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digital currencies

Ethereum extends gains to rise 8pc; bitcoin firms
Markets

Ethereum extends gains to rise 8pc; bitcoin firms

  • Larger rival Bitcoin also gained in its wake with the world's biggest and best-known cryptocurrency rising 3.7% to $36,977 in quiet trading with London and US markets shut for holidays.
  • Bitcoin has been less volatile in recent days but is down by more than 35% this month, weighed by growing regulatory pressures on the sector.
Published 31 May, 2021 07:40pm
Crypto crash deepens, stocks slip
Markets

Crypto crash deepens, stocks slip

  • Global stocks pressured by inflation jitters.
  • European stocks down 1.3%, Nikkei loses 1.5%.
  • Cryptocurrencies hit by fresh China measures.
  • German Bund hits 2-year high.
Published 19 May, 2021 05:20pm
Bitcoin extends gain on reports of JPMorgan fund
Markets

Bitcoin extends gain on reports of JPMorgan fund

  • The cryptocurrency had slumped almost a fifth from its all-time high hit earlier this month.
  • It was last up 9.5% at $53,792.0 after touching its lowest since early March on Sunday. Other major coins ethereum and XRP, which tend to move in tandem with bitcoin, were up around 7.7% and 20.4% respectively.
Published 26 Apr, 2021 08:49pm