Market

Why the Markets Worry About the Delta Variant

2 monthes ago   |   By NY Times

Investors worry about the long path back to normality.
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Why is bitcoin crashing? The cryptocurrency slumps to below $30,000 as delta fears spread

2 monthes ago   |   By Fast Company

The delta variant is causing a selloff in stocks and other assets as fears mount it will stunt a global economic recovery.
Bitcoin has had a rough 24 hours. At the time of the writing, the world's leading cryptocurrency has crashed over 5% in the last day to a price of just over $29,600 per coin, according to data from CoinDesk. Those are lows bitcoin hasn't seen for almost a month. So what's happening?
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Stocks begin a shaky recovery after the Delta variant spread prompted a rout

2 monthes ago   |   By NY Times

Many of the biggest efforts, including eviction moratoriums and expanded unemployment benefits, are about to expire.
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Bitcoin slides below $30,000 as fears mount over surging COVID-19 cases - and now trades 55% below its record high

2 monthes ago   |   By Business Insider

STR/NurPhoto via Getty Images
Bitcoin dropped below $30,000 for the first time since June 22 on Tuesday.
As global markets were shaken by the spread of the Delta variant, other digital assets tumbled too.
Cryptocurrencies have been trading lower since China banned the use of digital assets as currency.
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Bitcoin slid below $30,000 on Tuesday for the first time in about a month as rising fears of the fast-spreading Delta variant hit global stocks sharply on Monday. The cryptocurrency was last trading at $29,770 as of...
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Bitcoin plunges below $30,000 amid broader cryptocurrency market sell-off

Bitcoin plunges below $30,000 amid broader cryptocurrency market sell-off

2 monthes ago   |   By RT

Nearly $100 billion has been erased from the cryptocurrency market, with bitcoin dropping to its lowest level in four weeks.
The top cryptocurrency lost more than 6% on Tuesday, trading around $29,700, with rivals ethereum and XRP losing 9% and 11% respectively, CoinDesk data shows. The drop in crypto prices followed a major sell-off on global stock markets, with the Dow Jones Industrial Average having its worst performance since October 2020.
Also on rt.com
Will the digital dollar make bitcoin obsolete? RT's Boom Bust has the answer
Furthermore, bitcoin investment products and funds...
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Bitcoin Plummets Below $30,000 As Crypto Market Crashes Amid Delta Variant Spread

2 monthes ago   |   By Forbes

The crypto market lost around $100 billion in a day as the infectious Delta variant shakes global markets and confidence in a smooth pandemic recovery.
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