2309202/compared-to-estimates-ryder-r-q2-earnings-a-look-at-key-metrics?cid=CS-BENZ-FT-fundamental_analysis|nfm-2309202">To read this article on Zacks.com click here.</a></li>
</ul>

Small Cap

Analyst Ratings

Compared to Estimates, Ryder Q2 Earnings: A Look at Key Metrics

Olin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.71 by 12.68 percent. This is a 45.13 percent decrease over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $1.644 billion which missed the analyst consensus estimate of $1.709 billion by 3.81 percent. This is a 3.46 percent decrease over sales of $1.703 billion the same period last year.

Earnings Misses

Olin Q2 2024 GAAP EPS $0.62 Misses $0.71 Estimate, Sales $1.644B Miss $1.709B Estimate

Updated 2024 Market and Financial Guidance
"Amidst a dynamic market, we are now updating our full-year guidance to reflect our expectations for continued out-performance driven by our core businesses, with particular strength in our Outdoors segment and our Moen North America business, and our accelerating digital sales, which are offset by weaker China sales. Importantly, we are narrowing the range around our prior EPS before charges / gains mid-point due to expected growth in our core and digital businesses and strong margin performance," said Fortune Brands Chief Financial Officer David Barry. "As we position Fortune Brands for long-term shareholder value creation, we will continue to prioritize above-market sales growth opportunities, margin expansion and cash generation, while continuing to effectively manage costs and invest in a strategic set of key priorities."
Updated 2024 Full-Year Guidance
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Initial 2024 Full-Year Guidance</td>
<td colspan="1" rowspan="1">Updated 2024 Full-Year Guidance</td>
</tr>
<tr>
<td colspan="1" rowspan="1">MARKET</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Global market</td>
<td colspan="1" rowspan="1">-3% to flat</td>
<td colspan="1" rowspan="1">-3% to -1%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. market</td>
<td colspan="1" rowspan="1">-2% to flat</td>
<td colspan="1" rowspan="1">-1% to flat</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. R&amp;R</td>
<td colspan="1" rowspan="1">-4% to -2%</td>
<td colspan="1" rowspan="1">-4% to -3%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. SFNC</td>
<td colspan="1" rowspan="1">5% to 7%</td>
<td colspan="1" rowspan="1">8% to 10%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">China market</td>
<td colspan="1" rowspan="1">-9% to -7%</td>
<td colspan="1" rowspan="1">-20% to -15%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TOTAL COMPANY FINANCIAL METRICS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net sales</td>
<td colspan="1" rowspan="1">3.5% to 5.5%</td>
<td colspan="1" rowspan="1">2.5% to 4.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net sales [organic]</td>
<td colspan="1" rowspan="1">-1% to 1%</td>
<td colspan="1" rowspan="1">-2% to flat</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating margin before charges / gains</td>
<td colspan="1" rowspan="1">16.5% to 17.5%</td>
<td colspan="1" rowspan="1">17.0% to 17.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">EPS before charges / gains</td>
<td colspan="1" rowspan="1">$4.20 to $4.40</td>
<td colspan="1" rowspan="1">$4.25 to $4.35</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash flow from operations</td>
<td colspan="1" rowspan="1">Around $720 million</td>
<td colspan="1" rowspan="1">Around $700 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Free cash flow</td>
<td colspan="1" rowspan="1">Around $520 million</td>
<td colspan="1" rowspan="1">Around $500 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash conversion</td>
