Starting at around 9:30 a.m. ET, stocks and crypto bounced sharply. Bitcoin rocketed up 7.8% from a low of $18,372 to end Thursday at just over $19,800. At almost the exact same time, the Dow Jones Industrial Average (DJIA) found a bottom at $28,709, then proceeded to rip up 4.6% to $30,038 by the close. Bond prices also dipped before recovering though, unlike stocks and crypto, bonds didn’t recover all of their early losses.
Related posts
-
IMX price hits key support as Immutable Passport signups surge
Immutable X token is on track for its first weekly loss in four weeks despite strong... -
Mark Cuban praises Kamala Harris for engaging with the crypto crowd
Billionaire investor Mark Cuban voiced support for Kamala Harris’ approach to the cryptocurrency industry in a... -
Popcat boasts 35% surge driven by improved trader sentiment
Popcat emerged as the top gainer this week, driven by improved trader sentiment and a sharp...