Tag: stock market

Bitcoin surges past $90,000 as investors flee tumbling dollar, volatile stock market

Bode DoluLeave a Comment on Bitcoin surges past $90,000 as investors flee tumbling dollar, volatile stock market

Bitcoin surged above $90,000 for the first time since March, rising over 5% to $91,605.01 on Tuesday, according to Coin Metrics. It briefly touched $91,752.00 and is now up more than 8% over two days, rebounding 22% from its April low. The rally comes amid continued stock market turbulence and a weakening dollar. U.S. equities […]

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Cryptocurrency: Coinbase appears in stock market

Bode DoluLeave a Comment on Cryptocurrency: Coinbase appears in stock market

Cryptocurrency exchange Coinbase made a scorching stock market debut Wednesday amid frenzied interest in bitcoin and other virtual currencies despite concerns about a bubble. The enterprise, the first company devoted entirely to cryptocurrency to enter the US stock exchange, immediately garnered an overall market valuation of $100 billion, bigger than that of General Motors and […]

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