<td colspan="1" rowspan="1">Around 100%</td>
<td colspan="1" rowspan="1">Around 100%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">SEGMENT FINANCIAL METRICS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations net sales</td>
<td colspan="1" rowspan="1">3% to 5%</td>
<td colspan="1" rowspan="1">2.5% to 4.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations net sales [organic]</td>
<td colspan="1" rowspan="1">-2% to flat</td>
<td colspan="1" rowspan="1">-4% to -2%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations operating margin before charges / gains</td>
<td colspan="1" rowspan="1">24% to 24.5%</td>
<td colspan="1" rowspan="1">Around 24%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Outdoors net sales</td>
<td colspan="1" rowspan="1">1% to 3%</td>
<td colspan="1" rowspan="1">2% to 4%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Outdoors operating margin before charges / gains</td>
<td colspan="1" rowspan="1">13.5% to 14.5%</td>
<td colspan="1" rowspan="1">14.5% to 15.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security net sales</td>
<td colspan="1" rowspan="1">10% to 12%</td>
<td colspan="1" rowspan="1">5% to 7%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security net sales [organic]</td>
<td colspan="1" rowspan="1">Flat to 2%</td>
<td colspan="1" rowspan="1">-3% to -1%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security operating margin before charges / gains</td>
<td colspan="1" rowspan="1">15.5% to 16.5%</td>
<td colspan="1" rowspan="1">15.5% to 16.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">OTHER ITEMS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Corporate expense</td>
<td colspan="1" rowspan="1">$140 million to $145 million</td>
<td colspan="1" rowspan="1">$143 million to $148 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Interest expense</td>
<td colspan="1" rowspan="1">$118 million to $120 million</td>
<td colspan="1" rowspan="1">$122 million to $124 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Other income / (expense)</td>
<td colspan="1" rowspan="1">Around $5 million</td>
<td colspan="1" rowspan="1">Around $5 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Tax rate</td>
<td colspan="1" rowspan="1">23.25% to 23.5%</td>
<td colspan="1" rowspan="1">23.25% to 23.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Share count</td>
<td colspan="1" rowspan="1">Around 127 million</td>
<td colspan="1" rowspan="1">Around 126 million</td>
</tr>
</tbody>
</table>
</figure>
For certain forward-looking non-GAAP measures (as used in this press release, operating margin before charges / gains on a full Company and segment basis, EPS before charges / gains and cash conversion), the Company is unable to provide a reconciliation to the most comparable GAAP financial measure because the information needed to reconcile these measures is unavailable due to the inherent difficulty of forecasting the timing and / or amount of various items that have not yet occurred, including the high variability and low visibility with respect to gains and losses associated with our defined benefit plans, which are excluded from EPS before charges / gains and cash conversion, and restructuring and other charges, which are excluded from operating margin before charges / gains, EPS before charges / gains and cash conversion. Additionally, estimating such GAAP measures and providing a meaningful reconciliation consistent with the Company's accounting policies for future periods requires a level of precision that is unavailable for these future periods and cannot be accomplished without unreasonable effort. Forward-looking non-GAAP measures are estimated consistent with the relevant definitions and assumptions.

