Crypto prices recorded gains this morning, with Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, trading above the $16,400 level on Tuesday.
Investors are carefully monitoring Chinese tech stocks amid protests over COVID-19 restrictions. China's central bank last week loosened bank reserve requirements.
The Dow Jones closed lower by around 500 points on Monday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Dogecoin (CRYPTO: DOGE) was consolidating during Monday’s 24-hour trading session after surging over 50% between Nov. 21 and Sunday to reach a high of $0.107.
Apple, Inc (NASDAQ: AAPL) gapped down almost 2% to start Monday’s trading session. Although the stock inititally popped to fill most of the upper gap, Apple slid back toward its opening price intraday.
Crypto prices started the week on a negative note, with Bitcoin (CRYPTO: BTC) trading lower on Monday. However, price for the most valued cryptocurrency in the world remained above the $16,000 level on Monday.