2020-3-25 23:38 |
Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too.
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Coinspeaker U. S. Working on Stimulus Bill in Response to COVID-19U. S. Senate leaders and the Trump administration neared an agreement on a massive stimulus bill that could inject $2 trillion into the economy to blunt the impacts of the coronavirus.
2020-3-25 20:28 | |
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Traditional markets continue to get whalloped on terrible economic numbers while bitcoin holds ground ahead of the halving.
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
Prices in the crypto market are seeing such a steep upward trend that arbitrage traders are able to trade between exchanges to easily capture profit.
Cryptocurrency markets stabilized somewhat as traditional financial markets found some footing Tuesday.
Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.
Asian stocks rose on Friday, with Japan's benchmark index reaching new five-month highs amid reports that the Federal Reserve was pledging more liquidity to prop up the financial markets. Asian Markets Rise Stocks across the Asia-Pacific region rose in the final session of the week.