FBIN

Fortune Brands Innovations Updates FY24 Net Sales Growth From 3.5%-5.5% To 2.5%-4.5%; EPS From $4.20-$4.40 To $4.25-$4.35 Vs $4.28 Est.

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.20 by 5.83 percent. This is a 17.59 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $1.45 billion which beat the analyst consensus estimate of $1.43 billion by 1.40 percent. This is a 6.53 percent increase over sales of $1.36 billion the same period last year.

SSNC

SS&C Techs Hldgs Q2 2024 Adj EPS $1.27 Beats $1.20 Estimate, Sales $1.45B Beat $1.43B Estimate

Cryptocurrency markets are sliding, with Ethereum down 7% on the third day of <a href="https://www.msn.com/en-us/money/other/ethereum-etfs-are-live-heres-how-experts-assess-their-launch/ar-BB1quQif">spot Ethereum ETF trading</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>$64,713</td>
<td>-1.5%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)&nbsp;</td>
<td>$3,114.27&nbsp;&nbsp;</td>
<td>-3.5%</td>
</tr>
<tr>
<td>Solana&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>$167.81&nbsp;&nbsp;</td>
<td>-5.9%</td>
</tr>
<tr>
<td>Dogecoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.1222</td>
<td>-5.9%</td>
</tr>
<tr>
<td>Shiba Inu&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.00001604</td>
<td>-6%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume dropiping by 24.4%, while daily active addresses increased by 4.2%. However, exchange netflows plunged 826.3%.</li>
<li>Coinglass data shows long liquidations at $253.1 million, the highest since July 6. Bitcoin long liquidations ($70 million) peaked at their highest since July 8.</li>
<li>Whale Alert <a href="https://x.com/whale_alert/status/1816462070864285858">data</a> flagged a dormant address containing 750 BTC, worth $48 million, being activated after 11.2 years.</li>
<li>Bloomberg analyst Eric Balchunas <a href="https://x.com/EricBalchunas/status/1816555277900218600">reported</a> that the Jersey City Mayor is announcing that its pension is allocating Bitcoin ETFs.</li>
</ul>
Notable Developments:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39965137/bitcoin-could-reach-2-9m-by-2050-says-vaneck-heres-what-would-need-to-happen">Bitcoin Could Reach $2.9M By 2050, Says VanEck: Here&#8217;s What Would Need To Happen</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39952969/core-foundations-new-dual-staking-model-launched-to-boost-bitcoin-yields">Core Foundation&#8217;s New Dual Staking Model Launched To Boost Bitcoin Yields</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39958725/marathon-digital-buys-bitcoin-adopts-full-hodl-strategy-whats-going-on-with-the-mining-sto">Marathon Digital Buys Bitcoin, Adopts &#8216;Full HODL&#8217; Strategy: What&#8217;s Going On With The Mining Stock?</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/07/39959562/tyler-winklevoss-kamala-harris-snubbing-bitcoin-conference-wont-be-forgotten-industry-will-show-no-m">Tyler Winklevoss: Kamala Harris Snubbing Bitcoin Conference Won&#8217;t Be Forgotten, Industry &#8216;Will Show No Mercy&#8217; In November</a></li>
</ul>
<h3 class="wp-block-heading">Top Losers:</h3>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price</td>
<td>Gains +/–</td>
</tr>
<tr>
<td>Celestia (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TIA</a>)</td>
<td>$5.5</td>
<td>-12.8%</td>
</tr>
<tr>
<td>Fanthom (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftm/usd">FTM</a>)</td>
<td>$0.4221</td>
<td>-11%</td>
</tr>
<tr>
<td>Ronin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RON</a>)</td>
<td>$1.95</td>
<td>-10%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto trader Michaël van de Poppe noted that the markets are at the "close to the end of this mini-correction."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is approaching the must-hold area around $60.5-62K. I think we're close to the end of this mini-correction. <a href="https://t.co/GwG5ehgpK1">pic.twitter.com/GwG5ehgpK1</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1816548982455435547?ref_src=twsrc%5Etfw">July 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Rekt Capital <a href="https://x.com/rektcapital/status/1816494953125793989">sees</a> Bitcoin is in the process of retesting the $65,000 level in a volatile manner. He concluded that to make Bitcoin's retest successful, Bitcoin will have to see a daily close above $65,000 and keep the price in the $65,000-$71,500 region.
Crypto trader Emperor stated he is not interested in bidding altcoins until Bitcoin is showing strength. However, he concluded that any strength without a strong a catalyst will most probably be a "lag."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BITCOIN PRICE UPDATE 1. Almost at our level of support at $63,300. Still looks heavy and LTF longs are alright but we rejected from Range POC at $67,000 and heading lower. 2. I will consider longing on LTF sweeps of our level. Next area of interest is from $62,000-$60,000… <a href="https://t.co/ix2kH9yfGK">pic.twitter.com/ix2kH9yfGK</a>
&mdash; Emperor&#x1f451; (@EmperorBTC) <a href="https://twitter.com/EmperorBTC/status/1816445698080117059?ref_src=twsrc%5Etfw">July 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Investor and entrepreneur Ted <a href="https://x.com/TedPillows/status/1816540933422195079">sees</a> Bitcoin reflecting "incredible strength" and $180,000 is still the "cycle peak target for BTC." He marks, that Mt. Gox distribution is happening, and the U.S. stock market is dumping as some factors. He predicts that once the Fed rate cut is implemented in September, Bitcoin and crypto rallies will resume.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39968581/could-a-bitcoin-treasury-fix-the-us-national-debt-one-trader-details-how-bitcoin-fixes-thi">Could A Bitcoin Treasury Fix The US National Debt? One Trader Details How &#8216;Bitcoin Fixes This&#8217;</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Bitcoin, Ethereum, Dogecoin Feel The Pressure: $60.5K-$62K Is A 'Must-Hold,' But The End Of 'Mini-Correction' Is Drawing Near, Trader Says

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

FFBW

News

Latest news for FFBW (OTC:FFBW) Stock

Monday, March 23, 2020

Wednesday, March 11, 2020

Tuesday, March 10, 2020

Monday, January 27, 2020

Tuesday, December 10, 2019

Thursday, July 25, 2019

Thursday, February 07, 2019