2020-2-23 07:00 |
The coronavirus is growing into a global economic problem. But overstimulated financial markets are ignoring the impact. The post Are Overstimulated Stocks Ignoring Coronavirus Risks? appeared first on CCN.com origin »
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The price of Bitcoin has surged over the past day, pumping nearly 10% to over $19,500. Meanwhile, most major altcoins like Ethereum have continued their downward trajectory.
The central bank wants to see innovative interventions in financial markets – but under existing rules.
The Ethereum network has continuously evolved during the past few years, and the recent successful completion of the Shanghai upgrade has boosted optimism within the community. However, the Federal Reserve’s upcoming meeting and a potential interest rate hike may affect…
The Bank of England says the downturn seen across the risky asset markets, including crypto, might not be over just yet. The UK central bank, in a report published on Tuesday, notes that the global financial markets have been extremely volatile these past few months.
The belief that cryptocurrencies have a correlation to traditional markets may be leading amateur investors down the wrong path putting their portfolio at risk. Cryptocurrency Not Inversely Correlated to Larger Markets There’s been plenty of discussion on whether Bitcoin and other cryptocurrencies are correlated to commodities and larger financial markets.