Tag: Bitcoin/USD Coin Metrics

2024-12-06

MicroStrategy gives up big gain, turns negative despite bitcoin $100,000 milestone

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Business

CFOTO | Future Publishing | Getty Images Cryptocurrency-related stocks gave up big gains Thursday even after the price of bitcoin soared above $100,000 for the first time overnight. MicroStrategy dipped into negative territory to slip 4.8% after surging more than 7% earlier in the day. Riot Platforms and Mara Holdings fell around 5% and more than 4%, respectively. Meanwhile,…

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2024-12-06

Bitcoin falls below $100,000 after reaching the milestone level for the first time

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Business

The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. By Thursday afternoon, the flagship cryptocurrency pulled back from the milestone. It was recently higher by 0.28% at $99,140.00, according to Coin Metrics, trading at the lows of Thursday’s trading following some profit taking by investors. On Wednesday night, it rose…

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2024-08-06

Wall Street reacts to global market sell-off

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Business

(This is CNBC Pro’s live coverage of Monday’s Wall Street chatter as global markets sell off.) Stock markets around the world are selling off to start the week, as investors fear the U.S. could be headed into a recession amid a spate of softening economic data. Japan’s Nikkei 225 had its biggest one-day drop since 1987 overnight, losing 12.4%…

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