Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring

Bitcoin broke above $9,250 for the first time since Friday as the leading cryptocurrency continues to trade in a tight range just above $9,000 for several weeks. But cryptocurrency markets have stayed quiet as traders expect a big move. Bitcoin was trading hands around $9,250 as of 20:00 UTC (4 p.m. ET).  Ether, the second-largest […]

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Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud

It’s a lethargic Thursday across most markets, including bitcoin. Yet, on a longer-term view, the big growth story remains the Ethereum network’s DeFi movement, which continues to help drive ether’s performance in 2020.  Bitcoin (BTC) was trading around $9,395 as of 20:00 UTC (4 p.m. ET), gaining 0.97% over the previous 24 hours.  At 00:00 […]

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Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments

Bitcoin declined for the first time in three days as traders in digital-asset markets and more traditional stocks considered the implications of U.S. President Donald Trump’s latest broadsides against China on the coronavirus and Hong Kong.  Bitcoin (BTC) was changing hands around $9,400 as of 20:00 UTC (4 p.m. ET), slipping less than a percent […]

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FTSE 100 Tanks as Trump Points Multi-Billion Tariff Gun at Europe

The FTSE 100 plunged at the opening bell in London today, putting the UK stock market on track for its fourth-straight day of losses. It comes as Donald Trump brings his tariff war to European shores. The Trump administration announced tariffs on $7.5 billion ($6.1 billion) worth of European goods including aircraft, French wine, Scotch […]

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