Dips

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen. The world’s first cryptocurrency is trading below its 10-day …

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MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

Monday marked a historic moment in traditional markets, with the price of West Texas Intermediate oil futures going into negative territory for the first time ever.  Contracts for May delivery, expiring on Tuesday, collapsed below -$40 per barrel at one point. In other words, sellers were willing to pay as much as $40 to people …

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