Bitcoin hits record high followed by sharp sell-off

Bitcoin, the world’s largest cryptoasset, reportedly hit a new all-time high of $19,510 yesterday, beating the previous high of $19,458 set in December 2017, according to the Financial Times (FT). The cryptoasset has risen 75% in the past three months. From lows in March it has returned a staggering 400%. The record high was disputed by someContinue reading “Bitcoin hits record high followed by sharp sell-off”

Weekly Stock Market Update: COVID-19 Continues to Unsettle Markets, Amazon Disrupts Health Sector

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The Nasdaq Stock Market saw some strong results last week from Fossil Inc. (FOSL), Puma Biotechnology Inc. (PBYI), Nikola Corp. (NKLA), HD Supply Holdings Inc. (HDS) and Bilibili (BILI). Fossil Inc. (FOSL) stocks soared +42.73% following news of strong e-commerce sales and growth in mainland China.Continue reading “Weekly Stock Market Update: COVID-19 Continues to Unsettle Markets, Amazon Disrupts Health Sector”

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