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Stock Market Today: Dow Drops, Bitcoin Plunges

Post author By mangakiko
Post date May 12, 2022
No Comments on Stock Market Today: Dow Drops, Bitcoin Plunges

Textsize If the losses hold, the Dow would fall for the sixth day in a row. Ed Jones/AFP via Getty Images The stock market was falling again Thursday, as investors were fretting about the impact of inflation and the Federal Reserve’s monetary policy on the economy. In afternoon trading, the Dow Jones Industrial Average retreated […]

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Internet

Crypto crash: Mark Cuban says crypto is in ‘lull that the internet went through’

Post author By mangakiko
Post date May 12, 2022
No Comments on Crypto crash: Mark Cuban says crypto is in ‘lull that the internet went through’

Mark Cuban: 'Crypto is going through the lull that the internet went through'

Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low on Monday, and sales of non-fungible tokens, aka NFTs, plummeted between January and March 2022. See also: Tom Brady will join Fox Sports as lead NFL analyst when […]

Business

Bitcoin Prices Fall. Cryptos Pressured as Terra’s Meltdown Intensifies.

Post author By mangakiko
Post date May 11, 2022
No Comments on Bitcoin Prices Fall. Cryptos Pressured as Terra’s Meltdown Intensifies.

Bitcoin prices have suffered a route over the past week alongside other cryptocurrencies. dreamstime Textsize Bitcoin and other cryptocurrencies remained under pressure Wednesday, but above their Tuesday lows, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the US dollar. The price of Bitcoin fell 2% over the […]