-- Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.House Democrats Consider Demanding Biden Withdraw From RaceThe digital asset shed as much as 5.6% to hit the lowest since February and changed hands at about $55,500 as of 11:20 a.m. Friday in Singapore. Smaller coins like Ether and XRP nursed steeper losses in some cases exceeding 10%.
Von Haenisch said crypto needs more dovish notes on monetary policy from the Federal Reserve, adding “one to two rate cuts, coupled with Fed balance sheet expansion, are two key ingredients that crypto is really waiting for.”Investors are awaiting US jobs data later Friday for the latest clues on the outlook for Fed policy. Soft recent economic reports have bolstered the case for the US central bank to loosen monetary settings in coming months.
'Warren Buffett knows this': Michael Saylor warns that the US dollar is on track to lose 99.9% of its valueOTTAWA — The first of four payments from the GST/HST credit is set to hit Canadians’ bank accounts on July 5.TFSA Investors: 2 Great Stocks to Buy in July and Hold Forever Trading activity by members of Congress has come under scrutiny in recent years, with calls to ban Congress from trading individual stocks.Alvopetro is a small-cap energy stock that offers you a tasty dividend yield of 10.5% in July 2024. Is the dividend stock a good buy? The post Lock In a 10.5% Dividend Yield With This Small-Cap Energy Stock appeared first on The Motley Fool Canada.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »