Bitcoin Tumbles 4.7%, Most in Two Months, as China-Fueled Enthusiasm Wanes

China reportedly said it will act "resolutely" to prevent what it considers social risks stemming.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. .....»»

Virtual currencies c.....»»

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»

The drop was fueled partly by Musk tweeting over the weekend that bitcoin and Ethereum prices seemed high. Yasin Ozturk/Anadolu Agency via Getty Images Elon Musk's wealth fell by $15 billion after Tesla's stock dived 9% on Monday.The sli.....»»

Major indices worldwide are down on Monday as investors book profits after a strong week. Rising COVID-19 infections in Europe and mainland China also weighed on market sentiment. U.S. read more.....»»

Asian shares erased earlier gains on Wednesday, swinging into negative territory as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and fueled fears about the economic impact of the outbreak......»»

U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world's second largest economy......»»

Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year......»»

The electric-car maker has seen its stock more than double in the past three months, fueled by a rare quarterly profit in October and news of a production ramp-up in its China factory......»»

U.S. stocks are little changed Friday morning as enthusiasm wanes for assets considered risky with market participants assessing conflicting narratives on progress in Sino-American trade talks and reports of infighting in the White House......»»

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China......»»

The Dow plunged as many as 900 points as part of a global sell-of Monday after the slide in China's currency fueled fears Beijing's move could further aggravate the trade war with Washington......»»

The Dow plunged as many as 900 points as part of a global sell-of Monday after the slide in China's currency fueled fears Beijing's move could further aggravate the trade war with Washington......»»

Europe's early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusiasm over Federal Reserve Chairman Jerome Powell cementing rate cut expectations......»»

U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of the session as enthusiasm over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods......»»

Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled global markets, but others urged investor caution......»»

Bitcoin is up 10 days in a row, surging above $6300 this morning (as China tensions have escalated)... And Ethereum has followed the trend, albeit as the smaller cryptos have seen a lot of noise and tended to drift a little lower... .....»»

Bitcoin prices tumbles lower on Monday, losing as much as 2.5% and surrendering some recent gains that saw the best-known cryptocurrency log its fifth consecutive winning week......»»