Finance: News, Insights, Predictions

Bitcoin's price has fallen to $65,000, marking a potential fifth consecutive monthly decline, which would be its longest losing streak since 2022.

Bitcoin sellers reemerged on Friday, causing the price to drop by 5.5% from Wednesday's high of $70,000, bringing it down to $65,950 at the time of reporting.

Blockstream CEO Adam Back stated in an interview with CNBC that Bitcoin does not have significant downside support. He attributed this to retail investors being fully invested, leaving them without available cash to purchase during price dips.

Bitcoin's price has dropped back below $65,500, reversing much of its midweek gains. This decline coincided with a downturn in major cryptocurrencies and crypto-related stocks, reflecting a broader risk-off sentiment in the market.

The European Bank for Reconstruction and Development (EBRD) projects that Turkmenistan's economy will experience consistent growth through 2027.

The weather forecast for February 27th indicates that northern Vietnam will see sunny conditions starting from midday, with a gradual improvement in humidity following several days of drizzle and damp weather.

The weather forecast for February 27th predicts widespread thunderstorms across Southern Vietnam and the Central Highlands. Areas including Khanh Hoa and the eastern part of Lam Dong province are expected to see showers and isolated storms throughout the day.

Analysts have increased their oil price forecasts for this year due to supply risks arising from ongoing geopolitical tensions, despite concerns about demand fluctuations.

According to the National Center for Hydro-Meteorological Forecasting, on February 28th, Northern and North Central Vietnam will experience fog in the early morning, while Central Vietnam is expected to see ongoing localized thunderstorms.

Northern Vietnam is expected to experience a stretch of sunny afternoons from February 28 to March 2, with temperatures ranging between 21 and 30 degrees Celsius, bringing an end to the recent cloudy weather.

Delivery Hero announced that its annual gross merchandise value (GMV) fell slightly short of market expectations, reflecting challenges from increased competition and economic pressures.

Berkshire Hathaway's stock price increased by more than 1.5% on Thursday, driven by a rebound in American shares as investors anticipate the company's upcoming financial results.

The Turkish lira is experiencing a sharp decline, reaching record low levels this year. This downward trend is likely to persist following the release of recent macroeconomic data from Turkey.

The cocoa market is anticipating a substantial surplus, with predictions for the 2025-2026 crop season suggesting a global excess of 365,000 metric tons.

Sugar prices declined as the market anticipates a global sugar surplus. On Friday, May NY world sugar #11 closed down by 0.06 cents, or 0.43%, while May London ICE white sugar #5 fell by 0.20 cents, representing a decrease of 0.05%.

Evertec Inc. (EVTC) announced its fourth-quarter 2025 earnings, exceeding Wall Street forecasts with an earnings per share (EPS) of $0.93, surpassing the anticipated $0.90.

Brazil, the leading coffee producer globally, is preparing for a record harvest, leading to an unprecedented supply of coffee.

The Brazilian real is facing challenges in maintaining its mid-2024 highs, having reached 5.12 per US dollar on February 23rd. This difficulty is attributed to a reversal in domestic inflation trends.

GBP/USD analysis indicates a significant return to a trading range following a failed breakout, according to a forecast by UOB. In London's financial district today, market experts are closely monitoring the situation as fluctuations continue to impact currency pairs.

The Pound Sterling (GBP) is currently experiencing a bearish consolidation phase against the US Dollar (USD) following a test of significant support around the 1.3450 level.

The British Pound experienced a decline over the past week as traders adjusted their positions in anticipation of a potential U.S. military strike on Iran, opting instead for safer investments like the Swiss Franc.

According to a Reuters poll, Britain is expected to issue the least amount of long-dated government debt in twenty years during the upcoming financial year as it reduces overall bond sales.

The GBP/USD currency pair is expected to rise to levels between 1.4050 and 1.4300 during the period from February 27 to March 6, 2026.

The Pound to Dollar exchange rate (GBP/USD) declined on Friday due to the political repercussions following the Greens' victory in the Gorton and Denton by-election.

The GBP/USD pair is trading within a tight range near the 1.3500 mark during the early European session on Friday, as UK politics and expectations of easing from the Bank of England weigh on the currency.