Investing.com – Similar to the risk aversion that plagued it earlier this week, Bitcoin benefited yesterday from a renewed appetite for risky assets, and as a result, managed to regain the key psychological threshold of $30,000 broken the day before.
The BTC/USD trend looks fragile and the cryptocurrency could resume its downward path at any time and fall back below $30,000.
The cryptocurrency sector has also felt the impact of the current economic gloom, with cryptocurrency exchange Coinbase announcing in a blog post by HR director L.J.
Treasury yields reached two-week highs on Friday after data showed the American economy generated a greater-than-expected number of jobs in May, signaling the Federal Reserve will likely continue raising interest rates in its effort to curb inflation.
Meanwhile, it’s been an even tougher slog for the tech-driven Nasdaq Composite and the Nasdaq 100, the latter comprising 100 of the largest nonfinancial companies listed on the Nasdaq exchange.
The legendary investor founded his private financial advisory firm, Fisher Investments, in 1979, with just $250 in seed money.
In this article, we discuss the 10 energy stocks hedge funds are buying.
When Nikola CEO Mark Russell said the electric truck maker had an extraordinary year in 2021, nobody argued with him.