Bitcoin price drops The dollar fell below the important $63,000 level on Wednesday as investors worried about rising tensions between the United States and Iran. Bitcoin was trading at about $62,553, down 1.2%, after rising above $64,500 in the previous session. Bitcoin falls below $63,000 amid U.S.-Iran tensions (Pexel/Representative Chart) (Pexel) The biggest reason for … Read more
U.S. stocks were mixed on Thursday as investors moved money away from major technology stocks and into other sectors such as health care, financials and industrial companies. The tech-heavy Nasdaq Composite fell 0.5%. The S&P 500 was almost flat, with overall little movement. The Dow hit a record high in the U.S. stock market today, … Read more
cryptocurrency market In just 60 minutes, around $450 million in leveraged long positions were wiped out, causing a huge shock that shows how quickly trading risks can shift when prices move wildly. As Bitcoin falls to $58,000, the cryptocurrency market has seen $450 million in leveraged long liquidations. (Pexel/Representative image) (Pexel) Cryptocurrency Liquidation Collapse Following … Read more