Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments
Stocks across Asia and Europe took a dip Friday and so did bitcoin in anticipation of Trump’s comments on “deeply troubling situations” in Hong Kong.
Crypto derivatives volume had a record month in May - and volatility contributes to fueling that growth.
The bitcoin rollercoaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound.
Bitcoin was dull in trading Friday as stock markets were having a big day. However, cryptocurrency stakeholders see it as a temporary market condition.
Bitcoin’s jump up and right back down is at least partially due to the crypto derivatives markets.
The bitcoin market has nothing on oil’s volatility in 2020.